The Relevance of a Global Accounting Model in Multi-Site ERP Implementations

Abstract

ERP systems and their processes are cross-functional. They transform companies’ practice from traditional functional and local oriented environments to global operations, where they integrate functions, processes and locations. They can support company-specific processes in the framework of globally defined organisational structures and procedures if properly implemented. This paper seeks to contribute to the area of multi-site ERP implementations. A case study from several companies in a large retail corporation is presented, focusing on the global accounting model from the perspective of an ERP implementation project. This case study analyses the most important elements of a globally designed financial and management accounting model and their ‘translation’ to the structures and processes of the ERP system. Moreover, It demonstrates the importance of the application methodology in early project phases. Central standardisation and maintenance issues of the global accounting model are also outlined.