Enterprise Resource Planning, or ERP, software provides businesses with one location to store, manage and utilize data that is critical to the operation of the organization. You can use your ERP software to analyze that data to plan for increased growth and success.
Learn more about how ERP software can help your business maintain and improve its competitive edge.
There are several things to consider before getting started with an ERP project. In this guide, we’ll present necessary steps to take as you start down the ERP path. You'll learn:
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An ERP system is a business management software that enables organizations to use one system to manage business processes. Companies that use multiple systems to manage their processes can experience inaccurate data reporting, downtime and poor inventory management and planning. An ERP system can resolve these issues with:
So, is it time for your business to implement an ERP system? Ask yourself a few questions. How accurate is your data now? Is your company growing? Are your systems connected, or disjointed? Are your customers satisfied?
If your answers reveal challenges or gaps in how your business functions, it might be time for an ERP implementation project to solve your issues and allow company leaders to focus on growing.
Some companies can’t make the move to the cloud fast enough, while others may not be ready. You’ll need to decide whether an on-premise solution makes more sense for your business, or whether a cloud-based system is more beneficial. Each has its pros and cons, and weighing those will help you make the best choice for your company’s specific needs.
You’ve gotten this far, and perhaps you’re ready to begin your ERP project. Once you’ve chosen the right implementation partner and believe in their methodology, assess your side. Do you have key employees on your team? Selecting your best, as well as a project champion, is a necessity.
Are you and your data ready? Not being prepared at the start will lead to problems later. Many times, it’s not the technology that sinks a project. Don’t leave some the most time-consuming tasks to the end.
Have a good roadmap. Your implementation partner will have a methodology they follow, but you need a structured plan as well. Be sure to create a realistic approach for your project, and communicate your company’s specific needs to your partner. Your ERP system will need to function according to the requirements of your business, and you know it best. Keep the lines of communication open, and know how to measure that success before you begin to see it.
As an award-winning Oracle Platinum Partner, we help businesses with Enterprise Resource Planning (ERP) solutions. Using our proven Terillium methodology we provide solutions to whatever business challenges our customers are facing. Terillium's services include on-premise or cloud implementations, upgrades, support services, custom development, cloud services, software licensing and special projects. How do we know that we can deliver? Because we have been doing so for more than 20 years.