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)
“Helping children at a level of genuine intellectual inquiry takes imagination on the part of the adult. Even more, it takes the courage to become a resource in unfamiliar areas of knowledge and in ones for which one has no taste. But parents, no less than teachers, must respect a child’s mind and not exploit it for their own vanity or ambition, or to soothe their own anxiety.”
—Dorothy H. Cohen (20th century)