Analyzing your ERP can avoid financial loss

An ERP system can impact every aspect of a business, from inventory control to financial statement.

ERP solutions are a crucial part of every company's operations, as the success of any enterprise resource planning (ERP) system depends on its ability to meet the specific needs of the business. That’s why it’s so important to properly analyze your ERP system before going live because a wrong selection of an ERP software can lead companies to serious problems, including reduced productivity and even financial loss.

Proper analysis of an ERP requires careful planning and execution and it should cover all aspects of the system, from functionality to performance and security. Testing should be done by both internal staff and external experts.

Analyzing your ERP solution is essential to achieve success. By taking the time to properly test the system during the implementation phase, businesses can avoid costly problems down the road.

Types of testing

1. Functional testing: This type of testing is conducted to check whether the ERP system is functioning as per the requirement specification or not. In functional testing, all the features and modules of the system are tested individually and then together to check whether they are working properly or not.

2. Integration testing: Once the functional testing of all the individual modules is completed, integration testing is conducted to check whether all the modules are working together properly or not. In addition, data is exchanged between different modules to check whether the data flow is proper or not.

3. User acceptance testing: This testing is conducted to check whether the ERP system is accepted by the users or not. Current users are involved in testing the system to ensure whether it meets their requirements or not.

?4. Performance testing: In performance testing, different load conditions are created and tested to see how the system performs under those conditions.

5. Security testing: It is conducted to check the security features of the ERP system. In security testing, different types of attacks are simulated and tested to see how the system responds to those attacks.

6. Disaster recovery testing: The disaster recovery plan simulates different types of disasters and tests how the system responds to those disasters.

7. Stress testing: This test checks the stability of the ERP system. The system is tested under extreme conditions to see how it performs.

8. Compatibility testing: Compatibility testing is conducted to check whether the ERP system is compatible with the other systems in the organization or not. The ERP is tested with different combinations of hardware, software, and operating systems to see its performance.

9. Compliance testing: This test checks whether the ERP system complies with the regulatory requirements or not. ERP system is tested against the different regulatory requirements to see whether it meets those requirements or not.

10. Data migration testing: The data is migrated from the old system to the new ERP and then checked to see whether all the data is migrated properly or not.

11. Upgrade testing: This testing is conducted to check the compatibility of the new ERP version with the old one. In upgrade testing, the new version of the ERP system is installed and tested with the old version to see how it performs.

Make sure you test your ERP during the implementation phase of the software, ensure that the system is working properly and that you and your team are familiar with its functionality before using it.

?ERP analysis and testing can help you uncover errors and potential problems before going live. Additionally, testing can help you identify areas where you may need additional training according to the complex requirements in order to be use the software effectively.

Not sure about how to analyze your ERP? Book an appointment (link below) with our team for a FREE AUDIT and we'll help you analyzing the status of your current ERP and advising on the best solution to implement. BOOK YOUR FREE AUDIT TODAY!