5 Points to Consider Before Implementing ERP System in Your Organization
Given its numerous advantages, enterprise resource planning (ERP) systems, without doubt, are a must for today's organizations. But knowing the downsides of the program is equally important to ensure that going for ERP is the right step for your business. The principal ERP drawbacks customers may encounter are as follows: 1: Data Security and Mandatory Compliance Obligations According to available data, since the second half of 2019, there has been quite an upsurge in instances of data breaches worldwide. Hackers have been successful in intruding into corporate networks, inflicting losses amounting to millions. Also, there are many legislation that specifically aim to protect data privacy. SOX, GDPR, CCPA are to name a few. ERP data security , thus, is very critical. Data security and data privacy are a must in today's digital world. ERP systems have many vulnerabilities that expose company data, posing threats to data security initiatives. Fortunately enough, there are