You know about the challenges and risk of ERP implementation, the success stories, the failures, the advancements and a variety of other pros and cons. However, there are a handful of things you may not know about ERP software. Here are some facts about the ERP solution.
ERP Systems Don’t Need to be Unpredictable
Our 2016 ERP Report shows that most ERP implementations cost more than expected, take longer than anticipated and fail to deliver expected business benefits. However, some enterprise software initiatives turn out better than expected
There are plenty of ERP Software Options Available in the Market
The recent Clash of the Titans report shows, the top tier of ERP systems has progress not only SAP and Oracle, but also Microsoft Dynamics. This suggests that more systems are capable of handling the size and complexity of everything from small, single-location organizations to large, multi-national organizations.
ERP Implementations don’t need to be as difficult as you make them
Most ERP failures are self-imposed. Too many project teams and ERP consultants overlook important details, focus too much on software configuration, don’t spend enough time on business process reengineering and make a variety of other mistakes that are avoided with experience. Things like a proven methodology, toolset and experience base can all make your ERP implementation easier.
ERP Failures Rarely Have Anything to do with the Actual Software
When projects do fail, causes of failure rarely have anything to do with the software, the way it is configured or defects in the system. Instead, projects typically struggle due to lack of organizational change management, too little focus on business process and other mistakes. So, instead of emphasizing a project team’s technical or functional experience with a system, it is more important to choose your project and consulting teams based on business, organizational change and project management.
There are Strategies that can make your ERP implementation successful
ERP success and failure is not left to chance. Instead, successful organizations understand important concepts, such as understanding short-term versus long-term costs. The organization also develops realistic plans and budgets, and aligning their ERP initiatives with their overarching enterprise and IT strategies. 81 percent of organizations are either in the process of implementing ERP solution software. 14 percent of organizations are in the process of selecting software while 5 percent are in the process of upgrading software. Now, it’s time to apply these strategies, and make your ERP software to initiate success.