Narrowing the field of software options when choosing business management (ERP) software
How to make the best selection
Sometimes described as ERP (Enterprise Resource Planning) solutions, business management software can range from standard accounting, through to warehouse management, EFT-POS, Internet of things, HR, OSH, and much more.
As an early step, invest in understanding your business requirements. If you haven’t taken the time to research your needs, narrowing down the list of options will be difficult. Further, underestimating the complexity of your business, and/or failing to account for future growth, may also limit the benefits of your hard work in planning for, and implementing, a new solution.
How do you find the best fit in terms of business management/ERP software?
Modern systems deliver the core functions of commerce, but the real challenge often lies in adequately supporting the nuances of your business and integrating with existing processes and systems.
Some solutions will force you into a different way of operating, while in contrast, others are purpose-built to deliver adaptability. The latter is one trait that's especially valuable for ERP suites. These solutions form the cornerstone of a company's IT capabilities and associated busines processes, so it's essential they're delivering maximum value, acting as business enablers, rather than being limiting.
Here are some of the important questions that should be asked when evaluating ERP solutions:
1. How easily will it integrate with current systems?
Traditional ERP suites usually require businesses to reorder their existing operating practices around the various demands and limitations of the software. While it is possible for a company to adapt to inherent constraints, it is often not the most efficient approach.
Many businesses derive a significant portion of their competitive advantage from their unique processes. Choosing a solution that is designed with seamless integration and extension in mind, complemented by the services of transformation experts, can deliver a solution ideally suited to addressing your business needs.
2. Will it evolve and scale according to my business needs?
Today's digital environment is predicated on constant change and evolution, which means modern business applications should be architected to support continuous evolution. Without this adaptability, the investment won't return optimal value over the longer term.
3. Who will support my system and how will they do it?
With the complexity inherent in many enterprise technology investments, it's not enough for businesses to simply buy a product from a vendor and have that be the end of the relationship. Over time, your business needs will evolve and change, requiring your core business management systems to adapt to best support you. It is important that you team with a quality provider to assist you on this journey. An easily accessible and flexible business partner who understands both your business processes and technology requirements is essential to maximise your return on investment.
4. Am I locked into my vendor and their technology?
Purchasing from some vendors locks you into their technology ecosystem and release cycles. These systems by their nature are often more difficult and costly to customise to existing business processes and are often served by a high-cost eco-system of providers.
How can Solnet help?
If you’re planning on implementing business management software and/or any aspects of an ERP solution, and would like to speak to experts who can help you accelerate the process, feel free to get in touch by emailing kevin.mcmenamin@solnet.co.nz or by calling +64 9 977 5805.
