Ultimate Global Paper Corporation - Financing Program to Avail Erp System

ADVANTAGES:

• The company can be flexible with their financial plan regarding the purchase of the software.
• Once acquired, the benefits of the software’s ability to solve the company’s problems in department integration and resource planning.

DISADVATAGES:

• High cost, in terms of employee training, switching cost for the database and other maintenance and upgrades.
• Since there are a lot of features to familiarize with, it would cost the company a lot of time that will interrupt the company’s operations.
• Inflexible, employees may change work methods.

ADVANTAGES:

• This will address the issue in inventory management.
• The company could choose modules that would be helpful to them in the overall process.
• Less costly in terms of purchasing ERP System since they are not really required to purchase all modules. They can purchase whatever is mostly needed.
• Less risky, relatively fast to install, and least expensive approach.

DISADVANTAGES:

• High implementation costs, given that it would purchase one or two modules at a time.
• It would take periods of time to familiarize a module. Therefore, if the company will acquire another module, it would take another period of time to perfectly fit it to the company’s process.
• Cost of employee trainings to study the modules should also be taken into consideration.
• Could affect the productivity of the company.
• Expansion problems in time and costs.

ADVANTAGES:

• Enhance the utilization of the database.
• Low switching cost of the database.
• Increase the productivity of the company.

DISADVANTAGES:

• High maintenance cost.
• Compatibility-testing costs

ADVANTAGES:

• With the upgraded software, it is expected to work better than before.
• Reduce the cost of purchasing new software.
• Less implementation costs.

DISADVANTAGES:

• Will not be able to address the integration problem among departments.