It is important to recognize that the company made the right decision to adopt XBRL-GL because it is “cheaper, better and faster,” as stated by Cunningham in her 2004 executive report (as cited in Valentinetti & Rea, 2013, p. 6). Due to the affordability and the flexibil...
... middle of paper ...
...ess needs” (Gefen & Ragowsky, 2005, p.25). This suggests that the company must evaluate its critical business areas which needs an upgrade but can only be done one area at a time. ERP solution software such as Systems, Applications & Products in Data Processing (SAP) can offer such customization. In spite of its ease-to-transfer capabilities, in a current assessment of the use of ERP system in Czech Republic shows that SAP still has one identifiable drawback as it encompasses a wide spectrum of business functions and sophisticated for new users (Jacova & Horak, 2015). Due to the risk and uncertainty which the ERP system implementation can present, a careful analysis of the company’s critical needs is indispensable.
In conclusion, it is recommended that the company focus on continuing its business with the use of XBRL-GL to gain its benefits from the current system.
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