strategy information

I Question 5 (7 marks) After finishing your Bachelor of Accounting, you joined a multinational enterprise in 2007. During the last thirteen years in a multinational enterprise. you have performed various roles, including: 0 Evaluating the systems development methodologies and the role of accountants in system development projects. and - Appraising the risks inherent in the Enterprise Resource Planning and analysing the role of ethics and the various internal control processes that need to be in place. Recently. you joined a mid-size company for a senior role as a chief information officer. You are excited to perform this senior role. Mark (the head of your organisation) has decided to implement an Enterprise Resource Planning {ERP) system. Recently, Mark has met with a consulting ERP firm based on a friend's recommendation at his club. During a recent meeting. Mark introduced the chief consultant. charming. personable. and seemed very knowledgeable. The CEO's first instinct was to sign a contract with the consultant. but he decided to hold off until he had received your input. Required: Mark wants your opinion on this issue. In particular. he asked you to write a memo presenting the issues and the risks associated with consultants. Your discussion should be based on the relevant, interactive tutorial. Further. outline a set of procedures that could be used as a guide in selecting a consultant. [7 Marks. Word Limit: Up to 200 words]