ITM 102 Lecture Notes - Lecture 9: Supply Chain, Accounts Payable, General Ledger

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Suite of integrated sotware modules and a common central database. The database collects data from many diferent divisions and departments in a irm and from a large number of business processes. Informaion collected from one process can be accessed and used by other process in the irm. Built around thousands of predeined business processes that relect best pracices. Finance/accouning: general ledger, accounts payable, accounts receivable, ixed assets, cash management and forecasing, product-cost accouning, cost-centre accouning, asset accouning, tax accouning, credit management, and inancial reporing. Human resources: personnel administraion, payroll, ime accouning, payroll, personnel planning and development, beneits accouning, applicant tracking, ime management, compensaion, work force, planning performance management. Including procurement, inventory management, purchasing, shopping, product planning. Sales planning, quotaions, contracts, product coniguraion, pricing, billing, credit checking, and commission management, and sales planning. Select funcion of system they sues to use. More eicient operaions and customer driven business processes.

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