Posted by Jim High Choosing the right ERP software is no easy feat. At this point you may have already done hours of research and you may still not feel any closer to making a decision. Choosing the right software requires deeper research into fewer options. Here are three steps that every business should take to ensure that they choose the right ERP software: |
1. Narrow the list of ERP options
Use your list of “wants and don’t-wants” and compare it to the top software candidates that arose from your research. Are any of the options not in alignment with your goals? Eliminate those products from the running. Narrow the list of possible products down to 2-3 options.
2. Do a deeper review of your favored products
Search online reviews and forums for feedback and testimonials. Ask your peers in the industry whether they have experience with any of the options on the list. And when in doubt, don’t be afraid to trust your initial reaction to a product.
Finally, contact the product companies or resellers to request demos.
Finally, contact the product companies or resellers to request demos.
3. Do the math
Once you feel like you have a thorough understanding of each product, it’s time to crunch the numbers. Which one will save you the most up front? Which one will save you the most down the road?
Keep in mind, the cheapest option may not always be the best option. Some ERP systems require paid add-ons before you get a fully functioning suite of services. Consider also the long-term cost associated with missing features or benefits, as well as costs associated with implementation times, complexity, and ease of use.
Choosing the right ERP software solution can be a daunting task, but it is important to take several factors into mind. Your ERP software will effect your business for many years to come, so you've got to be sure you are getting what is the best fit for your needs. Be sure to define your needs and never rush into picking a software. Doing your due diligence will certainly pay off.
Keep in mind, the cheapest option may not always be the best option. Some ERP systems require paid add-ons before you get a fully functioning suite of services. Consider also the long-term cost associated with missing features or benefits, as well as costs associated with implementation times, complexity, and ease of use.
Choosing the right ERP software solution can be a daunting task, but it is important to take several factors into mind. Your ERP software will effect your business for many years to come, so you've got to be sure you are getting what is the best fit for your needs. Be sure to define your needs and never rush into picking a software. Doing your due diligence will certainly pay off.