You could be in any type of business, implementing an ERP solution is a project that must be taken seriously. ERP implementation efforts require complete commitment at the project team’s end due to several reasons such as cost concerns, ROI and other practical considerations like who will manage the company processes. Although, deploying and ERP is a major undertaking, it doesn’t have to be painful. Going with proper planning and execution, implementing an ERP system like Oracle NetSuite should be a smooth process to result in quick business efficiencies. Following are some of the best ERP implementation practices to consider, while considering the implementation of a business management software.
Select the Best ERP Implementation for Your Business
For an ERP encompasses an entire range of functions, there are multiple implementation types available out there. You can choose to build up your own customized ERP and develop it from bottom up, though its complexities and high cost can make the approach poor.
You can also purchase an on-premise ERP software and install the same on your company’s servers. Before finalizing for this solution, consider the fact that two-third of mid-sized businesses are running old versions of the ERP software. This happens because organizations find it too painful to re-implement, and the upgrade might also lead to business risks due to losing out on critical customizations and integrations. Keeping ERP technology to the latest helps in maximizing its potential, and choosing an easy-to-update deployment option helps in preserving its custom features.
There’s a third alternative in form of NetSuite, the cloud-based ERP solution. Since the solution is cloud-based and entirely managed off site by the ERP provider, you don’t have to go for expensive upfront investments in IT hardware and servers. Moreover, cloud-based implementations are usually faster and come with easy maintenance. Most importantly, product enhancements, customizations and integrations automatically get updated with system upgrades to let your business run with most advanced capability.
Set Realistic Expectations from ERP Implementation
ERP software is indeed the technology that has the ability to streamline business processes, reduce costs, improve visibility and change the way of doing business–but this will take time. ERP solutions encompass various complex front and back-office systems such as CRM, ecommerce, inventory management, which need to be integrated to give seamless customer experiences. This takes careful planning as well as time to execute them. This takes very careful planning and time to execute the process. In order to ensure that your implementation process is accelerated, always consider working with an ERP expert.
Focus on Staff Resources and Strong Project Management
Before starting any ERP implementation, make sure that your company has adequate staff resources to see the project through to completion. Although, it is an obvious point, several companies begin solution deployment without resourcing it adequately that later results in overworked and unhappy employees. Identifying a devoted project leader and a team of proficient members will help ensure that project moves uninterruptedly.
As far as ERP team members are concerned, consider reassigning or even removing some of their normal job routines to let them have enough time to focus on the present task. Address a team leader, having strong project management skills to facilitate team members with right communication and address any issue. With all these practices keeping in mind, you can keep on the right track throughout the entire process. Researching the best ERP implementation options, setting realistic expectations result in more consistent and effective ERP experience for long-term.