Take care before choosing Best ERP for your organization
In the world of wonderful business growth, Indian business channels are facing so many problems. A business house can face problems
regarding manufacturing, supply, finance, customer relationship, human resources or decision-making. On the other hand, these
companies are formulating new solutions to various business problems. ERP (Enterprise Resource Planning) is a key to many business
problems.
Two noteworthy elements of ERP system are
· Common database and
· Modular software design
The implementation of ERP can change the way the business is viewed. An efficient ERP platform would enable anyone to get overall
picture of business by just clicking one button without having to go through complex exercise of collecting and analyzing data from various
sub systems and then making it compatible for study.
Sometimes going for a new ERP can be a wise decision as a new ERP can boost up scale of business growth by reducing costs in effective
way. You have so many ERP software options in the market, one have to be very choosy regarding the acceptable ERP. A business house
should make a proper strategy before going for any appropriate ERP. A business house must be able to pin point problem generating
modules as well as strength points.
The second step after analyzing weak points and strength point is evaluation of the technically best-fit ERP. This can be done with the help of
the market review. The evaluation study includes cost and risks study analysis. Correct cost estimation embraces implementation charges,
hardware up gradation, and maintenance. After the cost estimation, develop a realistic and the best-suited CRM is implemented.
Implementation can be done partially or it can be a total transform of the old system to the new CRM.
A university in the Southwestern U.S. is one of best learning institutions that have taken advantage of ERP offerings from IBM by putting ERP
in practice.
The university wanted to replace their old administrative operations system, and add a Web-based interface. Their new ERP system would
have to have the capacity to handle student administration, expansion, funding and payroll, all as quickly and efficiently as possible and they
selected PeopleSoft for Higher Education software to run on IBM servers, IBM Global Services was brought in to implement software
modules and incorporate them with their existing software. As a result, the new system removes the difficulties of the older system and
increase efficiency and performance.
There is one more example of such implementation is Icreon, an Offshore Outsourcing Software Development Company in India offers two
ERP solutions to organizations across domains: Microsoft Dynamics NAV – a business management solution that integrates all facets of a
business – Planning, Finance, Materials, Sales, Marketing, Manufacturing, Human Resources etc. and SAP Business One Solutions – an
integrated and affordable business management solution that is specifically designed for small and midsize businesses.
In the crux, I can sum up my article by giving these following tips that should be taken care, while choosing a suitable ERP solution for your
organization:
1. First , know what you really need in ERP software.
2. Choose the most qualified ERP software vendor.
3. Recognize the uniqueness of your business.
4. Give attention to ERP software implementation.
5. Invest in ERP software for the long-term
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