Conduct research on an ERP package, such as Microsoft Dynamics GP or Microsoft Dynamics NAV, for...

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Accounting

Conduct research on an ERP package, such as Microsoft Dynamics GPor Microsoft Dynamics NAV, for small to medium-sized (SME)organizations (between $30 million and $1 billion in revenues).Compare that package to the SAP system in terms of availablemodules, functionality, and so on.

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Organizations take risks all the time but fail to monitor and manage risk effectively for the enterprise A cavalier approach to risktaking results in disaster providing case studies for future generations on how poor risk management leads to the demise of corporations even those with strong brands Gone are the years of simplicity in business operations Exponential growth and change in risks regulations globalization distributed operations projects strategy processes competitive velocity technology and business data encumbers organizations of all sizes Keeping this complexity and change in sync is a significant challenge for boards executives as well as risk management professionals throughout the business Organizations need to understand how to monitor risktaking whether they are taking the right risks and whether risk is managed effectively Enterprise Risk management in this context is an integrated part of everyones job and not just for the back office of risk management The modern organization is Distributed Even the smallest of organizations can have distributed operations complicated by a web of global supplier agent business partner and client relationships The traditional brick and mortar business with physical buildings and conventional employees have been replaced with an interconnected mesh of relationships and interactions which define the modern organization Complexity grows as these interconnected relationships processes and systems nest themselves in intricacy Dynamic Organizations are in a constant state of flux as distributed business operations and relationships grow and change At the same time the organization is trying to remain competitive with shifting business strategies technologies and processes while keeping pace with change to risk environments around the world The multiplicity of risk environments that organizations have to monitor span regulatory geopolitical market credit and operational risks Managing risk and business change on numerous fronts has buried many organizations Disrupted The explosion of data in organizations has brought on the era of Big Data and with that Big Risk Data Organizations are See Answer

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Conduct research on an ERP package, such as Microsoft Dynamics GP or Microsoft Dynamics NAV, for...

60.1K

Verified Solution

Question

Accounting

Conduct research on an ERP package, such as Microsoft Dynamics GPor Microsoft Dynamics NAV, for small to medium-sized (SME)organizations (between $30 million and $1 billion in revenues).Compare that package to the SAP system in terms of availablemodules, functionality, and so on.

Answer & Explanation Solved by verified expert

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