literacy among employees pose challenges in
implementation.
6 FUTURE WORK
Additional Study on ERP Adoption in SMEs: doing
more thorough investigations to investigate the
difficulties SMEs in Bangladesh have implementing
ERP systems. This might entail examining elements
like price, technical proficiency, and change
management tactics to offer insightful information to
practitioners and policymakers. Impact Assessment
of ERP Implementation: Examining the ERP
implementation's long-term effects on Bangladeshi
SMEs. To evaluate the concrete benefits and
outcomes of ERP deployment, this may entail
measuring variables such as productivity, efficiency,
cost savings, customer satisfaction, and overall
business performance.
7 CONCLUSIONS
Bangladesh's economic growth has been remarkable,
but there is a significant earnings gap between small
and medium-sized enterprises (SMEs) and larger
corporations. To further boost GDP growth and
support SMEs, it is essential to facilitate the growth
of these smaller businesses. In the digital age, the
success of businesses is closely linked to their ability
to manage big data and leverage advanced
technologies. Therefore, providing SMEs with access
to ERP systems, which offer benefits beyond basic
accounting information systems (AIS), becomes a
crucial challenge for the country. A study aimed to
identify the best ERP system for SMEs and found that
cloud-based Oracle Fusion Applications are the most
suitable choice. This is because SMEs are better
equipped to manage lower-tier ERP systems
compared to higher-tier ones. Regardless of the
industry or organizational structure, ERP systems are
designed to handle key functions of a company and
are already widely adopted by large corporations,
gaining popularity among small and medium-sized
businesses. However, the study reveals that SMEs in
Bangladesh have not received sufficient attention
regarding ERP adoption. Policymakers should
consider signing agreements to expedite the ERP
deployment process for SMEs, as this could
contribute to the success, growth, job stability, and
overall excellence of SMEs in the region. (Eason, G.,
Noble, B., & Sneddon, I. N., 1955; Faccia, A.,
Mosteanu, N. R., Fahed, M., & Capitanio, F., 2019).
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