Implementing any of the multiple ERP packages available on the market is a big step toward optimizing the operations of your company. It can also be an expensive step, so it is important to carefully evaluate available ERP packages in order to maximize your return on investment (ROI). The selection process can be quite detailed and time consuming when done correctly but this is the only way to ensure that the software you choose will perform for your business in the way you need it. Choosing from among the available ERP packages can be tedious, but you can take many of the headaches out of the process by following a few simple steps.
Defining the Scope of your Selection
Are you willing to replace your current hardware platform if it is necessary to fit your choice from ERP packages? If you are determined to stick with your current hardware and database platform, you will likely be limiting your choices of ERP packages. Although, if your hardware is outdated, you may be interested in upgrading, especially if it will provide you with the capability to use your favorite from among ERP packages. You should consider your finances and other resources when making this decision. Will you need to hire additional IT experts?
You should also decide who will make the decision to purchase a specific erp solution and what criteria the decision will be based on. Many companies appoint a committee to take care of the decision making process. A final consideration is what role each employee will take in the implementation and what is the expected date of the implementation.
Map and document your requirements
The ERP packages selection committee should compile a list of the inputs, outputs, and workflows of all major business processes. The list should include the data as it exists as well as the goal levels for each section. This will be a long document as it contains all of the details of the business as it stands as well as the goals for the ERP packages. This list will be a valuable tool for vendors who make the cut to short list later on. As such, the list should also contain a ‘wish list’ of ERP modules, functionality, process that you wish to keep, needed improvements, and corporate direction.
Develop a list of potential ERP packages vendors
Consult friends, the Internet, trade magazines, ads, industry experts, and any other resource at your disposal to compile a long list of potential ERP packages vendors that can meet your specific needs. Visit the vendors’ websites for information and request additional information and quotes on ERP packages that will meet your criteria. Meet with a representative in person or speak by phone to get more information about the company, its financial viability, its ability to meet your needs, and any referrals. Discuss support options and other important factors influencing your decision.
You should now have the necessary information to narrow the ERP packages vendors list down to three or four frontrunners. Send each your compiled requirements documents and request a detailed proposal, price, and product demonstration. At this stage, it is important to have a representative from each vendor to meet personally with your key employees. This will give them a more in-depth understanding of your business, which will allow them to make a more accurate proposal. Following these steps will aid you tremendously in determining the best of the ERP Packages for your business.
Click Here to Download!
loading...
Recommended Reading
- ERP Selection
- Which ERP is the Best?
- How ERP Solutions save time and money
- Reviewing ERP Modules during an ERP selection process
- ERP Software: Know before you buy
- Which ERP Vendors are Right for You?
- How to Evaluate ERP Systems without Headaches
- Finding ERP Products that will lead to your Success
- ERP Selection Methodology Success
- ERP Comparison Tips For Finding Your Ideal System
- Discover the Top 10 ERP Software Solutions
- ERP Software Buyers Guide
