Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020) 2020
DOI: 10.2991/aebmr.k.200312.440
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ERP System as a Method of Effective Economic Management by the Example of the Russian Federation

Abstract: Russian enterprises have installed systems or accounting modules of various systems that are not integrated among themselves, which cannot provide a complete picture of the financial condition of the enterprise. In this regard, the transition to an ERP system is of particular importance. The article discusses the significant advantage of implementing ERP systems. The state of the Russian market allows us to talk about a significant potential for its growth, provided that the country's economy is stabilized. 2.… Show more

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“…Even if Algerian companies are becoming more aware of the need to implement and use LIS and the benefits expected from them, the amount of investment needed is the main obstacle. An ERP like SAP can cost around 4800€, added to that the maintenance cost that represents nearly 20% of the global cost (Salimov, Trutneva, & Snegurenko, 2020). In some cases, even if the company can handle the implementation cost, the resistance to organizational change is a hampering factor, whether it comes from decision-makers or the employees.…”
Section: Obstacles Of Lis Implementation and Usementioning
confidence: 99%
“…Even if Algerian companies are becoming more aware of the need to implement and use LIS and the benefits expected from them, the amount of investment needed is the main obstacle. An ERP like SAP can cost around 4800€, added to that the maintenance cost that represents nearly 20% of the global cost (Salimov, Trutneva, & Snegurenko, 2020). In some cases, even if the company can handle the implementation cost, the resistance to organizational change is a hampering factor, whether it comes from decision-makers or the employees.…”
Section: Obstacles Of Lis Implementation and Usementioning
confidence: 99%