Finance Proposal Essay

.1.INTRODUCTIONThis research is an overview that how administration can improve their tabuput by selective information establishment planning and writ of execution? Ethical and professional works as head as effective risk management, improving the outcomes and monitoring the performance.ERP body glide bys flexibility, fast(a) response.ERP was introduced in early 1990s to cope with the requirements of the market. This system is difficult to claim in practice as it has galore(postnominal) modules and can be limited jibe to the need of an organization.1.1Comp anys introductionSSGC (Sui Southern gun telephoner limited) is the Pakistans most leading attach to. Its purpose to provide natural gasoline to totally the regions of the country. Beside transmission construction off all high and depression pressure distri bution systems. The vision of the company is to provide excellent serve by primary(prenominal)taining high level of ethical and professional standards. The mis sion of the company is to foregather the needs of the customers in friendly environment and securing the the responsibility of all stakeholders.1.2ERP OverviewQuestion arises what is actually ERP?How it scats?ERP are computer software packages comprise contrasting modules e.g. Human resource, sales, marketing etc. These softwares can be modified according to the needs of the department of an organization.ERP system is non a project which testament end one day, they are the way of life. besides ERP does not guarantee the solutions of the difficultys but those who pull up stakes understand and implement it will be most likely to succeed.1.3Importance of ERPERP is the most classical and effective incision used in todays succession across the globe. It is not that easy for business people to start competing on global case because there will be complications and hardship for them to line-up their operations and processes and holds them pop offs smoothly.ERP is not the solu tion to all problems .ResearchesFrom the beginning ERP was the most expensive tool except handful companies afford it at that time. Even it was difficult for workers to accept and work with mod tool, due to lack of noesis slightly the ERP tool workers failed to make it useful and how to implement it companies purchases falling in loss. Setting up the ERP system in organization is complex and time consuming minimum time for fully implementation for big organization is cardinal months and maximum xviii months for some reasons. It is important for workers to understand and have plenty of knowledge about the tool so it gone a be easy for organizations to meet its needs, Every organization have contrary needs and make it ERP tools to a greater extent effective to meet the needs of an organization.1.4Dominant factors in ERPDifferent studies has been conducted on slender factors that should be carefully analyzes to make possible and successful implementation of an ERP project. mur der of ERP project on all levels carried out by these factors. Researches highlighted these factors play important role in ERP implementation. These factors monitor all stages of ERP implementation top management, experient project management, world class education are all main factors of ERP project.1.5Dimensions and phases of ERPERP life cycle phases contains many stages that ERP system goes through longer couplet of life hosting within an organization. Following are the phases of life cycle of ERP.1. toleration decision phase2. Acquisition phase3. Implementation phase4. attention phase5. Evolution phase Retirement phase.In ERP dimensions first gustation is to analyzing phases of life cycle which are 1)product 2)process 3)People 4)change management.1.6Advantages and disadvantages of ERPERP system has more advantages than disadvantages. Its been used to closure number of problems that are governing bodyd by large organizations. Using this technology a company can get a pa th to sucees but it does not guarantee it, This technology costs very high so every organization can not implement it .It is complex system only trained employees can modify it according to the need of an organization Otherwise it is useless and wastage of time and money.1.7 Research problem* To find out the factors of implementation of ERP.* To analyze the structure and planning of ERP in Sui Southern Gas beau monde Limited.1.8Objective* To overview the implementation of ERP in Sui Southern Gas Company. * To explain the sizeableness of ERP as best practice in an organization.1.9LimitationsThere are many limitations in our current study due to which our research work got effected. imputable to limitation of time(4 months) we do not at this point differentiate betwixt alternative explanations for our findings. Also due to the limited pecuniary resources.2.Literature Review2.1Social crackingSocial capital is the way to secure benefits via social networks. These benefits include g aining knowledge about network norms. It as well as represents the benefits of the benefits of members of human networks and communities. Repetition of interaction amongst people while they perform routine actions and work and procedure will form and transfer information .Social capital bridges the rift between the people within organization. Social capital enhances communication, collaboration, knowledge access between the employees of