Problems with ERP systems are mainly due to inadequate investment in ongoing training for the involved IT personnel - including those implementing and testing changes - as well as a lack of corporate policy protecting the integrity of the data in the ERP systems and the ways in which it is used.

Disadvantages

• Customization of the ERP software is limited.  ( Infact we find that our customers like the fact that Finsys , is customisable , a lot lot more ).
• Re-engineering of business processes to fit the "industry standard" prescribed by the ERP system may lead to a loss of competitive advantage.   Hence Being in 14 industry verticals helps us deliver closest to the needs
• ERP systems can be very expensive  --> Thank God Finsys is "comfortable".
• ERPs are often seen as too rigid and too difficult to adapt to the specific workflow and business process of some companies—this is cited as one of the main causes of their failure.   Need to talk about this. Good Planning --> good success.
• Many of the integrated links need high accuracy in other applications to work effectively. A company can achieve minimum standards, then over time "dirty data" will reduce the reliability of some applications.  --> True. Proper Audits required.
• Once a system is established, switching costs are very high for any one of the partners (reducing flexibility and strategic control at the corporate level).  --> True. so, we help you be future proof. We evolve as you evolve. Life long upgradations are a part of the AMC.
• The blurring of company boundaries can cause problems in accountability, lines of responsibility, and employee morale.
• Resistance in sharing sensitive internal information between departments can reduce the effectiveness of the software.
• Some large organizations may have multiple departments with separate, independent resources, missions, chains-of-command, etc, and consolidation into a single enterprise may yield limited benefits.