Enterprise Resource Planning (ERP) has become standard for medium to large companies looking to harness efficiencies and opportunities within their organizations. ERP systems are complex and integrate multiple processes within a business – everything from production planning, logistics, product inventory, project management, and quality management to financial reporting, human capital management and payroll. They facilitate process optimization by automating procedures and control points throughout the organization.
However, complexity and flexibility present inherent challenges that impact risk, governance and compliance. To address these, you need to develop and maintain strong ERP controls that are embedded into your business.
Implementing, monitoring and improving ERP controls are not easy, but it is necessary to run an efficient business and minimize costly fixes later on. You need to think about controls professionals when you are:
How PwC can help
Our Controls practice offers a suite of software-based solutions to effectively and efficiently assess security and controls and provide practical recommendations for improvement. We leverage these tools for clients around the world, thus providing a consistent approach to controls assurance.
We also have a deep network of controls professionals across the globe with the necessary experience to help you improve and strengthen controls around your ERP solution. They have assessed ERP controls for businesses across all industries and know what works, and they can leverage that knowledge to help you.
Contact us today.