There are a variety of types of ERP system available in the market. This makes so many confusion as to which ERP Solution is suitable for the business. The need of every business vary, thus they require different ERP systems in their company in order to make the process well-ordered and less complex. Each company or organization should pick one for executing the system which meets all their needs and improve the efficiency of their business.
There is actually the usual ERP system that you can find in the market which contain the general functions and features of chiefly the core activities necessary in a business in order to run such as human resource, accounting, CRM, manufacturing management and a lot more basic functions that is necessary to run a business. Read below and learn the important things that companies need to remember while applying the system.
Fits the Requirements of the Business
One essential feature that companies should consider is that if the system suits the needs of the business. Every business can find a suitable ERP system that fits them perfectly. One example is an ERP associated to discrete manufacturing which is used in companies that make products like auto parts. The other type of ERP system is process manufacturing which is generally used for businesses who are engaged in the mixing, separating, forming, or doing chemical reactions. Due to the number of ERP systems available in the market, companies should carefully pick which one suits their business.
ERP system not only confined for IT decision only because it will be used by the entire company once implemented. The system should not contain too many complications and should be simple to understand. Moreover, the end users should be able to adjust easily to the changes when the system is applied. The system should work as a means for the company to grow instead of increasing the complexities and issues of the company.
ERP System’s Cost
The huge companies can surely afford the expensive ERP systems, however it can be quite difficult for those mid-sized or small companies to implement the system. There is usually a budget constraint with these mid-size companies when it comes to ERP systems. Therefore, the management must carefully examine the cost of various ERP in the market and the system should be cost efficient along with being process efficient.
Choose Between Traditional or Saas
The management should also check if the system is either web-based ERP or traditional ERP which will require a number of infrastructural changes. Web-based ERP only require a browser to be able to apply the system, but the traditional one requires certain software and hardware.