ERP Audit Services
- Once the ERP software is implemented, ongoing management and refinement are necessary to ensure it brings measurable benefits to the business.
- Regular maintenance and auditing after go-live are essential to keep the system delivering the expected results.
- Chudovo can assist in recognizing the significant risks and oversight matters associated with ERP systems.
- Conducting a Business Audit: Examining the processes set up in the modules to guarantee essential supervision is implemented for modules & components in the ERP system.
- Review of module features: Examine the features and functions configured in the modules and components to identify any missing elements.
- Review of ERP System Security: Ensuring proper configuration of the administrative component and secure system.
Different Types of ERP Audits
Each approach is suitable for auditing an ERP system. Your business's ERP software, applications, and unique needs will determine the type of evaluations, checks, and evaluations you do. Various ERP auditing tactics have developed recently as companies seek to evaluate their system's core structure. Here's an overview of some of the distinct ERP audit types and their applications.
- Identify Your Objectives01
- Assemble Your Audit Team02
- Create a Simple Issue Flagging Process03
- Accurate Issue Recording04
- Prioritise and Execute Changes05
Identify Your Objectives
An audit assesses a system, process, or organization to determine whether it functions as intended. To ensure the success of the auditing project, it is essential to identify clear objectives that align with the business's overall aims. Here are some examples of typical ERP auditing objectives:- Evaluating the supply chain for overproduction weaknesses - Examining the security of individual ERP applications for vulnerabilities - Determining if the current network is capable of supporting the ERP software.
Assemble Your Audit Team
Carefully consider who in your organization would be best suited to audit the project and review the software concerning the critical objectives. Make sure to include a varied selection of disciplines, not limiting it to IT and engineering personnel, but also include those who regularly use the system and can provide a practical understanding of how it operates daily.
Create a Simple Issue Flagging Process
Auditors must flag issues for review and approval: establishing an uncomplicated, transparent system for presenting and assessing audit results is a must before beginning the project. Depending on the audit range, this may be just a standard Google sheet, yet for complete cooperation, transparency, and efficient audit direction, we suggest a Kanban-style process board.
Accurate Issue Recording
Once you have established the location for logging system issues, you should outline the information to be recorded. It will vary depending on the audit, but typically the log should contain: a concise description of the issue, the potential risk if it's not resolved, the auditor who found the problem, and the date and time it was identified.
Prioritise and Execute Changes
It is essential to order issues by seriousness once the audit is finished and assign basic improvement tasks to the relevant personnel. Investing the necessary time and resources into making the necessary improvements is essential for making the audit activity effective.