Articles about ERP

Many enterprises rely on some sort of ERP application for their business operations and decision making. The vast majority of large organizations use ERP applications from leading vendors like SAP and Oracle.

New research from threat data and intelligence leader Flashpoint and ERP cybersecurity and compliance leader Onapsis reveals evidence that SAP business-critical applications are increasingly in the sights of and valuable for cybercriminals.

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Users of Microsoft Dynamics 365 have larger bills on the horizon. Microsoft has just announced the first price increase in over half a decade, with leaps of between 10 and 16 percent.

As well as pointing to the period of time that has elapsed since the last increase, Microsoft justifies the upcoming hike by stressing how Dynamics 365 has transformed CRM and ERP . New pricing comes into effect in October.

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Data is the lifeblood of modern business and enterprise resource planning (ERP) systems are where it's likely to live. ERP software integrates data and business functions across departments like finance, manufacturing, marketing, sales and more, and of course this makes it an attractive target for cyber criminals.

So what threats do ERP systems face and what can enterprises do to defend against them? We spoke to Kellie Synder, CCO of Onapsis, to find out.

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Businesses today face a wider and more dangerous array of cybersecurity threats than ever before. In the UK alone there were more than 400,000 reports of fraud and cybercrime in 2021. Those crimes come with significant costs too. In addition to the reputational damage that comes with cybersecurity incidents, data breaches cost UK companies an average of US$4.35 million.

That makes it critical that organizations have the best possible cyber defences in place, not just for the threats they face today but also for those of tomorrow. This is especially true for business-critical applications like ERP systems that need to be run continuously in order for the organization to keep operating smoothly and servicing its customers.

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Keeping up with the technology curve is a vital part of staying competitive for any business in any field. Digital transformation, for example, is no longer optional -- and enterprise resource planning (ERP) is among the most crucial aspects of digital transformation.

In short, an ERP system consolidates an enterprise’s day-to-day processes, allowing for centralized management and visibility. Resolving administrative bottlenecks and increasing agility with ERP gives a competitive edge that no company can afford to ignore.

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Despite the fact that the world has become increasingly data-driven, a new global study shows that organizations increasingly face problems getting the right data in the right place for making critical business decisions.

The research, conducted by Dimensional Research for data integration specialist Fivetran, finds that 82 percent of companies are making decisions based on stale information.

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In response to fast-growing demand for business mobility, Priority Software is launching an enhanced suite of mobile ERP applications, offering customers a rich ERP solution and full access to core business processes from remote locations.

Priority Mobile ERP includes a variety of new out-of-the-box mobile apps, along with advanced capabilities for its Mobile App Generator. These include digital document signature, document sharing via email or text, camera activation, barcode scanning, secure credit card processing and more -- all in real-time and directly from the mobile device.

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As we enter the new year, the criticality of securing sensitive data will continue to mold and transform the structure of security strategies across enterprises, resulting in a heightened focus on access control and data-centric investments. With numerous data privacy regulations on the horizon, the cost of data breaches will be more catastrophic for businesses. In 2020, enterprises must invest in proactive strategies that combat the dynamic threats targeting an organization’s most sensitive data.

Enterprises can expect the trend of increased data breaches in ERP (Enterprise resource planning) systems to continue to rise in 2020

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