ERP Systems Overview Quiz

A system that integrates all core business processes across departments into one unified system.

A series of steps performed by a group or department to achieve a specific organizational goal.

Departments in a company, such as Accounting, Human Resources, or Sales.

Software components within an ERP system designed to manage specific business functions.

The process of managing the flow of goods and services from the source to the customer.

A business process that involves managing customer orders from creation to payment.

A business process that involves managing procurement from purchasing to payment.

These are the core functions that are part of Supply Chain Management. They are Planning, Sourcing, Making, Delivering, and Returning.

Managing the flow of goods, services, and information from raw material procurement to final product delivery.

The process of planning and executing the purchase of goods or services.

Maintaining the right amount of inventory to meet demand without overstocking or running out.

Includes transportation, warehousing, and distribution of products to customers.

A key function in SCM that involves working with financial data to analyze and manage financial performance.

The process of collecting, analyzing, and reporting financial data for decision-making.

A/F interacts with other modules to gain a holistic view of the business.

Raw data is basic information gathered from operations, without any calculation or arrangement.

Data from accounting and finance functions that helps sales and marketing teams understand customer behavior, track revenue, and allocate budgets.

Raw financial data, such as daily transaction logs, receipts, and expense reports, that is unprocessed and requires analysis.

Financial statements, such as balance sheets and income statements, that provide insights into an organization's financial health.

Managing invoices and payments for purchases made by the company.

Tracking and managing customer invoices and payments.

Using financial data to forecast future trends, plan budgets, and make informed decisions.

Ensuring financial transactions comply with relevant laws and standards.

A central record of all financial transactions in a company.

An ERP module that manages project timelines, resources, and budgets.

Manages the design, development, and production of products throughout their lifecycle.

Provides tools for data analysis and reporting.

Tracks and manages physical assets and maintenance schedules.

Integrates online sales platforms with inventory and order systems.

A defined area in which information systems are used to improve business processes.

A high-level framework that outlines how business processes, data, applications, and technology connect within an organization.

A software architecture that divides an application into three layers for better scalability, security, and maintainability.

The part of a three-tier architecture responsible for displaying data to users and collecting input. Think of it as the interface where users interact directly with the system.

The 'brain' of a three-tier architecture, responsible for processing user input, executing business logic, and interacting with the database. Think of it as the behind-the-scenes work that drives the system.

The central repository of data in a three-tier architecture. It stores and retrieves information, ensuring data consistency and security. Think of it as the safe where all the important data resides.

A key function in SAP ERP that manages the entire customer lifecycle, from order entry and processing to delivery and post-sale support. Think of it as the central point for handling all things related to customer orders and transactions.

A sequential process that involves fulfilling customer orders, starting with order entry and ending with post-sale support. Think of it as the journey an order takes from creation to delivery.