Enterprise Resource Planning (ERP) systems offer many potential benefits to organizations that need to integrate their project and process controls. While off the shelf packages with large feature sets are readily available, the best value will probably come from the packages that are the most adaptable and customizable. The goal is to make ERP an essential part of the organization's core business strategy, which in most cases requires alignment with basic business processes already in place.
An important step in achieving this alignment between business processes and ERP system design is called process mapping. First the critical business processes that will be automated in ERP are identified and documented in detail. Then a process map is generated to enable the same or similar processes in a customized ERP implementation. Instead of making the organization adapt to arbitrary system requirements, those requirements are designed to reflect the best business processes.
ERP system implementation is a complex process, and it can be very expensive. The costs of business analysis and requirements identification are usually additional costs over and above the cost of purchasing an ERP package. Making sure that system customization addresses the key business process requirements will help ensure that you can get the most value from a customized ERP solution.
Simply put, no matter where you’re at as a business, data will greatly define your future success. The more data you accumulate, the better you’re able to make strong, strategic decisions at scale. Starting out, data accumulation, storage and analysis is a manual process. As time goes on, however, an Enterprise Resource Planning (ERP) system is put into place to help out. more
Enterprise resource planning (ERP) software delivers the ability to manage and standardize business processes across your entire organization. The increased efficiency from this can generate an impressive ROI. But there are hundreds of ERP vendors to choose between. more
The hidden costs associated with implementing an ERP system can add up quickly. Businesses frequently find that these projects go over budget despite being well planned. You can avoid this problem by preparing for these overlooked expenses ahead of time. This allows you to develop a more accurate budget and even reduce some of the costs. more