Tuesday, 6 October 2015

Key success factors for ERP Implementation





Times have changed where companies used to build their own customized IT systems as the scope was too less and now that the technology has advanced so much and there is competition almost everywhere and even in terms of the right ERP product, it’s the most important decision any organization has to align with its current business requirements and understand how can IT in their business change their future and what does it take to do so.
 
ERP implementation needs a strong and a long-term Business Vision and needs to happen with scheduled timelines along with an assurance that the ERP providers would give continuous support. There are 2 choices that can be chosen when it comes to selecting the right ERP for any business. The organizations have to either choose from a legacy traditional ERP which serves the purpose and is designed for few domains & industries or select an ERP that is fully open for customization and complements the money spent wisely.

No matter what kind of ERP is being selected, there are few strategic factors like: Long term Business vision, ERP strategy for both before and after implementation and continuous support from the top management along with few calculated factors like: Proper communication channels, Support & trouble-shooting, client consultation & acceptance, monitoring & feedback.

ERP solutions is generally a vast subject and any organization can’t limit itself with a set of requirements as they keep growing in number. Almost any kind of customization & integration is possible with some ERP tools and that gives the users an opportunity to explore all the aspects of the business in terms of IT to the maximum extent possible and streamline the entire business process.

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