8 Ways to Developing a Business Case For an ERP Implementation
Ultimately, every project comes down to one thing: the potential ROI. There are eight advices for developing a business case to convince executives to invest in new technology: 1. Relate the problem to the bottom line Maybe there is a hard time accessing real-time data. Regardless of the reasoning, the best way to pitch the strategy is to relate it to the organization’s bottom line. If they are continually missing deadlines, then calculate the penalties they would have to pay as a result. Sound financial reasoning with recommendation will set off on the right foot. 2. Show multiple opportunities for improvement One purchase, numerous benefits? Most enterprise technologies touch multiple areas of an organization. This makes them a valuable investment. To strengthen the value proposition, emphasize each of the ways an ERP system could transform the organization. 3. Demonstrate long-term usability Executives aren’t just worried about today’s results – th...