Ultimate Guide To Understand ERP Implementation Best PracticesIn today’s competitive business ecosystem, organizations look for Enterprise Resource Planning (ERP) Software implementation to track key performance metrics like disruptions in operations, impact on productivity, etc. However, ERP implementation is not only a costly preposition but also a time-consuming initiative. The implementation of ERP promises efficient chain management, cost reduction and increased flexibility. However, in most of the cases, the results often fall short of these promises due to an unsuccessful ERP implementation. Furthermore, latest statistics suggests that 54% of ERP software implementations take more time and 56% of those exceed budgeted costs. By adopting best ERP implementation strategies, organizations can easily avoid delays and costly setbacks. Through our blog “Ultimate guide to understand ERP Implementation Best Practices”, we are providing tips and tricks that can help in optimizing implementation.
Understand your key requirements – If you’re looking for bringing in the ERP, then it is recommended that you should gain comprehensive understanding of your business processes. Though, as an industry expert, you must have the knowledge of that but you need to be very specific about the pain points of your business. It would be great, if you properly document these and prioritize all the things. Put your urgent needs on the top of the priority list, followed by long term strategic business goals. By defining aims and objects, you can easily get clear idea about what you exactly want to achieve.
Assessing the team and Company Resources – Digital transformation journey is not a cakewalk. It takes few months to years in ERP implementation. There are two types of options for you. One is to use your in-house team for implementation or you can hire off-shore implementation partner. So, before initiating implementation process, you need to evaluate your in-house resources. Furthermore, you need to get answers for given below questions.
Do you have a qualified subject matter expert who can relate ERP with business processes?
Whether you have qualified team comprising developers, testers and consultants?
Whether your team has a strategy for dealing with data migration?
Whether your in-house team can seamlessly integrate existing systems with new ERP?
Is the team open-minded about changes to business processes?
If you have such IT capabilities then you can trust your in-house team. Otherwise, you need to find a reliable Off-shore ERP implementation partner who can help your transition journey. Outsourcing is not just about cost saving, it is also getting the job done in timely manner.
Note implementation project timelines
Whether you’re using your in-house implementation team or off-shore development team, you need to set timelines in order to keep project on track. With this, you can easily track your progress and adjust accordingly. By defining timelines, you can also evaluate the success or failure.
Evaluate on-premises vs. cloud-based ERP
There are basically two types of deployment options available i) On-premise ii) Cloud-based
Based on your unique business requirements, you need to select the deployment option. FYI, on-premise ERP solutions require huge investment for setting up servers, hardware, software, network, & IT maintenance team alongside infrastructure. This is, in fact, a costly affair and recommended for organizations that are compliant to save data in their data centers only. If you have tight budget, then cloud-based, SaaS ERP is recommended for you. This involves less upfront cost as you don’t need to invest in servers, storage, etc. Furthermore, cloud ERP offers scalability as you can easily scale up the usage without investing in the hardware.
Consider creating testing scenarios
Ignoring the scope of project and functionality can lead to ERP failure. If you need successful ERP implementation, then testing at every aspect of the ERP solution is recommended before making it live. By defining testing scenarios, you can easily track whether you’re on the right track or not. It would be good to spend time in testing rather going live with a mediocre application.
The key to success lies in defining the goals, objectives and understanding the business processes. A journey for successful ERP implementation process includes information, education and documentation. Many organizations fail in implementation as they don’t have skilled teams and consultants. So, it is recommended that you should go ahead with industry experience players who can use proven methodologies and best practice knowledge to ensure successful implementation. It is also recommended that you should also keep your future requirements in mind while selecting ERP solution. Successful realization can only be achieved if you involve business analytics, process excellence, and machine learning along with other proven methodologies.
How can we help you?
As a leading custom software development company, we can help you with evaluation, licensing, implementation, customization, integration, data migration and support. Backed by the team of highly experienced consultants, developers, testers and account managers, we can pave way for your successful digital transformation. You can feel free to share your unique business requirements to our subject matter expert for evaluation. Hire us as we follow ERP Implementation Best Practices.
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