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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Enterprise Resource Planning System Risks and Rewards

Enterprise Resource Planning System Risks and Rewards
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Author(s): Joseph Bradley (University of Idaho, USA)
Copyright: 2009
Pages: 13
Source title: Handbook of Research on Enterprise Systems
Source Author(s)/Editor(s): Jatinder N. D. Gupta (The University of Alabama in Huntsville, USA), Sushil Sharma (Ball State University, USA)and Mohammad A. Rashid (Massey University, New Zealand)
DOI: 10.4018/978-1-59904-859-8.ch007

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Abstract

Enterprise Resource Planning systems have proven difficult and costly to implement. Organizations must consider the risks and rewards of embarking on complex and time consuming implementation projects. This chapter explores why firms adopt ERP systems, identifies the benefits firms seek, discusses the various risks firms face as they adopt these systems, and suggests ways firms can manage these risks.

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