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Types of enterprise resource planning (ERP) systems

IBM Services

Upgrades needed: The ERP software will need to be upgraded periodically to mitigate cybersecurity risks and ensure your organization has the most efficient software. There is also less flexibility to changing the system if your organization grows over time. Organizations should factor in these expenses before choosing on-premises ERP.

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The advantages and disadvantages of ERP systems

IBM Services

As ERP can monitor each department and keep all data in one place, there’s an opportunity for more efficient processes and improved cross-collaboration. Neste’s new ERP platform is enabling supply chain process efficiency improvements and making its data more transparent.