Enterprise Resource Planning (ERP) software is the perfect solution for any business, as it offers a means of streamlining the various aspects that make running a larger company difficult. You can lower the costs of operations, improve your reporting capabilities, data security, productivity, and many more. Choosing an ERP system best for your company, however, can prove to be a challenge on its own. Here’s a step-by-step guide on how you should go about choosing your ERP software.
1. Know your expectations and prioritise
It’s important to know what you’re expecting, so start by establishing what problems and challenges you want your ERP system to help you with. This is the state at which you should be very specific about what you expect from your software. If you know what you need, you’ll have much more control over your business.
2. Evaluate all of your options carefully
See exactly what the ERP software you have available to you has to offer. See how they can affect the integration with your existing office systems.
3. Create a shortlist of ERP software
Make a list of the vendors that fit all of your needs the best.
4. Take a close look at software demos
Prepare some brief demo scripts that contain specific workflows that you want to evaluate. Discuss the strengths and weaknesses with your team after each demo.
5. Compare the prices
After you’ve narrowed down your options, take a look at which is the most optimal in terms of prices.
6. Check the references
Ask the vendor or check online to find out how well the ERP has worked out for other, similar companies. Find out what challenges they faced with the system and how well the vendor was able to address them!
7. Time to decide!
Once you’ve taken into account all the important factors, it’s time to decide which ERP is the best for the needs of your company. If you’ve followed our guide, you should have no trouble finding out which option works best for you. Make sure all the agreements and requirements that must be fulfilled are noted in writing with the vendor.