ERM Software Now a Priority for Many Companies

A recent article in Treasury & Risk Magazine highlights the fact that technology spending will certainly be impacted by the current financial crisis.  The article suggests that large-scale enterprise resource planning ("ERP") software implementations will most likely take a back seat to implementations of risk management related software products.  Here is an excerpt from the article.

Likely to fare better in the financial services meltdown is enterprise risk management (ERM) software, the tools many say could have mitigated the global credit collapse. “Never before has there been such a need for prudent financial risk management,” said Carol Beaumier, executive vice president with software provider Protiviti Inc. “Even the strongest of companies will find themselves subject to increased market pressures and regulatory scrutiny."

With investment dollars limited due to the tightening of corporate budgets, strong business cases must be made to reap the maximum benefits of any ERM related software implementation.   Wheelhouse Advisors provides cost-effective services to build a solid business case as well as evaluate, select and implement the appropriate ERM software solutions to achieve optimal results for your organization.  Visit www.WheelhouseAdvisors.com to learn more.