The fate of ERP implementation depends hugely upon the sources of research. Enterprise Resource Planning may not deliver the expected result or be too slow after running over the budget. But this depends on how employees respond to ERP and whether they are able to adopt the new business tool or not.
We have listed 5 critical elements that can ensure an ERP implementation’s success.
- Well Defined Goals: You must clearly define the goals that you have in mind, across all the business activity areas. You should also understand review the current business model. Make sure you do not automate business processes that are inefficient.
- The Project Team: The individuals associated with ERP implementation will be soul and heart of the project from start to end. They need to be well acquainted with the project goals and should communicate effectively. Do not underestimate the importance of people even though you are implementing a technology.
- Strong, Credible Solution Provider: As you review Enterprise Resource Planning solutions and organizations that provide them, you will need to figure out the right balance between new Enterprise Resource Planning system costs and the business goals. Successful deployment of the system depends hugely on the vendor’s ability to understand your business and cooperate with your employees.
- Complete, Meaningful Budgets: You will have to consider many types of investments – that includes software licensing, enhancements and upgrade, implementation, IT management support, customizations, data migration, training and third party tools for your specific company. When you prepare Enterprise Resource Planning implementation budget, you should take into account everything that can have a bearing on it.
- Change Management: What good your Enterprise Resource Planning investment is when no one wants to use it? Companies adopt new technologies at different places, so it is important evaluate amount of training required for users to feel comfortable with the software. If the Enterprise Resource Planning project involves a cultural change in the way people exchange information and collaborate, you need to clearly communicate with everyone about how their work will change, and test and promote productive new practices before the ERP system is in place.
Suggested reads: 5 Benefits of ERP in an organization