ERP SYSTEMS: PROBLEMS AND SOLUTION WITH SPECIAL REFERENCE TO SMALL & MEDIUM ENTERPRISES

Enterprise Resource Planning (ERP) systems have become basic business information processing requirement for organizations, seeking growth. Successful implementations of ERP have been proven to be beneficial for large as well as small organizations. Factors affecting ERP adoption in small scale organizations are different than their larger counterparts. There are some issues before small scale enterprises in implementing on – premises ERP solutions. The paper presents an extensive review of ERP systems, their benefits for organizations. The paper discusses issues before small and medium enterprises in implementing on – premises enterprise resource planning systems. The paper also gives a brief introduction to the cloud computing and cloud based ERP systems as an alternative solution to the on – premises ERP systems for small scale organizations.

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