A common mistake made by many companies regarding IT solutions is that they believe once a system is in place, proper maintenance is no longer needed. While options like ERP solutions are valuable resources, organizations still need to maintain such platforms to ensure they remain effective over time.
Because ERP systems are commonly used to connect to some of the most important and sensitive data a company relies upon, an out-of-date ERP system will prove to be a hindrance to the company. Not only will the system perform at a lower than optimal rate, but it will also leave companies with a huge gap in informational security. Despite these facts, many companies today avoid updating their ERP systems due to complexity issues and downtime fears.
One of the major reasons businesses using ERP software should continuously update their systems is because of an increase in fraud or sabotage incidents. Earlier this year, a study found that 95 percent of companies using ERP are vulnerable to these types of events. A well-maintained ERP system will protect companies (and their data) from these types of threats.
ERP solutions are a valuable tool for companies seeking cost-effective ways to improve how they operate, but just like a car, the platform needs care and support or it will run out of gas if no one is paying close attention. Updating your ERP system regularly and doing the proper maintenance will ensure that your system continues meeting your unique business needs.