Enterprise resource planning (ERP) software is an essential platform for managing and supporting business operations. While ERP platforms can be transformational and add significant value, companies must be careful when implementing or upgrading systems to avoid risks that could limit return on investment, create vulnerabilities or cause regulatory concerns.
Recent Gartner research found that 75 percent of ERP initiatives fail; that rate is so high due to the amount of risks that occur during implementations. Several risks are continuous throughout an ERP implementation, thus becoming costlier and creating delays as the project progresses.
