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TESTE DEIN WISSEN
Name 5 examples of aspects that are integrated by ERP Software
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TESTE DEIN WISSEN
Accounting, Marketing, HRM, Manufacturing & Inventory Management 
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TESTE DEIN WISSEN
What are the 6 ERP Modules?
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TESTE DEIN WISSEN
  • financial
  • hr
  • order to cash
  • purchase to pay
  • manufacturing
  • customer relations management (CRM)
Lösung ausblenden
TESTE DEIN WISSEN
Name the 3 types of ERP Software
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TESTE DEIN WISSEN
  • Industry specific 
  • Web based 
  • Small Business
Lösung ausblenden
TESTE DEIN WISSEN
What are the advantages of ERP System?

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TESTE DEIN WISSEN
  • Integrates and centralises the enterprise, allowing for better flow of information that’s easily accessed by varies departments (leads to better customer service)

  • Data captured once (removes need to enter data about customer and then accounting to enter same data for invoice)

  • Improves access of control of the data through security settings

  • Standardisation of procedures and reports


Lösung ausblenden
TESTE DEIN WISSEN
What are the Disadvantages of ERP System?
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TESTE DEIN WISSEN
  • Costly
  • Takes a lot of time to implement
  • Complex
  • User resistance
Lösung ausblenden
TESTE DEIN WISSEN
What are the steps In processing data input?
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TESTE DEIN WISSEN
  • Capture transaction data (triggered by a business activity)
  • Make sure captured data is accurate and complete
  • Ensure company policies are followed (approval of transaction etc)
Lösung ausblenden
TESTE DEIN WISSEN
Name some of the information collected for an activity
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TESTE DEIN WISSEN
  • Activity of interest (sale)
  • Resources affected (Inventory and cash)
  • People who participated (customer and employee)

BONUS: Information comes from source documents (Sales order, delivery order, remittance advice, deposit slip etc.)
Lösung ausblenden
TESTE DEIN WISSEN
What are source documents?
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TESTE DEIN WISSEN
Document that captures data at the source when the transaction takes place.

(paper source documents, turnaround documents & source data automation)
Lösung ausblenden
TESTE DEIN WISSEN
Give an example of how data is organised
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TESTE DEIN WISSEN
  • Subsidiary ledgers
  • General ledger
(With the above, one can trace the path of the transaction, known as audit trail)
Lösung ausblenden
TESTE DEIN WISSEN
What are the four types of data processing activities?
Lösung anzeigen
TESTE DEIN WISSEN
  • Creating new records
  • Reading existing data
  • Updating previous record/data
  • Deleting data

CRUD

BONUS: Data processing can be batch processed or in real-time
Lösung ausblenden
TESTE DEIN WISSEN
What are the two forms database files can be viewed?
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TESTE DEIN WISSEN
  • Online (Soft copy)
  • Printed out (Hard copy)
Lösung ausblenden
TESTE DEIN WISSEN
What is ERP?
Lösung anzeigen
TESTE DEIN WISSEN
A system that integrates all aspects of an organisations activities
Lösung ausblenden
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Q:
Name 5 examples of aspects that are integrated by ERP Software
A:
Accounting, Marketing, HRM, Manufacturing & Inventory Management 
Q:
What are the 6 ERP Modules?
A:
  • financial
  • hr
  • order to cash
  • purchase to pay
  • manufacturing
  • customer relations management (CRM)
Q:
Name the 3 types of ERP Software
A:
  • Industry specific 
  • Web based 
  • Small Business
Q:
What are the advantages of ERP System?

A:
  • Integrates and centralises the enterprise, allowing for better flow of information that’s easily accessed by varies departments (leads to better customer service)

  • Data captured once (removes need to enter data about customer and then accounting to enter same data for invoice)

  • Improves access of control of the data through security settings

  • Standardisation of procedures and reports


Q:
What are the Disadvantages of ERP System?
A:
  • Costly
  • Takes a lot of time to implement
  • Complex
  • User resistance
Mehr Karteikarten anzeigen
Q:
What are the steps In processing data input?
A:
  • Capture transaction data (triggered by a business activity)
  • Make sure captured data is accurate and complete
  • Ensure company policies are followed (approval of transaction etc)
Q:
Name some of the information collected for an activity
A:
  • Activity of interest (sale)
  • Resources affected (Inventory and cash)
  • People who participated (customer and employee)

BONUS: Information comes from source documents (Sales order, delivery order, remittance advice, deposit slip etc.)
Q:
What are source documents?
A:
Document that captures data at the source when the transaction takes place.

(paper source documents, turnaround documents & source data automation)
Q:
Give an example of how data is organised
A:
  • Subsidiary ledgers
  • General ledger
(With the above, one can trace the path of the transaction, known as audit trail)
Q:
What are the four types of data processing activities?
A:
  • Creating new records
  • Reading existing data
  • Updating previous record/data
  • Deleting data

CRUD

BONUS: Data processing can be batch processed or in real-time
Q:
What are the two forms database files can be viewed?
A:
  • Online (Soft copy)
  • Printed out (Hard copy)
Q:
What is ERP?
A:
A system that integrates all aspects of an organisations activities
AIS

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