5 STEPS TO PROFITABILITY - FULFILL PROMISE OF ERP
Posted by: RAMAN on  29th November 2016
5 STEPS TO PROFITABILITY - FULFIL THE PROMISE OF ERP
With an ERP solution comes a great promise: the potential to help your organization make more money while spending less. Whether or not you already utilize ERP technology, profit is the engine that drives business. An ERP solution can steer your company in the right direction.
The truth is, the ERP solution itself can’t guarantee success. You and your company must guide the ship, using ERP as the sail. The promise of ERP can be fulfilled, but you must look beyond the software to find the formula that will lead you toward increase profits.
But how can you ensure that promise is fulfilled?
Remember this equation:
|Power of People + Power of ERP = Increased profit and healthier organization
So how do you leverage this formula to become a better more successful company? It’s simpler than it might seem.
Get the Facts:
Even companies that are satisfied with their software run the risk of running over budget and money do not receive the expected benefits.
► 50% of projects experience cost overruns
► 60% experience schedule overruns
► 60% feel they receive under half of the expected
► 27% realize less than 1/3 of anticipated