One-Size-Fits-All Or Custom ERP – You Should Choose Wisely

Typically, ERP or Enterprise Resource Planning solutions are a suite of modules that carry out tasks connected to areas such as HR management, inventory management, financial management among other things. Owing to the apparently broad nature of ERP systems, a lot of companies depend on software that’s made for common, overall needs rather than opting for custom ERP development, as these are meant to satisfy the requirements of a range of industries.

Several best practices are generic and work for a bunch of sectors. Accordingly, some providers create and sell their products to cater to these standards. The biggest argument in its favour is that it’s far more affordable for a provider to build a one-size-fits-all ERP solution and they will possibly benefit from selling in bulk.

Challenges caused by generic ERP systems

For the most part one-size-fits-all ERP systems are hardly ever adequately dependable as the suites are just not configured keeping individual, enterprise requirements in mind. Particular ready-made software, created during ERP software development services may not be designed to look after the specific needs of a company in the least. In fact, even those that are suited are not likely to cater to all your main business operations and will, thus, be disjointed and unproductive. In the end, it leads to wasted time, money and resources. It would be sensible to say that continual dependence on generic ERP platforms can have a negative impact on business.

A one-size-fits-all ERP system, as opposed to custom ERP development, can limit your business’s workflow and hamper advancement and growth. Challenges can arise when your business begins to branch out and scale up. A solution that provides a holistic solution is inflexible and slows down innovation as it is unable to accommodate the agility that businesses largely require so that they can keep growing.????????

How to pick the appropriate ERP system?

It has been said before and bears repeating that businesses looking for an ERP system should begin the process of selection by means of thorough consideration. This will help them steer clear of the risks connected with a one-size-fits-all tool. It would be a good first step for your company to define its objectives. When the time of selecting an ERP system comes, pay attention to the features and functionalities of the solution as well as the software vendor. Check whether the software available fulfils almost all your requirements. Accordingly, with custom ERP development you will have decreased need for customization in the long run. Check whether your ERP provider has previously created ERP solutions for businesses in your sector.??

A vendor who has created an ERP system for the retail sector, for example, is familiar with the distinct needs of that industry rather than a provider that has created systems geared to the finance management sector.

The advantages of an industry-specific, custom ERP tool

Systems that are designed in accordance with industry-based specifications are able to complete a process rapidly and utilise a small percentage of resources in comparison to generic software.??

Custom ERP development will also not require any further customization prior to deployment.

When your company expands, an industry-specific, custom-made system will be able deal with changes far more seamlessly, making processes easier and less labour-intensive.

Rest assured businesses would be wise to go in for custom ERP development if they want their processes to be accommodated in the software they use.