Define Enterprise resources planning system (ERPs). Critically evaluate the statement " ERPS are useful for management accouting and enhance decision making".

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Executive Summary: Enterprise resources Planning (ERP) systems have become a vital component of successful businesses and organizations. Although ERP systems are difficult to implement and use properly and effectively, they still provide significant benefits to all kinds of businesses since they have the ability to centralize corporate data and improve the efficiency and effectiveness of their business processes and managerial decision-making. The ERP systems are part of the management accounting system (MAS); it could strengthen …

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…information, IRWIN: America. Olson, L.D. (2004). Managerial Issues of Enterprise Resources Planning Systems. 1st Edition, McGraw Hill: New York. Quattrone, P. & Hopper, T. (2005), 'A "time-space odyssey": management control systems in two multinational organisations', Accounting, Organisations and Society, Volume 30, Issues 7-8, October-November, pp. 735-764. Schuster, E.W.& Brock, D.L. (2004). 'Creating an Intenlligent Infrastructure for ERP systems: The role of RFID technology', Journal of Business Logistics, Volume 21, Isssue 1. Wikipedia, the free encyclopedia,