BAO6714 Computerised Accounting in an ERP System

Discuss why ERP software is increasingly being adopted by medium to large companies. In your discussion focus on which type of industries are making increasing use of ERP software. (Note: Do not focus on a company but the industry and NOT SAP alone but ERP software in general)

As a result of Sarbane-Oxley Act, ERP software had to be modified to cater for the requirements of this Act.  Some of these modifications include amongst others Archiving, Authorisation, Tolerance levels, Fiscal Transparency etc. Research these modifications together with any other modifications in respect to the SAP software you are studying.

There have been success stories of companies using SAP ERP software and also failures. Identify one company that has successfully implemented SAP ERP software and one that has failed and discuss why this was the outcome in each case.
I have added the file which has full description

Assignment Goals

By completing this assignment you will demonstrate your ability to:

General goals

• Locate, analyse and interpret information to solve specific problems;
• Use the information to draw conclusions, make judgements and produce recommendations;
• Produce a document that is ‘fit for purpose’, i.e., the work is written in a style that suits the intended audience, is easy to understand, is formatted correctly, and represents key data and information using appropriate charts, graphs, and/or other visuals;
• Apply time management skills to meet project milestones, and the assignment deadline; and,
• Use online resources(drop box - turnitin) to submit assignment report

    Specific goals

• Investigate and research from multiple sources :
  • Reasons for adopting ERP systems
  • Industries adopting ERP systems
  • Sarbanes-Oxley Act and its implications for ERP systems
  • Successes and failure of ERP systems implementation