Exam 12: Integrating the Organization From End to Endenterprise Resource Planning

Accounting and finance ERP components manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management.

A hybrid ERP architecture allows an organization to have an on-premises ERP system along with cloud ERP applications.

Business intelligence is both a core and extended ERP component.

When a user enters or updates information in one ERP module, it is immediately and automatically updated throughout the entire system.

Production and materials management is a core ERP component.

Explain the business value of integrating supply chain management, customer relationship management, and enterprise resource planning systems.

SaaS ERP uses the cloud platform to enable organizations not only to unite around business processes but to gather cloud data across supplier networks and supply chains to drive greater efficiency in manufacturing projects.

Within software customization, what is key for business process support that spans functional areas and legacy systems?

Core ERP components are the extra components that meet organizational needs not covered by the core components and primarily focus on external operations.