Answer to Question #206074 in Other for qianhe

Question #206074

In today company’s management meeting, your boss is discussing of changing company’s accounting system to ERP system. He pointed out companies of all sizes are investing in ERP systems to help improve processes. However, he knew that implementation of ERP is not always simple and can potentially create a lot of challenges depending on the way it managed. You are the accountant of this company, an SME. You are being assigned to handle this project. You need to present and explain the following to your boss: - 

What are the factors you need to consider prior to implementing an ERP system.                                                              (50 marks)


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