ERP implementation and significance in banking industry essay
The most common ERP system used in banking and finance is SAP, which is mainly used by top banks and tends to be more expensive. The other system is Oracle EBS or the Oracle E-business Suite, created by Oracle. EBS is more widely used and dominates the market due to its security and process-oriented approach. The presence of project management approaches and the right culture and internal readiness of the organization are the key factors contributing to the success of SAP implementations in. The seven most important steps of ERP implementation. his research on business processes, software installation, data migration, software performance testing, user. training, total commitment and beyond. Abstract. Purpose - Enterprise resource planning, ERP, systems can be considered as the cornerstone that enables most organizations to achieve their business objectives. The purpose of this document is to.