September 4, 2010

ERP Business Impact: Is an ERP System Right for Your Company?

Follow these checklists, examples and guidance to weigh the costs, benefits and risks of implementing ERP systems and software.



What Mid-Market Companies Should Know Before Buying ERP/Financial Software | PDF
An example-filled look at key considerations when buying ERP and financial system software. Targeted at mid-market companies' financial executives. From the Resource:
Companies want to connect different areas of their business. Perhaps the biggest benefit of ERP systems is the ability to have a complete picture of your
business - enabling everyone to have access to needed information. With information integrated all in one place, and financial reports readily available, you can begin to be proactive about your business decisions. It is easier to track profits, identify areas of rising costs or weakening profitability and make changes accordingly.

Jim Pullano, IDT Consulting

The ERP Selection Process Survival Guide | PDF
If an organization is experiencing one or more of the following business conditions, it is time to seriously consider implementing an ERP solution or replacing the current one:
- Fast and uncontrolled growth
- The company's exact financial performance is unknown
- Unknown or inaccurate job costs
- Inventories that do not meet or far exceed production requirements on a
consistent basis
- Duplication of effort in order to capture vital data that impacts employee
efficiency
- Commonly setting inaccurate customer expectations
- Promised delivery dates are regularly missed
- Unknown operations performance
- The current system is negatively impacting the organization's ability to grow
- Little or no ability to forecast and plan production requirements with any
degree of accuracy

Relevant Business Systems

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