Devin Z Hall
Managerial Applications of Information Technology-MIS535
DeVry University, Keller Graduate School of Management
November 9, 2014
Integrating an Efficient ERP System to introduce virtual billing and Inventory Management at Penske Truck Rental
This proposal will introduce the integration of efficient billing and inventory maintenance throughout Penske Truck Rental, the impact it will have in comparison to current operations, and proposes a solution. Penske sustains multiple ERP systems (RentalNet, ServiceNet, AS400, etc.) as well as maintains physical copies of inbound and outbound vehicle inspections. Throughout all the divisions, this ...view middle of the document...
Exhausting all legal compliance ordnances specific to the ERP system chosen will be critical to the success of the approach to redesign the operational and financial procedures. If there are no major disablements other than opposition of conversion, evaluating appropriate and effective ERP options with management and specialists, appointing the system that directly correlates with the needs and aspirations of the company, vigilantly exhausting all the complications that come with converting a new system (e.g transferring existing data, migration processes, functionality). Utilize appropriate professionals, such as IT systems analysts, to determine if the cloud service identified will be adequate.
Incorporating the redesign of ERP systems for billing and inventory may reduce not only the annual maintenance costs anywhere between 20-25 percent through the productivity of equipment data collection but also provide a gate way of innovation to the consumer market to readily receive financial records and other information....