Is it important the understanding of the information flow of a routine information process?
Luis Antonio Sanchez Velarde ??? ??
???? LATAM Finance Manager | Country CFO | Global Finance Manager | Finance & Divisional Controller | M&A Experience | Director of Internal Audit | Startup | M&A | Due Diligence experience.
Definitevely yes! When you make an evaluation of the current Internal Control, this tool helps you to identify the weaknesses of the process and make corrections in a such way that you can explain it to the other departments involved.
Also, in the implementation process of a new ERP into your company, or corrections to the existing system it gives you graphic insights about what steps are being duplicated or missing.
This tool also helps you to identify the natural responsibles of the safeguard of the information and also who will be the main users of the reports of the onformation.
At the moment of implementing a new ERP, think on this: How many operations do you process by period (daily, weekly, monthly, yearly)? And now, answer this: How many times do you need to configure your new sytem? Now, think what could happen if you do it wrong?