ERP (Enterprise Resource Planning) Shortcomings

logoERP (Enterprise Resource Planning) shortcomings

ERP systems allow the enterprise to automate and control each process. However, enterprise wide value chains span multiple processes and even systems. They also interact with people. Therefore, an ERP system

 

CANNOT:

  • Control itself, knowing when it is failing or making mistakes.
  • Oversee more than one process at a time (there are attempts to create cross reference checks by some ERP providers, that provide very limited capabilities)
  • Start the process from the middle, all workflow must have a beginning point.

Capability to “follow the money” in real time

An enterprise comprises of multiple locations, systems, processes and people. If one of these entities starts an enterprise wide value chain, like “order to cash”, it may touch several locations and multiple systems etc. It is impossible to follow each deal, from the beginning to the end, in real time. Therefore, enterprise CANNOT:

  • Identify an issue before it has been covered up by an insider or a cyber attacker.
  • Stop a major system error before a negative effect on a large number of customers.
  • Prevent “fat fingering” catastrophic errors.
  • Stop insider fraud and cyber attacks.

 

SOLUTION

We offer a new technology, based on a real time watchdog engine. It is capable of following the data across multiple locations, systems, processes and users. Therefore we CAN:

  • Prevent money from leaking out of customer, supplier and payroll related value chains.
  • Identify data issues that were caused by user error, system error, insider fraud or cyber attacker.
  • Notify the appropriate business contact, in real time, in order to prevent any damages.

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Author: Stephen G. Barr, Group Publisher

Author, Syndicated Columnist, Editor In-Chief and Group Publisher at SGB Media Group, a social media marketing firm specializing in digital media content production, publishing, affiliate marketing, public relations and advertising. Over 25 years experience in retailing, advertising, website & online forum development, niche social networking, affiliate marketing, search optimization, branding and identity, site location, non-profit fund raising. Event planning, promotion, production and MC/Host at public events. Author, Editor & Publisher of 35 syndicated, digital publications utilizing multiple digital distribution channels in conjunction with launching and administrating national advertising campaigns for major Fortune 500 advertisers in partnership with Google, Ning, Facebook, Myspace, Yahoo, DoubleClick, LinkShare, PepperJam and other industry leading third party affiliate networks. Product development team member from conception to launch on many websites, tangible goods and organizational structure for start ups. Specialties: Public relations, retailing, advertising, website & online forum development, niche social networking, blogging, email campaigns, affiliate/performance marketing, search optimization, branding and identity, site location, event production & promotion, non-profit fund raising and tasteful, responsible adult content publishing. An internationally recognized and read social media columnist & pundit on The Examiner, Associate Content, Vator.tv, X-Biz.net and Technorati and his own affiliated sites.