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ERP Software And How To Choose The Right One For Your Business
When it comes to the Enterprise Resource Planning (ERP) software in the market today, there are several options to choose from. The overwhelming task can often lead to the misconception that any ERP software can work. However, each business has its method of running and not all software fit the needs of all organizations. ERP failures in the past are evidence that businesses should form a proper plan to decide which software fits their need.
Hence, we need to talk about how to shortlist the right kind of ERP software for your business needs. Let’s review the steps involved:
Step 1: Review and Analyze Your Business
ERP is a business software and hence it would be better if you define and document your business before setting out for software. Analyze your business process, where do you want your business to go, and what are your business requirements. This analysis should be used to determine which software developers and vendors are there in the market.
Step 2: ERP Software Should Be Technically Fit
Although you are running a business rather than a technology initiative, it is still important that the ERP software is technically compatible. This means that it aligns with how you run your online business infrastructure. For instance, if you are using Microsoft products, it is much better if you use a product that runs on a .NET platform.
Step 3: Take Full Ownership of ERP
Finding the right software does not guarantee the right kind of salespeople to buy it from. Oftentimes the vendors will tend to whitewash the risks involved and complete cost of installation. If you have already committed to getting an ERP software for your business, we suggest that you take full control of the cost involved. Ask about the total cost, what the installation procedure is, and what the risks are. Be clear about everything from your end before you head down this path.
Step 4: Be Pragmatic!
If you are going to go for an ERP software then make sure that you have taken care of implementation plan and resources. It is important to take a look at the installation procedure, but it is equally important to consider resource commitments from your end as well. Form a complete project plan that includes everything from installation activities to data migration, to complete test iterations and entire workflow design.
Step 5: Keep an Eye on What You Did
Let’s face it, if you don’t know how your decision is affecting your business, you will never figure out if it was worth it. Chances are that the ERP software reduced your business running cost, increased revenue and provided a growth scale. How much? That’s what you have to find out.
Step 6: No Need for Loyalty
This might sound a little rough but you have to keep your options open in terms of ERP software. Some companies choose ERP platforms based on their clients, popularity, and brand name. Keep in mind that the first reason you are even going for such a platform is for your business requirements. Therefore, ask yourself if the software company caters to your business needs and gives you what you want.
If you adhere to these steps, it is most likely that you will find an Enterprise software that fits your business idea and needs. Choosing ERP doesn’t have to be a nightmare, you can do things that can reduce the burden.