Optimizing Financial Transaction Security: The Role of ERP Excellence and Data Governance

Abstract

Financial transaction security is of paramount importance for organizations, particularly in the digital age where cyber threats are prevalent. Enterprise Resource Planning (ERP) systems play a central role in managing financial transactions, making them prime targets for cyberattacks. This research paper investigates the role of ERP excellence and data governance in optimizing financial transaction security. Through a comprehensive review of literature and case studies, this paper explores the integration of ERP systems with robust data governance frameworks to enhance security measures, mitigate risks, and ensure compliance with regulatory standards. By leveraging ERP excellence and data governance principles, organizations can establish a secure and resilient environment for conducting financial transactions, safeguarding sensitive data, and preserving stakeholder trust.