Which are the most used business management components? | SIVECO Romania

Which are the most used business management components?

Friday, September 11, 2015

Companies from most various fields of activity have some common requirements when choosing an Enterprise Resource Planning (ERP) system

According to a study performed by the specialists of SIVECO Romania, the IT applications most frequently used by the economic entities are those of Financial-Accounting, Payroll, Fixed Assets Management, Stocks Management, Procurement and Contracts.

"Across the over 1,500 implementations of our ERP solution - SIVECO Applications - we have noticed that, irrespective of the companies’, either public or private, field of activity, there are common requirements. Thus, in the first stage, companies request a basic package. As they discover that results are very good, the beneficiaries decide to extend it. The wish for extension, for continuous activity improvement is natural, and is reflected in the more and more customized requirements for introducing IT. Currently, our integrated information system includes 50 components covering entirely the most diverse requirements of an organization", has stated Lacramioara Barseti, SIVECO Applications Department Manager.

The components in the integrated information package SIVECO Applications 2020 Project:Cloud have a high capacity for parameterization and configuring, so that the legislative or organizational changes occurring are easily implemented. Today, smaller size companies , which once could not afford to purchase and operate an ERP system, can benefit for a reasonable budget from the advantages that SIVECO Applications 2020 Project:Cloud is bringing. Among these there are: system’s adaptability to each customer’s specific business requirements, increasing the degree of data consistency, coherence, relevance and correctness, getting accurate information in time, reducing the volume of documents’ manual processing, optimizing the documents flows, high degree of protection against unauthorized access to information, convenient access to data anytime and from anywhere.

In a globalized and more and more competitive world, success depends on the agility that companies achieve in managing their resources with. This becomes possible only with IT-based instruments", spune Lăcrămioara Bârseti.