Enterprise Resource Planning software has gained huge momentum in the past few years and most organizations now understand the importance of having a suitable ERP. The main objective of ERP software implementation is to mechanize business processes so that organizations can work more efficiently and stand out from their competition.
An integrated enterprise solution gives you a holistic view of all projects, streamlines the entire business processes, and ensures that business activities are conducted on time.
SoftwareSuggest has shortlisted the best ERP software that you can consider implementing within your organization. However, it’s crucial to note that implementing an ERP system doesn’t guarantee success, but it definitely improves the chances.
Looking for ERP Software? Check out SoftwareSuggest’s list of Best ERP Software Solutions.
For instance, installing tally ERP 9 or any OpenERP/webERP will help you make your business organized. Still, it can’t bring profits and flip the game unless you change your strategy.
Recognizing the importance of successful ERP software implementation, our team at SoftwareSuggest has presented their collaborated learning on what ERP is and its successful implementation as an infographic.
Let’s have a look.
Strategy for Successful ERP Software Implementation
Why Does ERP Software Implementation Fail?
Installing new technology is a major change in any organization. When an ERP software implementation fails, it is often due to a lack of proper communication within the company, and objectives aren’t aligned from the beginning.
Benefits of ERP System Implementation
- Automates and speeds up the daily operations that result in reduced administration costs by 23% and operational costs by 26%.
- Streamlines every activity and improves customer experiences by 68%
- Reduces cycle time by 35% and inventory levels by 38%
All in all, 95% of companies said that the ERP system improves their overall performance.
6 Steps to Successfully Implement ERP Software
- Define Goals and Objectives
- Evaluation of the Scope
- Data Migration
- Test the System
- Train Your Employees
Challenges Faced by Organizations During ERP Software Implementation
53% of companies Poorly defined project requirement
66% of companies Implementation cost exceeds the budget
72% of companies Installation takes more time than expected
ERP Usage Statistics
The manufacturing industry is the primary user of the ERP system, with 43% shares.
86% of companies use SaaS or cloud ERP, and only 14% uses on-premise ERP systems
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<a href="https://b.softwaresuggest.com/erp-implementation-infographic/"><img src="https://b.softwaresuggest.com/wp-content/uploads/2014/05/ERP-Implementation_HQ.jpg" alt="ERP Software - Infographic" width="498" height="2455" /></a><br /> <a href="http://www.softwaresuggest.com">SoftwareSuggest - India's First Business Software Platform</a>