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Factors to consider when selecting erp

FACTORS TO CONSIDER WHEN SELECTING AN ERP PLATFORM

Factor s to consider when selecting erp

 

CONSIDERATIONS FOR CHOOSING AN ERP PLATFORM:

WHAT DRIVES ERP PROJECTS?

·72% improved reporting capabilities
·67% support for specific executive initiatives
·59% accommodate growth of business
·55% industry specific initiatives
·52% functional enhancements for financial initiatives
·51% lower total cost of operation
·46% replace outdated IT systems
·45% functional enhancements for HR initiatives

WHAT WERE THE CHALLENGES?

·Anticipating and managing change for end-users
·Documenting business processes
·Managing transition from implementation to operation

WHAT MAKES ERP SUCCESSFUL?

·80% of business owners drive improvements
·73% of executive sponsors encourage ongoing improvement
·73% focus on end-user training
·67% focus on developer/analyst training
·60% of patches are up to date
·40% focus on cost/control containment
·38% active relationship with the vendor

5 KEY FACTORS

1. Data integration
2. Workflow
3. Financial consolidation
4. Budgeting
5. Data management
ERP is about more than just technology – implementation will have the greatest impact on success.
 
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