What is an enterprise system and how does it work Discuss at

What is an enterprise system and how does it work? Discuss at least three (3) ways it can provide value for a company.

>NOTE> PLEASE answser the question as you read and see it. Dont not make up an answer and do not provide sources of how i can get my answer. Answer the above question as you read and see it. SIMPLE.. Two pages length is most welcome. END OF NOTE<

Solution

Enterprise system refers to an integrated information system that coordinates all the internal processes of a firm. It utilizes the combination of all the hardware and software components to integrate the information system of a company.

Enterprise system works as elaborated below:

The common central database of the system collects data into numerous applications. Once the new information is entered into the system by one process it becomes available to the other business processes.

Enterprise system can provide value to a company using the given ways:

It helps to coordinate different departments of an organization including the sales, marketing, finance, and production. Hence, each department can assess the data of other department using enterprise system. Thus, it improves the organizational efficiency.

Enterprise system helps a company to manage its supply chain by analyzing the entire company’s needs.

It enables a company to make effective planning and budgeting decisions.