Why it matters when you are writing
The protocol is what makes it systematic, and it is written before the searching starts. It fixes the question, the databases, the search strings, the inclusion and exclusion criteria, the screening procedure, and the appraisal instrument. Registering it — PROSPERO in health research, or an open repository elsewhere — creates a public record that the criteria were not adjusted once results started appearing.
Reporting follows a standard. PRISMA asks for a flow diagram accounting for every record: identified, screened, excluded with reasons, included. Journals in health and increasingly in social science will return a manuscript without one. The diagram is tedious to assemble and it is also the part a skeptical reader checks first, because it shows what you threw away.
The honest limitation is time and staffing. A full systematic review typically involves two independent screeners, a conflict-resolution step, and months of work — which is why solo doctoral students are often better served by a well-executed scoping review or a rigorous narrative review, clearly labeled as such. Calling a narrative review “systematic” because you searched several databases is a claim reviewers check.