As enterprise resource planning (ERP) systems have evolved, regulatory compliance tracking capabilities have improved. Now, with real time access to information and automation, it’s easier than it has ever been for an organization to ensure that regulatory compliance challenges are being not only met, but exceeded.As enterprise resource planning (ERP) systems have evolved, regulatory compliance tracking capabilities have improved
Traditional methods, such as spreadsheets and paper-based tracking, are still effective, however, it takes considerable time to manually track all of the data necessary to ensure compliance. And, manually tracked data is error prone as numbers get transposed or missed. The repetitive nature of manual data entry can lead to simple mistakes.
Visibility and Controls
A major element of regulatory compliance is the visibility and transparency of business processes. From acquiring the materials or products for production through final delivery to the customer, organizations must be able to track material flow to meet compliance guidelines. ERP systems enables this visibility and transparency.
Data Security and Access Controls
Whether securing the property rights of the products produced or tracking data that is collected, one increasing concern is controlling breach of data security. ERP systems should provide a complete set of security features including access controls, data encryption, and server based processing.
Traceability and Quality Control
Traceability goes hand in hand with visibility and transparency. The need for product traceability is critical in a compliance-regulated environment. Most ERP systems provide a comprehensive framework for managing product innovation with solid product data management, quality process controls and product traceability. ERP systems also streamline the process of tracking such issues in an efficient manner. The result is better-quality products.
Regulatory compliance is a growing concern for any regulated industry, and as the number of regulations and standards increase, you need an ERP system that can address this ever evolving environment.
WHY Acumatica?
Acumatica is a leading provider of cloud business management software that empowers small and mid-size businesses to unlock their potential and drive growth. Built on the world’s best cloud and mobile technology and a unique customer-centric licensing model, Acumatica delivers a suite of fully integrated business management applications, such as Financials, Distribution, CRM, and Project Accounting, on a robust and flexible platform. In an interconnected world, Acumatica enables customers to take full control of their businesses, play to their organizations’ unique strengths, and support their clients by following them anywhere on any device.
Want more information?
Contact the experts at CompuTec Integrated Solutions! CompuTec Integrated Solutions is an IBM Business Partner and ERP Vendor with over 21 years of experience. Working closely with their clients, they strive to find the best software solution to fit an organization’s particular needs. CompuTec Integrated Solutions also sells hardware, software and storage solutions. Contact us today!