using scholarly material explain how enterprise resource planning erp systems mitigate risk and assist in organizational decision making in addition explain why mitigating risk and making better decisions are essential to operational efficiency

Using scholarly material, explain how Enterprise Resource Planning (ERP) Systems mitigate risk and assist in organizational decision making. In addition, explain why mitigating risk and making better decisions are essential to operational efficiency. The paper must following the formatting guidelines in The Publication Manual of the American Psychological Association (2010), (6th ed., 7th printing), and contain a title page, five scholarly references, three to five pages of content, and a reference page.

* https://www.youtube.com/watch?v=7ilJRuAapvA&feature=youtu.be

After watching the video create your own thread discussing at least three concepts presented in or that you learned from the video.