Economics as a key support process in ERP systems

Abstract

This article is oriented to the problems relating to the management of the economics issues in enterprises as one of the key support processes. It defines and delimits the basic terminology which is not always understood in the same way in this field, whether this be by managers, economic specialists, or IT professionals. The article goes on to define and delimit the individual sub-processes as well as the relationships between them. The management of economic issues is then confronted with the opportunities and possibilities offered by the functionality of ERP systems - i.e. the software applications without which it would be difficult to imagine the integrated management of an enterprise as a whole, including its coverage of economic, production, logistics and Human Resources issues. This article also summarises observations and knowledge to-date gathered by the Center for investigations into Information Systems (CVIS) and presents the main results and outcomes of research conducted in the Czech ERP market with an orientation on the management of economic processes and its,follow-up support of managerial decision-making.