Independent Controls for Enterprise Resource Planning (ERP) Systems
Today’s business runs on information. Packaged Enterprise Resource Planning (ERP) applications suites such as those from SAP, Oracle, Microsoft, and others are designed to execute business processes while displacing a set of legacy applications and manual steps. There is often a fair amount of systems integration and customization performed to make the ERP fit. The resulting ERP system, while perhaps more effective and efficient than its predecessor, is fallible and needs controls to assure the integrity of resulting business processes and information.
"The independent controls we built using Infogix software assured the successful rollout of
26 complex system conversions
and our adoption of Oracle GL.”
- Top 50 U.S. Bank
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Controls for ERP systems should be independent of the ERP system, itself. These controls need to be automated and continuous. They must keep pace with potentially extraordinary volumes of information, yet able to detect errors and exceptions at the earlier possible moment. Errors detected too late can result in expensive cleanup costs, drain productivity, drive down customer satisfaction, draw unwanted auditor attention, impair morale, scare investors, tarnish brand names, and more.
Basic controls may balance record counts and monetary totals between feeder systems, ERP modules, and downstream systems. Other controls might detect the presence of erroneous duplicate transactions, while still others might reconcile transactions at a detail or line item level between applications and processing steps. More advanced controls may validate complex calculations, intricate extraction and transformation of data from source, and operational reporting. Whatever your control needs, a flexible and independent controls platform will enable quick control deployment without having to change or further customize your ERP systems.
Read our white paper on Controls for SAP to better understand the differences between a dedicated and standardized controls platform versus relying only on controls that are built into ERP systems.
For More Information
To learn more about how Infogix Controls can independently and automatically ensure the integrity of your ERP systems, contact us today using the form on the right column.
