An ERP implementation for an organization is a really critical project and it needs to be planned and executed carefully.
Lots of proper planning and execution goes behind a smooth implementation of an ERP system as an ERP deployment is a major undertaking which requires a lot of time, effort and expertise. However, once it gets implemented, it is going to bring new efficiency levels within the organization and may also assist in cost reduction in the long term.
Any organization consists of various verticals like Sales, Accounts, HR, Operations etc and it is not an overstatement to say that ERP solutions touch every vertical of an organization. It is quite evident from the fact that SAP, the leading ERP systems provider across the globe, has a number of modules that perform different functions (independently or in tandem with other modules) that can be utilized by organizations depending on their requirement. Also, it is the prerogative of the organizations to decide whether they want to build their own custom ERP and program it from the point of view of the needs of your organization. However, the cost and complexity of taking on such a huge project is a big deterrent here. Moreover, it is paramount to ensure that the technology is current and easily upgradable before choosing any ERP system. This is very important because new features are added to ERP systems at regular intervals. This should prompt the organizations to choose an ERP system that should upgrade itself easily.
Cloud is another alternative which is changing the way ERP system is implemented in the organizations. Instead of buying expensive ERP systems and spending on infrastructure to house them, companies can now use ERP systems on the Cloud. Because the system is cloud-based and managed entirely off site by the ERP provider, a cloud-based solution means that client doesn’t have to make expensive upfront investments in IT hardware and servers, nor worry about dedicating significant personnel…