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has been cited by the following article:

• TITLE: Increasing Competitiveness in the Textile Industry: A Focus on the Accounting Benefits of ERP Systems by Exploring Cases from the UK & Greece

  AUTHORS: Dimitrios Charamis

  KEYWORDS: ERP Systems, Accounting Benefits, Textile Industry, Case Study

  JOURNAL NAME: Theoretical Economics Letters, Vol.8 No.5, April 17, 2018

  ABSTRACT: Due to the competitive marketplace environment, production companies need to increase efficiency. ERP systems can significantly increase profitability, while decreasing operational costs. This paper is focusing on the accounting benefits of ERP systems in the production sector, and more specifically the textile industry. It also explores cross-cultural differences regarding ERP use by looking into two cases from the UK and Greece. The information gathered from the HQ and production plants influences managerial decision-making and efficiency at an organizational and operational level. However, differences in handling and acting upon the generated accounting information are noticed between the two cases.