–Captures transactions entered by workers in all functional areas of the business
–Creates associated general ledger record to track the financial impact of the transaction
Customer Relationship Management
•Key features of a CRM system:
–Contact management
–Sales management
–Customer support
–Marketing automation
–Analysis
–Social networking
–Access by smartphones
–Import contact data
Hosted Software Model for Enterprise Software
•Many business application software vendors:
–Are pushing the use of the hosted software model for SMEs
•Using the hosted software model:
–Means the small business firm does not need to employ a full-time IT person to maintain key business applications
International Issues Associated with Enterprise Systems
•Challenges that must be met by an enterprise system of a multinational company include:
–Different languages and cultures
–Disparities in IS infrastructure
–Varying laws and customs rules
–Multiple currencies
Summary
•Electronic commerce:
–Conducting business activities electronically over computer networks
•Mobile commerce:
–The use of wireless devices such as cell phones and smartphones to facilitate the sale of goods or services—anytime, anywhere
•Electronic payment systems:
–Key component of the e-commerce infrastructure
•Transaction processing system:
–An organized collection of people, procedures, software, databases, and devices
•Enterprise resource planning (ERP) software
–Supports the efficient operation of business processes
•Production and supply chain management process starts with sales forecasting
•A CRM:
–Helps an organization build a database about its customers
•Challenges faced by multinational corporations when planning, building, and operating their TPSs:
–Dealing with different languages and cultures
–Disparities in IS infrastructure
–Varying laws and customs rules
–Multiple currencies