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Considerations regarding the implementation of ERP systems within the actual economical-financial crisis

EuroEconomica

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Title Considerations regarding the implementation of ERP systems within the actual economical-financial crisis
 
Creator Gavrilă, Alexandru; Academy of Economic Studies, Bucharest
Băbeanu, Delia; Academy of Economic Studies, Bucharest
Geambasu, Cristina; Academy of Economic Studies, Bucharest
 
Subject ERP; subprime crisis; business processes; company reorganization; IT system implementation
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Description The aim of the ERP systems is to improve the activities that belong to the stage between acquiring an order from a client and issuing the invoice for that order and also the payment. The actual financial crisis, initially started in the USA as a subprime crisis, tends to be transformed in one of the most powerful economical crisis that was known in the last ten years, and some of the analysts predict that this crisis is even worse than the one that took place in the ’30 years. In these conditions, seems to be very natural for all the companies to look up for surviving solutions during this period, and one of the most popular methods to fight against the negative effects of the crisis applied by all the companies is the cost reduction. We may consider also that such a period could represent in the same time an opportunity for the companies to reconsider the business processes and repositioned in the actual context of the market, and for this a considerable help could be the implementation of an ERP system.
 
Publisher Danubius University of Galati, Romania
 
Contributor —
 
Date 2010-04-22
 
Type Peer-reviewed Article
 
Format application/pdf
 
Identifier http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/257
 
Source EuroEconomica; Vol 23, No 2 (2009)
 
Language en
 
Rights The author fully assumes the content originality and the holograph signature makes him responsible in case of trial.