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ERP and Performance of Companies in Romania

Author

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  • Alin Marius Andrieș

    (Faculty of Economics and Business Administration, Alexandru Ioan Cuza University of Iași, 700506 Iasi, Romania
    Institute for Economic Forecasting, Romanian Academy, 050711 Bucharest, Romania)

  • Iulia Ungureanu

    (Doctoral School of Economics and Business Administration, Alexandru Ioan Cuza University of Iasi, 700506 Iasi, Romania)

Abstract

How does the implementation of ERP solutions influence the financial performance of companies? Using data for 406 of companies from Romania, we assessed the impact of the implementation of ERP solutions on the profitability and productivity of companies. We performed this analysis using companies’ financial data for the period between 1999 and 2000. The analysis of the influence of ERP implementation on the two indicators was carried out both from the perspective of users’ perception and from the perspective of the evolution over time of these financial indicators. Our results revealed a limited impact of the implementation of ERP systems on profitability and productivity, in line with the expectations of managers.

Suggested Citation

  • Alin Marius Andrieș & Iulia Ungureanu, 2022. "ERP and Performance of Companies in Romania," JRFM, MDPI, vol. 15(10), pages 1-12, September.
  • Handle: RePEc:gam:jjrfmx:v:15:y:2022:i:10:p:433-:d:926062
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    References listed on IDEAS

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    1. Laura-Eugenia-Lavinia Barna & Bogdan-Ștefan Ionescu & Liliana Ionescu-Feleagă, 2021. "The Relationship between the Implementation of ERP Systems and the Financial and Non-Financial Reporting of Organizations," Sustainability, MDPI, vol. 13(21), pages 1-17, October.
    2. Al-Mashari, Majed & Al-Mudimigh, Abdullah & Zairi, Mohamed, 2003. "Enterprise resource planning: A taxonomy of critical factors," European Journal of Operational Research, Elsevier, vol. 146(2), pages 352-364, April.
    3. Michal Pohludka & Hana Štverková, 2019. "The Best Practice of CRM Implementation for Small- and Medium-Sized Enterprises," Administrative Sciences, MDPI, vol. 9(1), pages 1-17, March.
    4. Austin Nichols, 2007. "Causal inference with observational data," Stata Journal, StataCorp LP, vol. 7(4), pages 507-541, December.
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    Cited by:

    1. Chirvase Ciprian-Sorin & Zamfir Andreea, 2023. "Exploring Enterprise Resource Planning (ERP) Development: Challenges, Opportunities and How Can Help Companies Navigate Turbulent Contemporary Times," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 17(1), pages 1919-1928, July.

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