HORIZON ERP

Implementing an ERP system is an expensive proposition that can cost millions of dollars (with the software licenses, consulting fees, integration c osts, training and upgrades factored in) and take months, even years, to fully deploy. So, what steps can you take when choosing or deploying an ERP solution to decrease the likelihood of failure? Here are eight suggestions from ERP experts, systems integrators and project managers who have successfully implemented an ERP software system. 1. Choose an ERP solution that best suits your business’s needs (and industry requirements) “Because it’s a major investment of time and money, be sure to create a comprehensive list of requirements with input from multiple key stakeholders. “Define your company’s core needs,”. Your system requirements should be a short list of functional and operational must-haves and an equally short list of key strategic requirements that will support your future growth. A well-defined list of requi...

The major benefits of  enterprise resource planning (ERP) software  are well known. The automation of routine transactions, the integration of critical business functions, and the linking of different departments, plus the capture and centralized storage of data are all things you may expect to gain from a successful selection project for a new ERP solution. In most cases, ERP systems available today are also comprehensive in what they offer. In other words, you’ll find that ERP solutions have good coverage of functions such as finance/accounting, sales management, inventory management, customer relationship management, business intelligence capabilities, and other such business mainstays. In other words, each function has a sufficient number of features built into the software. In this post, however, we direct your attention to three less-obvious aspects of ERP systems that can be overshadowed by functional categories and the incorporation of new technologies. These ...