Picking the Right ERP to Stay Competitive

Selecting, purchasing and implementing the right ERP system is a daunting task and is regarded as a high-risk project by majority of enterprises. Here are some top recommendations for aptly selecting and implementing a new ERP solution.

Understand the Business Needs and Involving Key Stakeholders

You must understand the business needs of your organization. Nevertheless, it sounds pretty simple but remains one of the greatest challenge to encompass all possibilities and zero down on one single solution that can meet them all.

Even if you may not have mapped the current business processes, you may not fully understand the end result of what is expected. You would still need to make out what will work and what not and what can be identified as best practices by taking benefits of functionality and workflow offered by a new ERP system.

Equally vital is involving consultants and leadership early in this process to organize expectations and receive the best possible results.

Selecting the Perfect Technology

There is great range of ERP solutions that are available now-a-days, from monolithic ERP solutions to industry based solutions.

Zeroing in to the best solution isn’t just about cost. The most important aspects involve variety of parameters, including:
  • depth of functionality 
  • industry-driven features 
  • scalability of the solution 
  • ease of support 
  • flexible enough to adapt to the changing business model 
  • right integration with current and future systems 
  • cloud versus on-premise analytics tools and reporting system 

Industry driven solutions provide in-depth functionality fused with the technology, scalability and core benefit of out-of-the-box apps, without any risk of typical customized legacy systems.

Future-proof Decision

Deciding the right ERP cannot be a quick and impulsive decision. It requires comprehensive planning and attention to detail. Hence it is imperative to choose a solution that sync most perfectly with current and future requirements of your business.

Right Strategic Partner

The best way to search for the right ERP partner is to spend time in understanding your business objectives and strategies.

The most vital key attributes to consider when selecting an ERP implementation partner include rich experience, knowledge, attitude and work ethics, communication skills, and self awareness!

Post-implementation Support

Implementing an ERP solution is a long-term investment that needs continued support from your strategic partner.

Just ensure your internal team gets the right training and briefing to develop the skills they need to leverage the implemented solution by the end of the implementation process.

Synopsis


Involvement of entire team with the new ERP system is the key to the success of the project and its acceptance into business processes. Just don’t forget to follow the guidelines stated above to win the competitive edge if you plan to implement ERP solution into your business.

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