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. Every business have different needs, and therefore they also require separate ERP systems in their own company so as to make the process simple and less intricate. The company must select one for implementing the system that can be able to achieve all the needed requirements and boosts the effectivity of the business.
There is a standard ERP system in the market that encompass the features and functions of the central activities required in a business to run well, this include accounting, CRM, manufacturing management, human resource and several other basic functions required to run the business. Below are the things that are essential for companies to consider when implementing the system.
Suitable for the Business’ Requirements
One important feature that the company have to remember is that the system should fit the needs of the business. There are specific ERP systems available in the market for every businesses. For instance, there is an ERP related to Discrete manufacturing which is utilized in the company that is involved in designing product such as auto parts. Another ERP system type is for process manufacturing which is basically used in businesses that do the mixing, separating, forming, or doing chemical reactions. Since there are various types of ERP system, the management should take a close look as to which is the best system for their business.
ERP system is not only limited to IT decision only and it will be utilized by the entire company once applied. 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 give good results and improve the development of the company rather than give problems and complications.
ERP System’s Cost
It is really easy for large companies to afford these ERP systems and implement it to their companies, however, it can be a difficult problem for those small companies. These small sized companies have budget restrictions for these ERP systems. Therefore, the management should not forgot to investigate the cost of different ERP systems in the market and the system they pick should be process efficient as well as cost efficient.
SaaS or Traditional
The company should know and ask about the system whether it is a traditional ERP or web-based ERP, which needs different other infrastructural changes. The web-based ERP only needs a browser in order to implement, whereas the traditional ERP requires some hardware and software.