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Evaluating an ERP Solution: Your Business Processes

All too often, an enterprise resource planning solution is purchased and the business adapts its processes to work within its boundaries. This could very well be one of the main reasons why, according to Gartner, between 55 and 74 percent of ERP implementations fail.

Rather than purchasing a tool that isn’t right for your business needs, and conforming to it; shouldn’t you be looking for a vendor that offers a solution that you can configure to meet your needs? Of course, but that means that you need to first understand your own business processes and how your ERP solution will interact with them.

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5 Benefits to Cloud Based ERP Solutions

There was a time when businesses avoided cloud-based solutions at all costs.

Over time, however, people began to realize that moving data and applications to a reputable cloud vendor wouldn’t trigger a series of catastrophic events that they once feared. Once early adopters reported how satisfied they were with their decision to utilize the cloud, other businesses began to take notice and it became a serious option for most technical solutions. Nowadays, statistics show that of the 87 percent of small to medium sized businesses who have adopted cloud-based services, 43 percent wish that they had made the move sooner.

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Signs It Is Time For a New ERP Solution

According to a Panorama ERP study, 61.1 percent of all ERP implementations take longer than expected and 74.1 percent exceed their allotted budget. When you look at numbers like these the thought of updating your existing ERP solution is almost frightening. However, when we snap back into reality we realize that at some point in time every enterprise grade application is going to come to an end of its lifecycle; and your ERP solution is no different.

The question becomes, when do we know when it is time to upgrade our existing software and take on the project of implementing something new?

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Beyond Size and Sector

There are actually websites out there that recommend ERP software based on some very basic information about a company. Enter your sector and organization size, and ‘poof,’ the right software offerings magically appear. Are they serious?

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Data Migration: Know Your Route Before You Fly

There’s so much to consider when implementing a new ERP system that data migration sometimes gets pushed aside as an afterthought to be dealt with when the implementation gets underway. Big mistake. An organization’s ERP system is only as effective as the data that drives it. That’s the power of ERP, isn’t it? Data shared throughout the enterprise making connections, improving efficiency, etc. There are several benefits of giving data its fair share of attention when preparing for implementation.

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Keys To Employee Adoption

The best ERP software in the world doesn’t operate by itself. Rather, the value of a software solution depends directly upon how well a company’s employees use the system to efficient and effectively accomplish their jobs. Therefore, the success of a company’s implementation of a new ERP solution depends directly upon how earnestly its employees adopt the system. Here are some ways to ensure that employees embrace the change that comes from moving to a new ERP implementation.

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Maximize ROI With An End-To-End Consultant

Selecting and implementing a new ERP system is a major investment for organizations big and small. Software vendors all pitch their product as the best way for a business to become more profitable. But in the end, it isn’t the shiniest bells and whistles that are important, but rather the solution that provides the best return on the significant investment put forth in implementing an ERP system. To accomplish that goal, a business should go with an ERP consultant who offers end-to-end services that reach beyond simply choosing a software package.

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Finding an ERP Consultant Who Provides Global Support Services

Selecting and implementing an ERP system is no small task. While some companies attempt to successfully implement an ERP solution relying solely on its internal resources, many turn to qualified ERP consultants who have proven their ability to maximize return on investment and give companies a competitive edge. When choosing a consultant, the focus tends to be on the immediate selection and implementation process, but a company should also consider a consultant’s ability to continue to add value down the road through global support services.

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Anytime is the Right Time for Fit-Gap Analysis

A fit-gap analysis allows an organization to assess how current business processes and workstreams are meeting its business requirements. A fit-gap analysis during the selection phase of a new ERP solution allows an organization to discover which processes are lacking in the current system, but also sheds light on potential gaps between current processes that are working and the proposed software package. As such, a fit-gap analysis is widely recognized as a crucial stage in selecting and successfully implementing a new ERP system.

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Making The Most Of An Evaluation Period

Selecting the right ERP software solution is crucial to the success and productivity of a business. Often times a search for the right ERP package involves an evaluation period during which various vendors are invited to present how their software offering best fits a business and will accomplish a great return on investment. While the end goal, of course, is to purchase and implement the best software solution, the evaluation period can bring additional benefits to a business along the way.

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