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ERP software implementation is a rigorous process and requires constant monitoring to avoid it from being a disaster.
Enterprise Resource Planning (ERP) software is no less than a boon for any business. It’s because it allows companies of all kinds to conduct business-critical functions ranging from Sales, Marketing, and Finance to managing warehouses, customer relationships, and human resources. So if a business wants to stay relevant, it must have top-notch ERP software to help handle its operations. But there is a catch!Â
ERP software implementation process is rigorous and requires constant monitoring. A single mistake can lead to a significant loss of time, effort, and money.Â
Have you encountered ERP software implementation failures in the past? Would you like to save yourself from a similar experience?
You must spend considerable time selecting the right ERP vendor. There are numerous ERP vendors in the market and you should compare the pros and cons of each of them before taking the final call.Â
Here is a checklist that will help you make the right decision:
a. Check their credibility in the market.
b. Check for how long they have been serving and how much experience they have in implementing ERP systems.
c. See the kind of service they provide. Inspect all the features carefully.
d. Compare the ERP implementation price to see whether you can afford it or not.
e. Ask how much time will they require to conduct the entire ERP implementation process.
Remember that ERP software implementation is not just your vendor’s headache. It’s yours too!
Before the process begins, it’s a good idea to brainstorm what features you need and what you don’t.Â
Here’s a checklist you should keep in mind:
a. Check whether you require an on-premise ERP software or a cloud-enabled ERP system?
b. ERP implementation will require you to suspend business-critical operations for a particular period. Make arrangements for the same.
c. Examine whether you need generic ERP software or industry-specific ERP software?
d. Do you have an in-house IT team or will you depend entirely on the vendor to provide IT support?
One of the biggest reasons for ERP software implementation failure is the unreadiness of the workforce. Your employees are going to feel the heat during the implementation phase. Sometimes they might need to work for longer hours, and sometimes they may not access critical data. Data reveals that 30% of ERP software implementation projects take more time than estimated. Such conditions can demoralize your teams and impact their productivity. It would help if you handhold your team through these tough times and motivate them to perform well.
Besides, you also need to train your workforce on how to handle the ERP software once it’s implemented. Usually, older employees resist the implementation process because they don’t want to learn new technology. You must provide them all the needed support and confidence to pass through this challenging phase with ease.Â
As in all the other fields, it’s critical to monitor what your competitors are doing. The following checklist will keep you updated:
a. Check which ERP vendor is the industry leader collaborating with?
b. Is the industry leader opting for an on-premise, on-cloud, or a hybrid ERP software?
c. How are they upgrading their workforce?
d. How are they managing their customers?
Statistics reveal that 60% of ERP software implementation projects fail to achieve the required goals. It’s because of several factors mentioned above. With the right strategy, vendors, and handholding techniques, you can prevent ERP software implementation disasters and better serve the customers.Â
At Sage Software Solutions (P) Ltd., we are home to world-class ERP software and CRM software that will solidify your business tech support fundamentals and enable you to build a customer-centric organization. To know more about it. You can also write to us at sales@sagesoftware.co.in
Disclaimer: All the information, views, and opinions expressed in this blog are those of the authors and their respective web sources and in no way reflect the principles, views, or objectives of Sage Software Solutions (P) Ltd.