THE IMPACT OF ENTERPRISE RESOURCE PLANNING (ERP) SYSTEMS ON THE ACCOUNTING PRACTICES OF SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)

Abstract

Small and medium-sized businesses (SMEs) often face significant accounting challenges due to limited resources and manual processes that can lead to inefficiencies and errors. Enterprise resource planning (ERP) systems offer comprehensive solutions to optimize and improve accounting for small and medium-sized businesses. This article describes the imp of ERP systems on the accounting procedures of small and medium-sized businesses, highlighting their benefits, challenges and future potential. Implementing sustainable business resource planning systems in small and medium-sized enterprises is a strategic reaction to the changing landscape of corporate responsibility and environmental stewardship. This study aims to ascertain the key determinants of satisfaction in the implementation of a sustainable enterprise resource planning system in small- and medium-sized businesses. A poll was created to assess the level of satisfaction among managers on the implementation of S-ERP in their respective companies. A multivariate analysis was conducted to examine the variables that influence the level of satisfaction with the implementation. The overall findings indicate that the specific module utilized has a favorable and significant impact on the level of satisfaction with S-ERP. An observed outcome is that as the number of accounting modules utilized increases, the system becomes more intricate, requiring greater work to efficiently adopt and utilize the new technology. Another finding indicates that the sales marketing module has a negative influence on satisfaction with an S-ERP, potentially due to its complexity and challenging management. This study makes a substantial contribution to the growing body of information on S-ERP deployment by addressing the research gap regarding the relationship between the S-ERP system and user happiness, with a specific focus on small firms. Future study should focus on investigating the enduring effects of adopting sustainable ERP systems on the performance and resilience of small and medium-sized enterprises (SMEs). Furthermore, doing research on the efficacy of government policies in promoting the adoption of sustainable ERP systems, as well as examining the tangible environmental effects of these systems in small and medium-sized enterprises (SMEs), might enhance our comprehension of this ever-changing and progressive domain.