Editing Enterprise resource planning (section)

==Best practices==
Most ERP systems incorporate [[best practice]]s. This means the software reflects the vendor's interpretation of the most effective way to perform each business process. Systems vary in how conveniently the customer can modify these practices.<ref>Monk, Ellen and Wagner, Brett."Concepts in Enterprise Resource Planning" 3rd ed. Course Technology Cengage Learning. Boston, Massachusetts.2009</ref>

Use of best practices eases compliance with requirements such as [[International Financial Reporting Standards]], [[Sarbanes-Oxley]], or [[Basel II]]. They can also help comply with de facto industry standards, such as [[electronic funds transfer]]. This is because the procedure can be readily codified within the ERP software and replicated with confidence across multiple businesses that share that business requirement.<ref name="IngolfoEstab11">{{cite book |volume=6998 | last1=Ingolfo | first1=S. | last2=Siena | first2=A. | last3=Mylopoulos | first3=J. |title=Conceptual Modeling – ER 2011 |chapter=Establishing Regulatory Compliance for Software Requirements |pages=47–61 |year=2011 |doi=10.1007/978-3-642-24606-7_5|series=Lecture Notes in Computer Science |isbn=978-3-642-24605-0 }}</ref><ref name="MSITSys">{{cite web |url=https://www.metricstream.com/insights/insights_sox_compliance.htm |title=IT Systems Validation for SOx and Regulatory Compliance |work=Insights |publisher=MetricStream, Inc |access-date=9 May 2018}}</ref>