Choosing the Right ERP Software may help to grow Your Business

1. Choosing the Right ERP Software may help to grow YourBusiness Business & New Era: Photograph by Gallery Stock This era is of advanced technology & everything has changed in few years. Everyone wants to grow. The world of business also has changed. The computer & technology has changed the entire world. Hence to remain up to date with changing world, it is necessary to take help of technology. Traditional system of business has fully changed. In this era, business world is very competitive & the companies are adopting various types of systems as well as software to help their business save both resources and money. Traditional business system is not effective in this competitive world.

2. Need of Enterprise Resource Planning (ERP) software to the Business: Enterprise Resource Planning (ERP) software is dramatically useful for your business & can help you to remain in competition. It is a type of software or system that can handle the internal processes of your business like the resources planning, management control and operational control. It is specially designed to run the entire business system. It majorly deals in manufacturing, logistics, inventory, invoicing and accounting in any company. In a back office process, where customers, suppliers & public are not involved directly, the ERP system can handle all these in a process. In previous years, the ERP system was only available for large business or large sized companies, but not it is also available for all types of organizations & business like schools, hospitals, colleges, small shops, etc. In small companies & shops, this software maintains all inventory and purchasing timetables and purchase and sales are recorded on the system. Hence, a small business also may get benefit from enterprise Resource planning software.

3. Implementation of Enterprise Resource Planning (ERP) System to your Business: Image credit: xtuple.com Implementation of ERP system to a business needs a lot of planning & research. If it is not done properly, the implementation may result in failure of the organization. Selection of right ERP system for your organization is a vital step. Infrastructure is very important for an organization. The infrastructure of an organization should be able to support the ERP system else investment has to be done accordingly. Selection of right software is a vital step & it should be taken seriously

4. since business is a major investment. If you choose the right one, it will help to reach your business at the top most level. There are several companies that offer best ERP software. But before choosing all points should be discussed that are necessary for implementation of business & you should ask as many questions to understand the options well. Your doubts about ERP system also should be cleared. It will help to understand the system well. ERP implementation is very complex process & hence it requires lot of planning & it is necessary to select the right vendor from which you are taking this service. The service provider should be registered & professional in this field. Image Credit: fisscal.com

5. Enterprise Resource Planning ERP system implementation has lot of steps. Some important steps are as follows: 1. Project Planning: The first stage of ERP implementation is project planning. It needs deciding project goals, recognizing business needs, and estimating the project costs. 2. Architectural Design: It is a vital step & should be considered seriously. A person need to focus on high level architectural design as it affects the implementation cost. The whole internal processes should be well documented and well mapped with current requirements of the company. 3. Management: Management is the most important field of any organization, & it should be maintained properly. 4. Data Collection: Data is the most important factor for any organization since it affects the organization business. Since Implementation of Enterprise Resource planning totally depends upon shifting the functional data and bringing it to the fore-front, hence the data should follow semantics and should be layered on the basis of access priority. All data should be organized in a spreadsheet. Data conversion is the most important job when it comes about software implementation. Data conversion is the process in which the organization historical data is transferred to the new software. The major difficulty of the implementation process consists in ensuring the data accuracy. The proper working of the software depends on the accuracy of the data that are transferred into the new database. 5. Testing: After implementation, testing of software is the next important step. Testing determines the whole ERP implementation cost. The whole ERP implementation team should test all the functions to further examine that all information is precise and working properly. Real life scenarios should be run for data accuracy. To make sure that all interfaces are designed well & run properly, all function should be checked carefully. The new software is tested for errors & bugs & then fixed. During testing

6. process, integration level ensures the correctness of the transferred data and you can ensure the software scalability to determine if the software is able to handle a certain number of users. 6. Evaluation: Evaluation also very important stage towards implementation of successful ERP software. A structured evaluation plan should be created that focuses on the purpose and objectives that were set in the planning stage. Factors Which Influence the Success of ERP Implementation Implementation of Enterprise Resource Planning is a challenging work & there are several factors that affect success of ERP implementation. Management support & confidence is necessary. Cost is an important factor. It is very important to consider the maintenance cost for post implementation and this, also varies upon on size of implementation. When we talk about implementation of ERP, also we should talk about hidden costs. There are several hidden cost that cannot be seen from outside but the companies that undergo the automation process often confront with them. Replacement cost is another hidden cost. A company has to discontinue the old system before the new one. Replacement of the hardware attachments is not included in the ERP initial cost it is considered as a hidden cost, too. Originally published at https://medium.com/on March 8, 2019.