Implementation audit and reconciliation: 5 risk factors and 7 audit steps
Your company has committed to an ERP implementation project, and you see a problem. It is still early enough to make changes. But you just got through major tasks like internal resource allocation, negotiations with your partners, and agreements on a project plan. Do you step on the brakes and address the issue head on? Or do you wait for a better time to look for a fix - at some unknown time in the future?
This scenario is all too common, and often the organization fails to take corrective action. There can be many reasons to let a risky project continue, but be aware of some early warning signs that can help you identify those risks and take prompt action.
Here are five of the most common risk factors.