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( votes)Selecting the appropriate cloud ERP solution for your company is a critical decision that requires careful consideration, especially when there are many options available.
Picking the suitable cloud ERP solution for your business holds significant importance. Numerous factors necessitate evaluation, including your specific business requirements, financial constraints, timeline, and industry specifications.
Watch this 2-minute video to understand ‘Why Cloud ERP?’
Here are some factors to consider when choosing a Cloud ERP solution:
- Evaluate the current state of your business. What are your primary business objectives, pain points, and status of your existing systems and processes? This understanding will help you narrow down the options available to you.
- What is your budget? Cloud ERP solutions vary in cost, ranging from a few hundred dollars to tens of thousands of dollars per year. Setting a budget beforehand will prevent overspending during the selection process. But, please note, when evaluating solutions are you looking at price or value?
- Does the solution and delivering partner specialize in your industry? Certain cloud ERP solutions cater to specific industries, such as manufacturing, life sciences, or products. If you operate in a regulated sector, it is crucial to ensure that the chosen solution complies with all relevant compliance requirements.
- Research, research, research. Read reviews, compare features, and seek insights from other businesses already utilizing cloud ERP solutions. Extensive research equips you with the necessary knowledge to make an informed decision.
- The importance of demos. Let’s face it, no one likes to sit through a demo. However, once you have narrowed down your options, request demonstrations from your top contenders. This allows you and your team to witness the solutions in action and ask any relevant questions, as well as evaluate the potential implementation and supporting partner. Seeing truly is believing!
Choosing the right cloud ERP solution is a vital decision, but it does not need to be overwhelming. By keeping these guidelines in mind while conducting your search, you can discover the solution and partner that perfectly aligns with your business requirements.
Have questions? Navigator is here to help you along your Cloud ERP journey. Visit our website and learn more here.
Who is Navigator Business Solutions?
Organizations come to Navigator Business Solutions when they find their ability to grow and or adapt is being limited by their current business processes and systems. All have outgrown their current business systems, some systems are just underpowered, unable to support the company’s growth, some struggle with a group of disconnected systems, and yet others simply are outdated systems that are taking valuable time and resources to hold together.
As an SAP Gold Partner, Navigator focuses on helping growing SMB companies deploy cost-effective, cloud-based ERP solutions based on the market-leading SAP Business One, SAP Business ByDesign, and SAP S/4 HANA Cloud, Public Edition solutions.
The post How do I choose the right cloud ERP solution for my business? appeared first on ERP Cloud Blog.
