Abstract:
ERPs provide crucial informational management capabilities to businesses of all kind. Cloud based ERPs are now seeing increasing adoption along with emerging industry 4.0 technologies which are maturing and becoming increasingly integrated within such environments. SMEs face the crucial task of adopting innovative technologies, especially ERPs cost effectively and reliably within their resource limitations. Thus, based on these contexts, the study aims to explore SMEs in relation to ERPs and how they would interact collaboratively within such a network and further investigate the importance of SME interorganizational cooperation. Research is based on a qualitative approach, where through literature review of similar ideas and relationships have been done, with a historical case study of authors professional experience in the field. Upon such review and experience, two frameworks are proposed where one, a micro perspective of an ERP through a businesses point of view and secondly, of a macro perspective of a collaborative network where SMEs can interact through it across geographic and industry limitations.