Why organizations want ERP replacement in just 2 years after purchase – What’s wrong!

 

Software decision makers, after investing sufficient time and money to select and deploy a good ERP, find themselves disillusioned with it. Why! This is because they fail to see productivity gain and expected efficiency in business transactions. And they want their ERP to be replaced in a few years.

What’s going wrong?

The companies went for an ERP solution because they all wanted a modern-day technology to be implemented – that holds the promise of storing all the organization’s information in one place. But the purchase of the software falls short because the ERP chosen was not up to their expectations.

An organization opts for an ERP system to reduce costs, improve performance metrics and efficiency in business transactions. If the ERP gets complex to use, then they will not use the ERP or use it reluctantly, leading to poor data quality. The result? Poor forecasting, insight and transaction flow management.

To choose the exact ERP solution, you need to know what they are and how it can help you

Because even after spending hours in selection, if you choose the wrong solution it can cost you in 3 ways:

1.  You lose revenue and time due to poor software implementation. So, make sure you pick the right solution that is suitable for your business.
2.  You go back to the way things were earlier, without the software which increases your team’s workload or to the same software which you rejected.
3.  You try to adapt with the software once used and that’s not the right way around which can be highly unproductive.

So, let’s dive in to know what you need to look for in an ERP solution to be on the winning side?

Ability to scale

As your business grows, you want your ERP solution to keep pace with your business trajectory. This means that the ERP solution you choose should be able to take you on global markets and handle exponential increase in transaction volume, workload and amount of data.

Tailored to your need

Some ERP are rigid with their process flow and there is no room for flexibility. This will not be a problem if you are looking for a solution regardless of industry specific needs. But, if you are looking for a specific industry like MEP, construction management, facility management, human resource management, etc., then your ERP needs to be flexible to your needs.

Avoid failed deployment

ERP isn’t just a technology play – it’s a lot more than that. It’s about having the right strategy, vision and metrics. And of course, it helps you organize & manage all aspects of your business. The software decision makers should define ERP investment’s key drivers and business goals. Goals that you measure against progress. All the stakeholders from accounting, finance, revenue and operations need to collaborate to decide on it.

Ideal ERP

So, what are the non-negotiable attributes of an ERP? Ease of integration between Accounts, Finance, Human Resource Management and other systems is the top. Secondly, it has to be user-friendly and intuitive with the necessary features and functions

Great customer support is the third most important attribute – how quickly are you getting a response from the support team while facing problems with your ERP. This has become so important because of how complex the ERPs are in the market.

With all this in consideration, we have crafted you an industry specific ERP solution that matches your exact requirement. When you get the right software like Horizon EBS Solution, changing the existing processes isn’t as time-consuming or complicated as it looks. The total ownership cost of modern solutions is also affordable as the return on investment is great – Complete Automation.

If you need to know more about Horizon EBS, you can write to us at sales@fit.ae or visit our website www.fit.ae