ERP software is the central and unified company information syste. This class of enterprise software integrates geographies, departments, divisions and other company lines of business into a central, shared, enterprise-wide business software system. ERP software morphs 5 types of business systems, including finance, manufacturing, distribution, HR/payroll, and CRM—in order to integrate and automate business processes across the company and beyond.
Enterprise Resource Planning (ERP) applications vary in strength and flexibility by vertical market, company size and location among other factors. Even when ERP applications offer similar feature sets, they generally don't all do them equally well. Diligent review and careful evaluation is necessary to align your company's most important objectives with the best fit ERP software application.
Methodical ERP software selections are a precursor to being successful in implementation and post-implementation production. If you fail the business software selection you are likely to also fail the deployment and endure a downstream chain of technology difficulties, feature and process gaps, user problems and resistance. Good news however, as success is more science than art. Independent ERP system reviews aid the science to achieve software selection success.
Weighing technology platforms, software features and even costs in a ERP software evaluation is the wrong approach to selecting an ERP system that will achieve the most strategic objectives and ROI. As counter-intuitive as it may initially seem, choosing the ideal ERP system is more a matter of knowing your specific needs, solidifying your processes and clearly defining your end goals. These are the best practices and proven steps that will bring structure and predictability to the project, reduce risk and deliver the most important information to make the most informed decisions.