When businesses think of an ERP, the first thing popping up on their head is “how much is this going to hurt?” Indeed, it is one of the most important and massive projects of a business. If implemented properly, it is capable of upgrading each of your business aspects. Otherwise, you may run into trouble.
ERP is a disruptive, tedious, and huge yet beneficial project. Hence, you need to be very careful while implementing it. Given below are some of the stats of ERP implementation to help you understand how important it is to implement it the right way:
- Businesses can reduce up to 20% of their operational and administrative costs.
- 64% of ERP projects go over budget.
- ERP projects that might consume more time count up to 74%
- 94% of businesses see an improvement in their business aspects with an ERP implementation.
Avoid These Common Mistakes While Implementing An ERP
ERP implementation is a big deal and thus needs to be done impeccably. Proper planning and setting backups to avoid issues can help greatly while reducing the implementation time. Given below are some of the common mistakes businesses commit during this time:
# 1 Not Defining Plan and Goals
ERP implementation is more than just smashing the install button. It needs serious involvement and research. One of the common mistakes businesses make during this implementation is not defining the plans and goals of the company. Which may ultimately lead to confusion and added costs. Probably, you might miss some features your business really needs. Hence, it is advisable to sit with your team and discuss where your business needs assistance so that the implementation team can prepare an appropriate solution specifically designed for your organization. A detailed plan will ensure your implementation team is on the same page and works with maximum coordination. Defining a roadmap simplifies the implementation into actionable aspects while ensuring the credibility of your team.
#2 Showing Insufficient Commitment
As already discussed, an ERP implementation is a long and tedious project that demands incredible involvement. It might take up to 6 months to 2 years. It is recommended to plan for athletes one year of implementation to test and iron out the kinks. If you cannot commit to a one-year dedication, you probably want to find faster project facilitation. Otherwise, do not go for the implementation at all until you decide to dedicate yourself to this.
#3 Not Choosing the Right Implementation Partner
It is a foolish mistake that many organizations make, but what drives them? Insufficient dedication, lack of research, and making decisions in haste. Ideally, businesses should look up to at least four industrial references. Identify their credibility while contacting their customers if possible and ask for their reviews. Iron out their kinks with other businesses. It is the most essential step which cannot be taken casually. Make sure you check the track records and experience. Without a good implementation partner, even if you successfully carry out the first two steps, your ERP cannot be as effective as it should be. Implementation partners such as Trident Information systems is backed with more than 150 technical resources and 22+ years of experience so far.
#4 Not Setting up a Proper Budget
One thing that business leaders fail to recognize is the importance of setting a budget. They are often unaware of how expensive the ERP implementation and employee training is going to be. With the urge to “spend less, get more” business leaders often fall into the web of challenges. Such challenges might lead to project disruptions or even failures. Hence, it is crucial to know the costs of every aspect of the implementation and set a proper budget.
#5 Not Disclosing Crucial Business Aspects
Not being honest enough with your implementation partner is another foolish mistake a business leader can make. Again, with the desire to “spend less, get more” they may resent disclosing some crucial business aspects and run into implementation troubles. The implementation team customizes solutions according to your business needs. Without knowing everything in detail, they cannot provide the right solution. Which may hamper your business operation, and you may end up dissatisfied with the results.
Trident Information Systems carries out thorough research on your business and customizes a solid plan that perfectly suits your requirements.
#6 Not Planning a Post-Launch Maintenance
Forgetting about post-launch maintenance is a risky affair. Take it as a living organism. What do living organisms do? They grow, evolve, and improve, the same goes for ERP implementation. Create a plan for the early stages of post-implementation maintenance and improvement stages. Assign a team to gather data on how effectively employees are complementing the software. Your employees are your greatest asset. Listen to their queries and improve the overall ERP performance. Make sure your implementation partner also provides post-implementation support 24/7, while ensuring 100% continuity of the ERP.
Trident carries out thorough research on your business and customizes a suitable solution for your business. It also offers complete 24/7 post-implementation support. Backed with a robust record of accomplishment, Trident Information Systems is someone you can blindly count on. For further queries, contact us.
Getting Ready for ERP ImplementationPreparation is the key to success!
What are the most important aspects in getting ready for an ERP implementation?
Read these step by step guidelines to ensure a successful ERP implementationhttps://www.forceintellect.com/2020/10/20/getting-ready-erp-implementation/
Idea - To showcase a thought leadership approach on the necessities of SAP implementation by companies.
The Systems, Applications, and Products (SAP) system from SAP AG is recognized as the market leader in ERP, application software, analytics, supply chain management, human capital management, master data management, data integration, and more.
With 100+ innovation and development centers, 102,400 employees, and market-leading implementation partners like Wipro and Oracle, SAP customers include 92% of the Forbes Global 2000 companies and 98% of the 100 most valued brands.
Why do businesses like National Grid, Siemens, and American Airlines opt for this ERP and consider it a strategic investment?To find the answer, let’s look at some underlying challenges faced by enterprises today-SMEs have limited resources and need to balance business value with functionality, support, and costs.Even though BI, performance management, and analytics are quickly gaining traction, businesses still struggle to go beyond basic reporting and analysis.Increased adoption of mobile, Big Data, and social networking have gaslighted the need for high-end data management.There is a growing demand for cloud adoption and/or migrating legacy applications to cloud-based options that provide flexibility in terms of usage and costs.SAP enables this adaptation journey with people-centric cloud applications that cross the traditional boundaries of enterprises.<>More than the basic ERPSAP has garnered some positive reviews and around 7.7% share of the global enterprise applications market due to its mature operation policies, faster gain on higher ROIs, enhanced productivity with controlled risks, and smooth flexibility with attenuated costs.
-Scalable data management SAP can accumulate scattered data from multiple sources in one place and organize and centralize information for future business access.Support With the best software support services in the industry, SAP, and Algorithm provide peace of mind about your organization.Customizable features Through strong partner relationships and an open ecosystem, SAP provides the choice and flexibility to find the best fit software.Cost SAP offers 23% lower implementation costs per component and 9.3% lower total software, service, and support cost per user than its competitors.Security and risk control SAP has the global certification from the British Standards Institute to ensure that consumers’ privacy rights are protected.Real-Time ERP SAP supplies real-time intelligence through the in-memory of SAP HANA (High-Performance Analytic Appliance).
<>Creating Impact Across Industries Let’s how market leaders are leveraging SAP-To simplify complex and disjointed processes and also speed up access to information, Siemens started using SAP and recently migrated to the SAP HANA.
