Whenever a stakeholder thinks of making an investment, especially when the business is growing, he thinks of investing in something that serves the purpose and is still low-priced. Same happens when a business thinks of investing in an ERP software. But, he fails to understand the long term effect of it. Not just this, he may even forget to consider some of the most important factors that he should keep in mind while buying an ERP software.
In this blog, we tell you how you should select an ERP system or software. Take a look.
Seek support of upper management-
Most of the companies struggle a lot with ERP not because they wanted low cost ERP but primarily because they have not involved upper management. The lower level resources tend to be involved more in the implementation and forget about the configuration details. With the support of management, they can know what is causing the delays.
Make a list of requirements-
Prior to the time when you start looking out for vendors, you should actually try to decipher what all features you really need in an ERP software. Finding a low cost ERP should be a secondary thing at this time. You should think about your business specific requirements. A little research after that will also help you in understanding the real cost of it all. An industry-specific ERP, for instance, ERP for textile, chemicals, winery, lighting, paint, etc cannot work in place of each other but can work wonders when used accordingly. Even your project budget will derail as without thinking about it you can end up investing money even in the things that you don’t need.
Make sure it is mobile compatible-
Using an ERP software that is mobile compatible is not a choice anymore; it has become a necessity. So, don’t look for a low cost ERP that isn’t mobile compatible. This will enable the users to stay productive even from their tablets, mobiles and laptops.
Evaluate the options you have-
Badly defined and not so well run ERP software can lead to bad implementation. Moreover, unclear requirements and priorities can seal the deal with wrong vendor. Furthermore, lack or no involvement of stakeholders can lead to not so good user adoption and acceptance. Hence, it is always a good idea to choose a software after putting thought to every proposal or solution you have from different vendors.
Look for references-
Ask the vendors you liked to share some references. If the vendor is not able to provide even 3 names of happy clients, then you should get the cue. Also, it would always be a better idea to choose a vendor that can give you references of clients related to your industry itself.
Apart from the aforementioned points, you should also think if you really need customization and give employee proper time to get trained to use the ERP software. Also, never aim for a low cost ERP software even when it is low on features. So, make the smart choice by choosing the an ERP software that is reasonably prices and still loaded with features.