Now that you’ve decided to implement an ERP solution within your business’ IT ecosystem, you will soon be facing the proposition of identifying one vendor out of a pool of many. But be aware: The decision to go ahead with a vendor can take a long time when it’s an enterprise store planning item for consumption you’re considering.
ERP can bring tremendous synergies into your business practices and drive inter-department collaborations to the next level. On the flipside, if the ERP isn’t potent or suitable enough for your business, it could cause severe process bottleneck and breed discontent among users. The purchase decision makers, hence, need to recognize the need for careful and diligent evaluation of ERP solution pitches. Here’s a guide that will help.
Don’t commit the cardinal mistake of buying expensive technology without understanding why the business needs it so badly. Remember, no single ERP can deliver you the best of all worlds. There are some superb all-in-one solutions that get the basics right for each business process, and there are function superstars too. Your choice needs to be primarily driven by your organization’s business goals. To manage this, translate business requirements into technology functionality requirements and divide them into three categories.