This case study report examines the strategic information system needs of Gracious Industries, a private limited company facing market competition and financial challenges. The report focuses on the company's need for Enterprise Resource Planning (ERP) software to streamline its operations, improve efficiency, and mitigate risks. It analyzes the company's key business processes, identifies associated control risks, and outlines system requirements to achieve business goals. The report then explores various ERP software vendors, comparing their features and functionalities to recommend the most suitable vendor for Gracious Industries. The report also discusses strategies for successful ERP implementation, including risk minimization and achieving business objectives. The assignment aims to provide a comprehensive analysis of the company's situation and recommend a suitable ERP solution to enhance its business performance.