organization. Social capital exploits knowledge and information skills. It is positively much related to to post implementation erudition.2.2 power implementationIt is the process in which knowledge is created through experience. Post implementation proves an idea to look after its implementation. Post implementation focus on effectiveness of educate before making any project operational.ERP is the complex system and limits the amount of knowledge. There is a gap between the usage and dominance of technology. Post implementation learning real izes the blind drunk specific of knowledge within the organization which is the key to know the potential of technology. Social capital is positively related to Post implementation learning Post training Self qualification2.3Post training Self efficacySelf efficacy defines ones maximum capabilities to perform its task to accept the situations face by an organizations which brings changes in behavior and decisions interpreted by employee. According to Campeau and Higgins (1995)introduce to IT field of honor thats computer self efficacy is only the believe that how an several(prenominal)ist can use computer effectively. Self-efficacy is just a construct during the acqui ions of new technology. Self-efficacy can be improved by trading internalizing the conceptual models into their psychogenic model to fill the gaps in understandings, it can provide knowledge and experience. It similarly provides the firm believer of an individual to perform specific task according to his or her ability after training, self- efficacy positively related to motive learning and skills.2.4ERP usageERP performs different task and it refers to the usage of the ERP system on individual basis in an organization such as problem solving and customer services.ERP usage gives competitive advantage competency and addition in productivity. The ERP system integrative the characteristics that learn new knowledge and skills training gives the brief idea of proper implementation of ERP systems and it doesnt ensure that keep on the stability. Post implementation and obtaining knowledge based on practical work communication and feed stern and knowledge transfer to improve ERP usage and major improvement can be seen in the financial suggestion of an organizations it to a fault give vast area for knowledge transfer from social networks ERP system has different modules and factors usage of ERP highly dependent on the training of employs and modification of ERP softwares according to the need of an organizations.2.5ERP violationERP gives a brief synopsis on the research of success of information system concluding six major categories system quality, quality of information, use, user satisfaction, individual and organization have-to doe with. ERP impact depend on the individual uses of knowledge and information of the technology. According to delone and mclean (1992) suggested that case-by-case impact is closely related to performance with the impact indicating whether IS has given the users a better understanding has improved their productivity has produced to change their activities and change the experience of importance and usefulness of IS. Continuous learning of the system leads to the reminding and modifying but absence seizure will cause the gap and will effect the performance of individual work3.Conceptual manikin3.1.Independent variable* Social capital* Post training self efficacySocial CapitalERP impactERP usagePost implementation learningPost trainingSel f efficacyFig. 2.Conceptual Framework3.2. Dependent variable* Post implementation learning* ERP usage* ERP Impact4. Research methodologyResearch methodology is financial in this research. It focuses on the implementation and planning of ERP system in SUI southern gas company. financial assessment helps us to analyze the financial position of organization. trends and abnormalities can also be highlighted and determined through these analysis.5. Sources of entropy collection5.1.Primary source of data collectionData for this research has been collected from the visits of company and help was taken from personal contacts, meetings and discussions and with executives.5.2. Secondary source of data collectionIt was collected from annual reports, institute magazines, department manuals, and the data was gathering by the 6 published research paper.5.2. Statistical toolsDescriptive statistic and other test are employed.6. Findings abstract shows positive trend in the company. As the profit ability increases every year. The abnormalities shown in the analysis are clearly defined in notes at the back of annual report.The company indicates good asset position of the company. The company also got sufficient reserves and Surplus to meet the future financial contingencies of the company. Company considers Corporate Social Responsibility as one of the pivotal functions to urge the process of overall sustainable development and make significant parcel to Nation building.7. ConclusionThe research which we have done gives a congener briefing by the ERP system. We have analyzed that ERP usage can give Competitive atmosphere in productivity and personal competency, by the healthy and integrative characteristics of ERP usage, the knowledge and skills increases. ERP usage and impact increases after the implementation. Although ERP is the best practice but it does not guarantee success.