BDO: this is where you can tell if the corporate governance system is out of date
Enterprise resource planning (ERP) systems can also become obsolete if they are not updated or maintained from time to time, or if they do not follow the company’s development at an appropriate pace.
Their obsolescence is therefore not only age-related. It may happen that the ERP in a particularly fast-growing company is not able to fulfill its task after only a few years. This can also happen with solutions from large manufacturers, but is especially common with individually developed systems. In such cases, the previously adequate application no longer helps, but makes daily work more difficult. At the same time, it is difficult to judge from the inside when the moment has come when it is definitely better to replace it, or to update it to a newer version, to catch up with the outdated system. Below, the specialists of the Hungarian BDO Solutions business branch have collected 5 signs that, after experiencing them, it is worth considering the change.
Related news
BDO: Restructuring of struggling businesses is more effective
Viable businesses but struggling with payment difficulties have been able…
Read more >Due to the risks, more and more companies are introducing policies for the use of artificial intelligence in the workplace
Assistive services using artificial intelligence (AI) (for example, various chatbots)…
Read more >BDO: The European Commission’s proposals regarding the EU customs reform
The proposals of the EU customs reform include the creation…
Read more >Related news
Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >The Hungarian Marketing Association for the supply of the profession
The Hungarian Marketing Association is actively working for the future…
Read more >