Max Henry explains why SMEs struggle with ERP governance compared to large companies. Without proper rights and controls configured, small businesses face weak inventory management and budget enforcement that compounds into serious operational problems.
Chapters
we do not have rights and governance in those ERPs set well, uh, again, as it— as he said, it's a cholesterol. Apart from what, um, Anirban said, even if we have boundaries around, you know, at the start of the year, uh, digital governance and rights is another topic which probably is handled very well in, um, uh, the multinationals. However, the SMEs are struggling with this digitization. where they are right now entering into that phase where the rights and governance needs to be perfect so that there is a control on inventory points. Even now, the, um, the MSMEs are struggling in terms of control points. Even if you are setting the budget at the start of the year, at the end of the day, all— we all rely on our ERPs. And if we do not have rights and governance in those ERPs set well, uh, again, as it— as he said, it's a cholesterol. It will keep building.