Enterprise Resource Planning (ERP) systems are the lifeblood of many enterprises. They contain the vital information about finances and operations that constitutes the economic reality of corporate entities. In the operational melee of actually getting an ERP system up and running, security concerns may get left aside, often to the detriment of the enterprise.
This note discusses ERP security and specifically addresses:
- Common ERP security problems.
- How small enterprises differ from larger enterprises in terms of ERP security.
- The low-hanging fruit for addressing the most common ERP security concerns.
Sufficient levels of ERP security are lacking in many ERP implementations, which can cause severe financial losses due to fraud and non-compliance. Mitigate these risks through effective security processes.