3 myths about ERP software

If you're considering enterprise resource planning (ERP) software, you've probably heard stories about the experience. Are they true? Let's take a look at some of these ERP misconceptions.

Small businesses don't need ERP
According to Forrest Burnson at Software Advice, more and more small and medium-sized businesses (SMBs) are adopting ERP systems. By integrating all of its data, an SMB can save time and money, which is crucial for success. At SMBs, employees often perform many different roles, and pitch in wherever they're needed. Without integrated data, these urgent "all hands on deck" moments are much more challenging when teams use their own separate systems. Using ERP software streamlines cross-team efforts and breaks down silos. 

ERP systems are too expensive
As ERP use continues to grow among SMBs, so too does the range of pricing options. A deployment vendor can walk you through the process, and set up a system that fits your needs and price range. Although ERP systems can pose a significant investment, integrating systems yields returns such as improved data quality, lowered operations costs, reduced complexity, and better customer relations. 

ERP deployment is always the same
Generally, implementations come in two categories: "Big Bang" vs. "Phased," as enterprise IT writer Petra Jorgenson explains. In a Big Bang rollout, the system goes live immediately. The cost is lower than a phased rollout, and the ROI will come sooner, but comes with a higher risk of a productivity lag as users adapt. A Phased rollout comes in steps, as the new system is gradually implemented. Although it's less risky than a Big Bang, the Phased rollout is more expensive because the enterprise must continue to run its old system for a time, and it will take longer to see a return. Your deployment vendor can help you determine which is right for your team.