Implementing an ERP is an investment and effort that begins with strategic planning and extends into implementation and well beyond.
To achieve the desired return on investment, organizations must seek to implement an ERP solution, such as SAP or Oracle, that integrates and optimizes business processes and technology to realize process and control efficiencies, cost reductions, and effective compliance management.
In today’s environment, organizations must consider risk and controls as an additional dimension in managing a system change.
3 comments:
Perfectly said. However the effectiveness of any strategy hinges entirely upon change management and user training. At the end of the day it is people who run the business and it is essential that they understand the key goals you have mentioned here.
ERP now a days has helped organizations to manage business accross globe effectively. New age concepts such as IFRS can be enabled effectively in SAP. It will help all corporates to follow uniform financial reporting standard.
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