Project Stages and Ongoing Investment of ERP Implementation
Scott Power
CEO @ ABC Business Solutions | Chartered Accountant, Financial Management
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The decision to implement an Enterprise Resource Planning (ERP) system into your business should not be taken lightly, as there are often high initial set-up costs of these systems. There are also substantial benefits if you consider your needs thoroughly. ERP systems have a wide breadth of capabilities and are highly configurable to your business needs to enable them to maximise Return on Investment (ROI), streamline your business processes and improve workflow efficiencies and improve competitive advantage.
No two ERP software implementations are the same due to the uniqueness of your business needs, size and structure. However, most successful implementations will follow this framework. Knowing this framework will reduces costs, timeline of implementation and subsequently minimise failure rate.
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