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ERP Systems - Reliable Tools in Corporate Reporting of Organizations

Author

Listed:
  • Laura-Eugenia-Lavinia BARNA

    (Management Information System Department, Bucharest University of Economic Studies, Romania)

Abstract

In the digital age, integrated ERP solutions are the best way to efficiently manage an organization's business and resources, as they contain a number of specific modules for accounting, human resources, production, sales and purchasing. This system is designed to provide efficiency and transparency to all operations performed by organizations. The aim of this paper is to explore how ERP systems are a reliable solution in the context of corporate reporting. The modules of this system facilitate the collection, storage, and analysis of an organization's financial and operational data, building a solid foundation for accurate and correct reporting of results, especially its performance. The case study in this paper is summarized as a quantitative analysis based on a questionnaire, which aims to highlight the advantages and challenges of using an ERP system in the context of financial and operational reporting of organizations. The conclusion of the paper emphasizes the importance of using ERP systems in the corporate reporting of organizations, highlighting the main benefits they bring in terms of operational efficiency, data transparency and correct decision making.

Suggested Citation

  • Laura-Eugenia-Lavinia BARNA, 2024. "ERP Systems - Reliable Tools in Corporate Reporting of Organizations," The Audit Financiar journal, Chamber of Financial Auditors of Romania, vol. 22(176), pages 783-790, October.
    • Handle: RePEc:aud:audfin:v:22:y:2024:i:176:p:783
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    References listed on IDEAS

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    1. Gina Raluca Guse & Marian Dragos Mangiuc, 2022. "Digital Transformation in Romanian Accounting Practice and Education: Impact and Perspectives," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 24(59), pages 252-252.
    2. Daniela Artemisa Calu & Adriana Ana Maria Davidescu & Alina Mihaela Irimescu & Corina-Graziella Batca Dumitru & Viorel Avram, 2023. "Implementation of Energy Efficiency Improvement Measures in Romania and the Role of Professional Accountants," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 25(63), pages 479-479, April.
    3. Shaio Yan Huang & An An Chiu & Po Chi Chao & Arniati Arniati, 2019. "Critical Success Factors in Implementing Enterprise Resource Planning Systems for Sustainable Corporations," Sustainability, MDPI, vol. 11(23), pages 1-42, November.
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    More about this item

    Keywords

    ERP systems; corporate reporting; decision transparency; reliable solution; operational efficiency; decision-making process;
    All these keywords.

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • M40 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management

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