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( votes)Growing businesses often face the decision of whether to upgrade to a more sophisticated ERP system. This decision can be daunting, as there are many factors to consider, such as the cost of the system, the features it offers, and the impact it will have on the business when selecting the right ERP system.
Here are seven insights to help guide you through the ERP decision process and choose the right ERP system for your firm:
- Start by understanding your needs. What are the pain points in your current system? What do you hope to achieve by upgrading
- Do your research. There are many different ERP systems available, so it’s important to compare features and pricing.
- Talk to other businesses. Get feedback from businesses that have already implemented ERP.
- Consider your budget. ERP systems can be expensive, so it’s important to factor in the cost of implementation and maintenance. ***If the pricing seems too good to be true, it is. And if it feels like they’re pressuring you, they are. Dramatic discounts can draw you in (it’s a widely used and successful tactic of ERP vendors), but when that short-term discounted contract ends, pricing can jump by as much as 70%.
- Think about the future. Choose a system that can grow with your business. New features shouldn’t require jumping through new hoops. The cloud can bring you faster, easier, more affordable access to the latest technologies, but that’s not the case with every cloud solution. Updates should happen seamlessly without disrupting your business.
- Get buy-in from all stakeholders. Make sure everyone in the business is on board with the decision to upgrade.
- Plan for implementation. ERP implementations can be complex, so it’s important to have a plan in place. Ask what implementation will look like and if you’ll be forced to go through it alone. Some vendors want to put numbers in front of you, get your signature, and leave without fully understanding what you need. Make sure you’re getting a partner, not just a proposal.
Following these insights can help you make the best decision for your business. Remember, ERP is a long-term investment, so it’s important to choose a system that will meet your needs for years to come.
Want to read further into the ‘7 secrets to selecting ERP?’. Continue reading 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. With more than 500 customers, Navigator has a proven track record of on-time, and on-budget, implementations. Want to learn more visit www.nbs-us.com, call (801)642-0123, or email us at info@nbs-us.com.
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