Share

Top online courses to understand Financial Systems and ERP

Financial Systems is part of our Online Finance Series

  • May 30, 2019

ERP stands for Enterprise Resource Planning and is a multi-layered computer program that plays the main role in integrating all kinds of functions at an organizational level. At first, when this software was created, it was only used by large firms that had their own mainframe servers. However, nowadays, ERP solutions can be easily developed and applied by small and medium enterprises.

Research estimates that the market of ERP software will continue to grow and that, by 2020, we will witness a boost in sales of no less than over 7%. These financial systems are now used in a wide range of departments and industries, from production and manufacturing to shipping, logistics, retailing, banking services, tourism, and more.

With all these in mind, we aren’t surprised by how many individuals are looking for professional opportunities in this field of activity. Due to the fact that the whole procedure of ERP implementation focuses more on how well a person understands the overall business process, companies don’t necessarily require future employees to fully know how to operate this kind of software. So, you don’t really need to have in-depth computer knowledge or complex technical abilities to become an ERP specialist.

On average, an ERP consultant receives an annual salary that ranges between $75,000 and $109,000. So, the more you know about this profession and the higher your qualifications are, the bigger the salary because you will be considered an experienced professional.

Maybe you want to learn the proper way to use certain ERP software alternatives such as SAP ERP. Some of you might want to know more related to ERP project management techniques. Either way, regardless of your goals, we have compiled a list of great and top-rated financial systems courses that will definitely play an aiding role in accomplishing your objectives.

1

This course provides you with an understanding of what Enterprise Systems (also commonly termed as Enterprise Resource Planning Systems, ERPs) are. After learning about what these systems are, we would touch upon why these systems are useful to companies, through which you would get to see the various jobs and positions that are associated with the use and deployment of ERPs.

In this course, you would also develop an appreciation of the managerial aspects related to the selection and implementation of ERPs. Specifically, we would touch on the important points to consider when shortlisting and purchasing an ERP, the approaches taken in ERP implementation, and change management techniques to utilize when an organization is undergoing ERP implementation. At the end of this class, you will be endowed with practical knowledge that would help you to address real world business problems associated with ERP usage and implementation.

  • ★★★★★  (4.7) based on 3 reviews
  • Course duration: 7 hours
  • Course type: Self-paced with instructor
  • Course level: Beginner
  • Course price: $ 49.00 / Per month (7-day FREE trial)
More information
2

Most often, organizations acquire information systems as part of a larger focus on process improvement and efficiency. These organizations need to invest in the right system to meet their needs: right functionality, right size, and for the right price. The business systems analyst role in most organizations is responsible for translating the organization’s needs into requirements, which are then used to select or build the right system for the organization.

During the Analysis for Business Systems course, you’ll learn about the standard model for systems development: the systems development lifecycle, or SDLC. You will learn how to read and even create the specific deliverables that business systems analysts prepare during the SDLC. These documents provide guidance to the organization as they determine whether to build or buy and configure a system that meets the organization’s needs.

  • ★★★★★  (4.9) based on 22 reviews
  • Course duration: 16 hours
  • Course type: Self-paced with instructor
  • Course level: Beginner
  • Course price: $ 49.00 / Per month (7-day FREE trial)
  • 1,196 people have done this course
More information
3
This course is one of the 5 courses of an introductory business information systems series, designed to introduce you to the amazing world of Information Technology. The series of courses is designed so that a professional in a field outside the information technologies (financial, administrative or managerial) acquires the basic knowledge in Information Technology to be able to interact more profitably with the computer and telecommunications specialists of your company or other corporations with which you are related, being able to specify requirements, evaluate workloads and monitor results in a much more effective way.
  • Course duration: 20 hours
  • Course type: Self-paced
  • Course level: Beginner
  • Course price: $ 75.00 / One-time payment
More information
4

Good system management not only requires managing the systems themselves, but requires careful planning to make systems interact with each other, auditing of the systems once the systems are built, and proactive maintenance of all systems. Organizations also rely on organizational policies, such as Acceptable Use Policies to bolster the technical aspect of system management.

This course explores many of the behind the scenes requirements of good system management. The first half of the course covers how to build security into system management process and the organization policies necessary for any enterprise to follow. The latter half of the course focuses on auditing and maintenance of systems once they have been designed, and implemented.

By the end of the course you should be able to design and construct organizational policies based on a set of requirements, audit a system based on those requirements, and make sure systems adhere technically to the set of requirements.

  • ★★★★★  (4.6) based on 70 reviews
  • Course duration: 7 hours
  • Course type: Self-paced
  • Course level: Intermediate
  • Course price: $ 49.00 / Per month (7-day FREE trial)
  • 2,500 people have done this course
More information

As an ERP specialist, you’re expected to understand the way business processes work as well as how they integrate with several different solutions and methods which are created by vendors. No one can truly implement ERP in a successful way unless they have a solid grasp of what this concept means. For that reason, there is a high demand in the market for highly qualified consultants.

For starters, these courses will help you gain new skills and combine them in order to grow in your chosen career path. The abilities we’re talking about should be a mix of programming, software engineering, and functional skills. Cloud-based programs are also wonderful platforms if you want to apply your newly-achieved ERP knowledge on quick, convenient, and affordable platforms. So, go ahead and don’t be afraid to give these courses a try!

Online Courses Related to Finance Systems / ERP

The online courses above will raise your knowledge in the field of Financial Systems. If you are more interested in other areas in the field of Finance you might be interested in the following online course overviews:

or search in our database for all online finance courses