Companies without a risk management strategy are vulnerable to disaster, where problems that were foreseeable deal a blow to profitability and even the organization’s existence.…
The stark reality is that selecting the right ERP system for an organization is not enough. Most projects get derailed not by the wrong software, but because implementation bogs down and fails to deliver on the promises and capabilities of the ERP solution. How does an organization get from here to there, whether that be from current workstreams to streamlined processes or from disparate software systems to a unified ERP solution? Change management. Every IT and business process improvement initiative should have a change management strategy to dramatically increase the likelihood of success.
Make no mistake, Microsoft Dynamics 365 is a powerful business platform that has the potential to give a company the competitive edge it needs in an increasingly demanding marketspace. In making the most of Dynamics 365, an organization can turn to an approved business partner who provides all of the Dynamics 365 platform capabilities including traditional ERP, CRM, BI, IoT and more. Finding the right partner can make the difference between an adequate Dynamics 365 implementation and one that boosts profitability and customer satisfaction both now and in the future.
Whether it’s an organization that was built through acquisition or one that expanded rapidly into new markets, a business with multiple divisions is ripe for improvements that come by unifying operations under a single ERP solution with the power and flexibility to streamline processes and improve profitability.
Even the most sophisticated ERP system that automates much of the supply chain requires employee interaction with the software. Forgetting this fact can cost a company. What is designed as a streamlined workstream can bog down when a user is uncomfortable or inefficient at using the software. It is imperative that the process of implementing a new ERP system include end user training. Employees are naturally resistant to change, and awkwardness with new software tools can increase that resistance. Fortunately, end user training can alleviate these problems. There are three options for addressing this need for training: in-house training, outsourcing, and a hybrid of the two.
A fit-gap analysis is a vital part of selecting and successfully implementing an ERP software solution. Without knowing where the software complements existing processes and, even more importantly, where there are gaps between requirements and functionality, the risk of a failed ERP implementation rises dramatically. Organizations can take different approaches to a fit-gap analysis, including brainstorming, questionnaire-based inquiry, and simulation.
With technology and the right processes, the flow of information and transactions in a supply chain reach further and further upstream and downstream. If they don’t know it already, customers, vendors and suppliers will soon be demanding more because they can see the benefits of working with an organization that can quickly respond to their particular needs. They are demanding a real-time supply chain.
Upgrading to a new version of ERP software is no small task. In fact, many of the challenges facing an upgrade are the same challenges an organization faces when implementing a new an ERP system. Given the magnitude of these challenges, an organization should, in some ways, take the same measures that it would take when first selecting and implementing ERP software. Here are some things to keep in mind.
Government regulations are becoming more prevalent and we can only expect this trend to continue. Just because they donâ€™t touch your business today doesnâ€™t mean they wonâ€™t in the near future. Compliance isnâ€™t just for the finance folks anymore. Which is why itâ€™s important to consider compliance issues while selecting an ERP software solution.
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 isnâ€™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.