An effective ERP system, if installed properly can help in enhanced tracking and forecasting. However, in its later models such as ERP II, all functions were integrated and ERP emerged as a successful means to tackle the problem of integration of information in an organization. While in the earlier period, ERP focused on the back office functions and data pertaining to customers was left for customer relationship management to manage.
#Dss vs bi software
It is software that tries to integrate all external as well as internal information about different departments in an organization with the aim to allow free flow of information between accounting, finance, marketing, manufacturing etc while at the same time managing information about customer profile and preferences also. The use of computers helps greatly in this endeavor as it breaks down data and compiles summarized information on the basis of which it is easy for managers to take real time decisions.ĮRP stands for Enterprise Resource Planning. All this information needs to be categorized systematically so as to be useful for decision makers. In any big company, a huge amount of data is generated with sales, inventories and number of clients going up with passage of time. It is obvious that managers can take better decisions at the right time when armed with complete information that when they have inaccurate or incomplete information about the organization.
However there are differences that will be highlighted in this article for the benefit of managers. ERP and DSS are two of the commonly implemented information systems that have many similarities and have nearly same objectives too. With the advent of computer based management information systems (MIS), managers have been better able to take correct decisions based upon integrated information. In businesses, managers see information as power in their hands.
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