Functional Areas
The following are common functional areas covered in an ERP System. In many ERP Systems these are called and grouped together as ERP Modules:
- Financial Accounting
- General Ledger, Fixed Asset, Payables, Receivables, Cash Management, Financial Consolidation
- Management Accounting
- Budgeting, Costing, Cost Management, Activity Based Costing
- Human Resources
- Recruiting, Training, Payroll, Benefits, 401K, Diversity Management, Retirement, Separation
- Manufacturing
- Engineering, Bill of Materials, Work Orders, Scheduling, Capacity, Workflow Management, Quality Control, Manufacturing Process, Manufacturing Projects, Manufacturing Flow, Product Life Cycle Management
- Supply Chain Management
- Supply Chain Planning, Supplier Scheduling, Order to Cash, Purchasing, Inventory, Product Configurator, Claim Processing
- Project Management
- Project Planning, Resource Planning, Project Costing, Work Break Down Structure, Billing, Time and Expense, Performance Units, Activity Management
- Customer Relationship Management
- Sales and Marketing, Commissions, Service, Customer Contact, Call Center Support
- Data Services
- Various "self–service" interfaces for customers, suppliers and/or employees
- Access Control
- Management of user privileges for various processes
Read more about this topic: Enterprise Resource Planning
Famous quotes containing the words functional and/or areas:
“Indigenous to Minnesota, and almost completely ignored by its people, are the stark, unornamented, functional clusters of concrete—Minnesota’s grain elevators. These may be said to express unconsciously all the principles of modernism, being built for use only, with little regard for the tenets of esthetic design.”
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)
“The point is, that the function of the novel seems to be changing; it has become an outpost of journalism; we read novels for information about areas of life we don’t know—Nigeria, South Africa, the American army, a coal-mining village, coteries in Chelsea, etc. We read to find out what is going on. One novel in five hundred or a thousand has the quality a novel should have to make it a novel—the quality of philosophy.”
—Doris Lessing (b. 1919)