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ERP Selection Criteria to Consider When Choosing an ERP System

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ERP Software

Today in the golden era of digitization, an ERP software solution like SAP Business One ERP lies at the heart of every organization despite its size or nature. ERPs are known to automate and streamline business processes that improve overall organizational efficacy.

However, ERP implementation is not a cakewalk. These decisions take several months and involve huge costs. Not to forget the time, opportunity, and effort lost during the process.

So how do you decide which ERP software solution is the right choice for you? Here are some simple questions that will make your job easy-

Which business process will the ERP software solution serve?

  • It is the first determinant that unleashes a series of questions. You need to determine which business processes will the ERP solution tackle and how. A manufacturing unit and a service unit will require different ERPs. However, if you are a small business and want a comprehensive ERP that caters to all business processes, then SAP Business One ERP is the right choice.

Will this ERP software solution grow with me?

  • As you browse through the different ERP solutions, do not simply focus on the present business size and customer strength. If you want to be future-ready, your ERP solution should be scalable and customizable as your business grows.

Will I need new systems for the ERP, or can I integrate them with my existing systems?

  • Your organization may already have existing systems that cater to certain business functions. While choosing a new ERP, you must check if it is compatible with the old ones and can be easily integrated. If the answer is no, you may continue looking. Throwing out the existing system and getting new ones can be a costly affair.

What is the ROI against the cost of ownership of the ERP?

  • When choosing an ERP software solution, companies usually look at the initial cost of ownership. However, a better way to judge an ERP software solution is by evaluating its return on investment. If the ROI exceeds the ownership cost, then the ERP software solution is perfect for your organization.

Does the ERP comply with my industry’s standards and regulations?

  • Different industries have different rules, regulations, and complaints. Therefore, the ERP software solution you choose must be compliant with these standards to ensure the adequacy and correctness of stored data.

Who is my ERP vendor, and what are they providing me?

  • While the technical aspects of an ERP are essential, you must also know that your vendor is trustworthy and check the range of ERP services they provide. You can also ask for demos to take a peek into their work.

These were just the basic questions you need to ask initially when choosing an ERP software solution. But who will answer the more complicated ones, especially those related to implementation and customization?

UBS: Your ERP Partner

Uneecops will! Shoot your ERP-related questions to our experts at UBS, who have years of experience working with numerous clients across different verticals. We provide an array of ERP services, including implementation, customization, and maintenance. Get in touch with us today and start your ERP journey.

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