Five ERP Myths that can Stall Your ERP Software Implementation

#enterpriseresourceplanning is a suite full of smart features that automates all business functions and efficiently manage everyday business activities. This technology is widely used by businesses to gear up their business growth. It simplifies all the complex business processes and helps gain control of the company.

Modern ERP systems are flexible, scalable and modular for any business. It is customizable based on any business requirements. This technology can solve any business problem if the right system is implemented for the business.

In this blog, let us bust some ERP implementation myths that many businesses perceive it as the truth. ERP implementation involves planning, preplanning, decision-making, time, resources and many other initiatives. It is a significant investment made by businesses to improve the company’s productivity.

Five ERP Myths that can Stall Your ERP Software Implementation

• Relying only on internal sources to save money

The internal team of the company have daily activities to deal with. So it will be stressful to ask them to split them between the ERP implementation project and everyday work. It is better to get support from the vendors so that the internal team will have less stress.

• Employees to be aware of the new software

A business will plan to implement new software when the old software no longer works for the company. So in this planning, employees must be included. It is significant to know their opinion on the change to help them research and learn to interact well with the system. The timing that an employee is asked to participate is both an art and a science. If the employee is aware of the entire ERP project, it will be easier for them to adapt and interact with the system.

• IT team to be best aware of what’s best for business

Well, undoubtedly, we all can accept the fact that IT is indeed like the heart of the company. They know the best to grasp the existing technology architecture of the business. They are experts in identifying the current system’s flaws and easily rectifying them.

But it is wrong to assume that they know every technology and emerging new trends. Even they have to do their research and learn about the product. They should be given the training to get a complete 360-degree view of the technology to assist during implementation. The in-house IT experts are valuable contributors to the ERP project, but they don’t specialize in choosing the best technology for the company.

• A set budget is enough

A business can never fix a budget for its implementation, it can approximately calculate the total value of the implementation cost. Implementation has a lot of parameters and variables. Plus, the businesses will opt for customizations. If some features fail, they will have to look for new options. There will be internal and external costs to bear, internal costs can be data cleansing, training, backfilling, steering committees etc.

Customizations can be costly, the larger company requires more customizations can be expensive. The requirements will arise even during implementation.

• Customizations are not required for the business

It is a highly digitalized and advanced world. ERP is a brilliant technology that offers the business best practices, but companies are of different types and sizes.?Modern ERP?systems provide customizations that effectively stay competitive in the market.

Businesses can opt for heavy or slight customizations based on their business requirements. The main reason any business gets customizations is to get a competitive advantage. So, having no customizations will not be that effective for the company to stay in the market.?Wrapping up, these are some of the myths of ERP system implementation.?Learn and research more?about it to get a complete understanding. Choose an experienced ERP vendor to suggest the best for your business. Set an approximate budget and do what is best for your business.

ERP Software Implementation Overview

ERP implementation involves different stages, steps and measures that are listed below :

1. Analysis of business requirements.
2. Training and testing.
3. Software implementation.
4. Configuration options and settings.
5. Migration of financial and transactional data from old systems.
6. Setting up user access to all employees, defined roles and security options.
7. Prepare to give necessary training to the end users.
8. Provide live support and project review.

Gathering insights, planning and testing are the most significant of all the functions.