Selecting an enterprise resource planning (ERP) software for your business is one amongst the foremost critical decisions you may ever make your organization. However, choosing the proper software for your business isn’t an easy task. Not only is ERP software cost-intensive to deploy, but it also requires considerable time and resources on your behalf to induce going.
As competition for ERP business has grown in recent years, vendors have increasingly begun to return up with dazzling promises like “use our ERP software and your business will instantly turn profits.” Often times, these promises prove to be hollow because these vendors have neither the expertise nor the know-how to make and maintain a viable long-term roadmap.
Using our extensive expertise of successful ERP implementations, we’ve come up with this list of tips for ERP selection and implementation.
1) Evaluating ERP Options
It’s important to start with the assessment of needs that your company has. In 2020, the one thing you can’t complain about is lack of choices. There’s an abundance of software options available for you to the extent where you may be spoiled for choices. Each software comes with its own set of features and specializations and every software can serve a specific purpose. Creating a transparent and extensive list of your requirements before you begin trying to find your software may be a good start. you wish to require the time to appear at and evaluate each option and choose one that matches your particular needs.
2) Planning for Mobile
If your organization hasn’t yet implemented BYOD at your offices, likelihood is you’ll need to soon. New age employees and Millennials are more demanding of the flexibleness at their workplace than ever before. But implementing BYOD comes with its own set of challenges. you may select an ERP software that’s not only mobile-ready but also has robust safety features to make sure all of your sensitive data is encrypted and secure.
3) Local, Cloud, or Hybrid
Another important aspect to contemplate before choosing your software is deciding what platform you wish. you’ll be able to make a choice from on-premise, cloud, or hybrid models. Each has their own advantages and drawbacks. for instance, local installations usually require a high upfront investment. On the opposite hand, cloud systems need careful integration evaluation and compatibility testing before data migration. While hybrid systems with careful customizations can provide you with a practical solution.
4) Customization and Integration
Whatever your industry or business, likelihood is that your needs and requirements don’t stay identical year-over-year. As such, you wish software that may adapt and go with your dynamic needs while still providing value. Having customization and integration capabilities in your software is pivotal for achieving that. it is also important to know the difference between “configuration” and “customization” of your ERP software. The configuration is typically easy to try and do and may be done by clicking on options available within your enterprise software. Whereas, customization refers to the changing of the particular code of the software to fit your needs; which usually takes longer and is more cost-intensive.
5) Choosing the right Implementation Partner
Sometimes, just buying the license for your software isn’t enough. Many companies, especially small and medium-sized enterprises, often lack the requisite knowledge, resources, time, and expertise to make sure a smooth rollout. Managed service providers can step in here and lend help. they will provide you with a talented resource set with the proper expertise to smoothen your transition.