BDO: this is where you can tell if the corporate governance system is out of date

By: Trademagazin Date: 2023. 01. 11. 08:41

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moment has come when it is definitely better to replace it, or to update it to a newer version, to catch up with the outdated system.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.