January 2013
Intermediate to advanced
688 pages
23h 33m
English
book
Accounting Information Systems: The Processes and Controls, 2nd Edition
by Leslie Turner, Andrea Weickgenannt
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MARKET SEGMENTS OF ERP SYSTEMS (STUDY OBJECTIVE 5)
There are at least two tiers of ERP systems within the market for ERP soft ware. Tier one includes software often used by large, multinational corporations. Tier two describes software used by midsize businesses and organizations. As discussed in an earlier chapter, software vendors attempt to expand the market for their software products by appealing to a market segment outside their nor mal market. For example, tier one vendors attempt to make changes in their software that make it appealing to smaller companies in the tier two market. Likewise, tier two vendors attempt to scale up their products so that they appeal to larger companies that may be tier one companies. The typical tier market ERP systems are explained next.
TIER ONE SOFTWARE
Tier one software is usually implemented in very large organizations and is extremely expensive. A minimum cost to purchase tier one ERP software is approximately $350,000. Often, the cost of the software with all desired modules exceeds $1 million, and consulting fees to implement the software can add an extra $1 million or more. The three most popular ERP systems in tier one are SAP, Oracle, and Peoplesoft.
SAP
A brief history of SAP was given earlier in this chapter. The company called SAP was formed in 1972 by five former IBM employees. Their intent was to develop and sell application software for real-time processing of business processes. In 1973, they released version 1 of their software, ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.