For many businesses, implementing ERP software is no longer a question of ‘how would it help our business’, but is rather a necessity for staying competitive in your industry.
With all the competitive pressures and new IT capabilities make ERP systems an essential business management tool for a variety of businesses.
The process of installing an implementing and ERP system involves installing the software, moving your data over to the new system, configuring your users and processes, and training your users on the software- this is why choosing the right partner for implementing your ERP system is just as important as selecting the right software in the first place.
Businesses can implement ERP software in industries such as retail, manufacturing, health, not-for-profit, agriculture, and many more, assisting with increasing the speed and efficiency of communication within the various departments.
ERP systems, if implemented successfully, can bestow impressive strategic, operational and information-related benefits to business of all sizes.
ERP systems have a vast scope and prevents companies from installing implementing a variety of software that fails to integrate well together, and offers a catalogue of modules within the sole system for businesses to customize to suit their individual needs.
To truly understand the value of an ERP system, it is important to understand not only what an ERP system does, but to ask the right questions to know what ERP system is best for your company, and if you are ready for an implementation.
Is the ERP system cost effective?
The cost of an ERP software is a very crucial element in choosing an ERP application for the business. Sometimes it can be a deal breaker because if you are unsure about the return on investment it will provide. If you are considering implementing an ERP system into your business, be sure to do your research about what costs are involved. For example:
- What are the initial set up costs?
- What are the subscription/ongoing costs of maintaining the system?
- Do you require to purchase any licenses?
- Will you have your ERP system on-premise or will it be cloud-based, and what are the costs required?
- Do you require all aspects of the ERP system, or do you only need some of the main modules provided?
Is the software Customisable?
ERP software is implemented to increase the efficiency and make your business operations more effective. Having the option to customise your ERP system to suit your business needs will allow for the system to be optimized to your business, rather than changing your business to change suit the system.
How much training is required with implementing an ERP software?
The implementation of an ERP system into your business is quite a significant change into your business practices, and will require staff at all levels to partake in training to get the most out of the ERP capabilities. Having a new ERP system can be daunting for some people, and some staff may require more training than others, so it is crucial to take constant feedback during this phase to prevent things from snowballing.
Does ERP software implementation require technical support?
Whether you are hosting your ERP system on premise, or on the cloud, it is important that you have technical support available to you when you need it. When deciding upon an ERP system, considering a local dealer who can assist you with any concerns or problems that may occur is a valuable commodity to your business and ERP implementation.
Just because one type of ERP system works wonders for a business, doesn’t necessarily mean that it’s the best solution for you. Be sure to do your research and consider all the options that are available, and how they can benefit your business.