Abstract
The Enterprise Resource Planning (ERP) system is one of the key tools used for data extraction for the purpose of meeting the managerial accounting requirements. Due to globalization and competition in the market, the financial and non-financial aspects need to be analyzed to meet the organizational objectives. Concepts such as Big Data supports on processing millions of data points for the purpose of maintaining the competitive edge in the market. One of the main resources of big data is the ERP system in which large number of data can be extracted and analyzed at the same time. This will support decision making and both strategic and business moves. The digitalization played a major role in the improvement of the business analytics, leading to key accounting decisions. Many other tools such as the Accounting Information System (AIS) has been contemplated as key tools for meeting the organizational performance. The purpose of this research is to demonstrate the importance of data analytics used in managerial accounting for improving the competitive edge of corporations. Moreover, it will provide insight on critical system tools such as the ERP system which accommodate big data and provide accurate and detailed analysis. The research will also highlight the importance of digital transformation and the different types of business data analytics.
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Ahmed, F.F., Alrowaiei, K.H., Alsubaiei, S.H., Wadi, R.A. (2023). Impact of Business Analytics and Enterprise System on Managerial Accounting. In: El Khoury, R., Nasrallah, N. (eds) Emerging Trends and Innovation in Business and Finance. Contributions to Management Science. Springer, Singapore. https://doi.org/10.1007/978-981-99-6101-6_63
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