Avoid pitfalls when investing in your first ERP system
A company's first investment into a business management software system like ERP can be exciting, but it can also be intimidating. If proper precautions are not taken, the procurement could be problematic.
A recent press release from a major international business systems provider examined the risks associated with first-time ERP purchases. The most common mistake made by decision makers who lack experience with this type of project is a failure to understand its magnitude. ERP investments require a number of complicated steps starting with evaluation and continuing through the implementation phase, and the work doesn't stop there. Training and maintenance scheduling are crucial factors to take into consideration. Those who lack a comprehension of all vital components of this project are typically those who fail, or at least are unable to see their systems attain their potential.
Given all of this, it's understandable if buyers become intimidated during the process, but that shouldn't stop anyone from making what is ultimately a smart investment. The sentiment is shared in the press release.
"Moving to an ERP solution is certainly not a decision easily made, nor should it be easy to make," it reads. "However, for the growing business, upgrading systems to improve control becomes an inevitability at a certain point; make the right choice, and your company can be set for the future."
Working with a provider of manufacturing and other business management software solutions can help first-time buyers ensure they are making smart decisions during the buying process while obtaining all the knowledge they need regarding their system, ultimately putting them in the best position to oversee a successful project.