Integration of Enterprise Resource Planning (ERP) System in Value Based Management of the Corporation

The use of the automated systems in the joint stock company allows to achieve compliance of internal business processes of activity and safety of information. Besides Enterprise resource planning (ERP) system can be used in value based management. In the modern Russian market technological and commercial stability is based on two major products 1C: ERP and SAP ERP. This research is focused on the study of necessity, shortcomings and advantages of use of ERP SAP and 1C:ERP by the enterprise. The object of the research is JSC Acron. The group Acron is one of the leading vertically integrated producers of mineral fertilizers in Russia and over the world. The authors suggest to introduce the ERP system in the Acron company on the basis of 1C the platform because the company is focused on the Russian market and considers the Russian features of business. The effect of ERP system implementation in JSC Acron was investigated. The carried out calculation allows to draw conclusions that introduction of Enterprise resource planning at above mentioned JSC allows to increase activity efficiency of the company by increasing its value. © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020.

1173 AISC
  • 1 Economics Department, Peoples’ Friendship University of Russia (RUDN University), Miklukho-Maklaya Street 6, Moscow, 117198, Russian Federation
Ключевые слова
Cash flows of firm discounted to the present moment; Enterprise resource planning (ERP) system; Modeling of operating activities of the company; Value based management
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