ERP Software Selection-How to Select ERP


Posted December 8, 2020 by lingueerp

Enterprise resource planning software is a suite of integrated applications designed to automate and streamline business processes, such as finance, human resources, sales, and manufacturing.

 
Enterprise resource planning software is a suite of integrated applications designed to automate and streamline business processes, such as finance, human resources, sales, and manufacturing. It is not easy to select the right ERP tool. It's an expensive and time-consuming task. Every company requires different ERP systems depending on its size and industry. A perfectly designed ERP not only reduces the additional costs but also improve productivity.

If you want to know what an ERP selection process looks like, read this blog where we have breakdown the complex process for your understanding.

Planning phase: Firstly, you will need to carry out a Business Process Review (BPR) and Needs Assessment/Analysis (NAA). This can be either done internally or externally, but the person or firm must have extensive knowledge of EPR. In this phase, you will acquire knowledge about your business requirements.

Involve upper management: It's not necessary to inform the upper management level about every single configuration detail, but they should at least know the problems that are causing delays to the project.

Customer Reviews/ References: Don't forget to check the customer reviews. Moreover, ask the vendors for at least three customer references as this will not only ensure that the customers purchased the product but will also help you understand the suitability of ERP for your company.

Compare vendors: Ensure that the vendor meets all of the following criteria:

The vendor's product works with your current legacy systems

The experience of vendor in your industry

The vendor understands of your business

Send RFP or RFI to shortlisted vendors: The purpose of Request for Proposal and Request for Information is to get detailed pricing information.

Thoroughly evaluate the shortlisted vendors: This is the most crucial stage of the process. Well-defined and suitable evaluation projects can lead to perfect implementations. Set your priorities right and select the right vendor.

Schedule a demo with ERP Vendors and make a final decision: Scheduling a demo will help build your trust in the vendor as these demos will give an in depth understanding of ERP. Finalize who fulfills the highest number of requirements.

So, we hope this blog has helped you understand this whole ERP selection process. Congratulate yourself on this achievement

Source: https://www.prlog.org/12849714-erp-software-selection-how-to-select-erp.html
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Issued By Linguee
Country India
Categories Web Hosting
Tags enterprise resource planning software , erp software , human resources
Last Updated December 8, 2020