Comparison between SAP system and Microsoft Dynamics Research Paper

Comparison between SAP system and Microsoft Dynamics - Research Paper Example Additionally, the majority of business organizations adopts ERP solutions offered by SAP Corporation. In view of the fact these systems are costly and are designed to be used for large size business organizations therefore it is assumed that they are not suitable for small and medium-size business organizations (Park & Lee, 2006; Khaleel & Sulaiman, 2013). In this scenario, Microsoft a giant organization of IT industry has introduced some enterprise resource planning systems known as Microsoft Dynamics enterprise resource planning business solution software which provides an excellent support and wonderful capabilities to business organizations by allowing them to be more creative and allows them to acclimatize as they develop, at the same time as providing the insight they need to act in response rapidly in an ever-changing business environment (Microsoft1, 2013). ... This comparison will be on the basis of cash flow management function. SAP’s ERP System SAP ERP Central Component (or simply ECC) is one of the well-known assets of SAP Corporation. Basically, it is an ERP application (enterprise resource planning software) that is composed of a large number of modules that provide the business organizations with a great deal of control over their major business procedures. In this scenario, these modules are designed in a way that they are able to communicate with each other with the purpose of creating and maintaining a completely integrated system that offers superior performance to almost every client inside a broad range of industry areas. However, the management of business operations using SAP ECC applications can be challenging because of the risk that appears due to transformation of direct fundamental information and procedures, however the significance of counting through these types of systems and the advantages of a flourishing/in tegrated ERP application are too important. In view of the fact that it integrates a large number of modules for a variety of purposes such as financials (FI), sales and distribution (SD), material management (MM), human capital management (HCM), and a number of others, that’s why SAP ECC is one of the most attractive choices for the majority of business organizations (CIPHER Business Solutions, 2013; SAP1, 2013; F5 Networks, Inc., 2013). In addition, SAP ECC business system solutions can be an excellent option for those business organizations that are in search of a complete, integrated industry application to have full control over their