7 Things to Look for in an ERP System
Selecting the right enterprise resource planning (ERP) system for your business can help you streamline your operations, improve efficiency, and...
2 min read
KPC_Admin : Sep 22, 2023 2:26:00 PM
Implementing an Enterprise Resource Planning (ERP) system is a significant investment for any organization. However, even the most advanced ERP system is only as good as the data it relies on. Poor ERP data quality and governance can lead to costly errors, delays, and ineffective decision-making. CIO.com notes “Many companies rolling out ERP systems hit snags when it comes to importing data from legacy systems into their shiny new infrastructure.”
In this blog post, we'll explore strategies to help you avoid the pitfalls of poor ERP data quality and governance, ensuring that your ERP system delivers its full potential.
Before implementing an ERP system or embarking on an ERP data quality improvement initiative, it's essential to define a clear data strategy. This strategy should include:
Before migrating or inputting data into your ERP system, perform a comprehensive data quality assessment. This involves:
Data governance is the process of managing data assets, ensuring data quality, and aligning data practices with organizational goals. To establish effective data governance:
Data security is a fundamental aspect of data governance. Protect your ERP data from unauthorized access, breaches, and data leaks by:
Data quality and governance are ongoing processes; therefore, you must establish a system for continuous monitoring and improvement:
Avoiding poor ERP data quality and governance is essential for maximizing the benefits of your ERP system. By developing a clear data strategy, conducting data assessments, investing in data governance, enforcing data security measures, and maintaining a culture of continuous improvement, your organization can ensure that its ERP data remains accurate, reliable, and aligned with your business objectives.
In doing so, you'll not only enhance operational efficiency but also gain a competitive edge in today's data-driven business environment.
Need support with your data? Check out our IT and Data services and contact us for your tailored plan.
Selecting the right enterprise resource planning (ERP) system for your business can help you streamline your operations, improve efficiency, and...
There are many reasons that a company chooses its enterprise resource planning (ERP) system from improving efficiency to streamlining operations.
“Look at this list of references from the vendor. These guys have our biggest competitor! This is obviously the ERP package we should go with...