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5 Factors to Consider When Choosing an ERP System

Factors to Choose an ERP

All glitters are not gold. Just the name ERP doesn’t mean you can enjoy a smooth business process and the other perks that come with it. If you want to fulfill your desire for a powerful tool, going for an ERP with the right functionality is key.

And guess what? It’s not a one-fix for all. Thinking you need the same functionality as the other company is like comparing apples and oranges. Every company has different goals, targets, sizes, and various factors.

If you’re confused among multiple ERP service providers and making your decision, this blog is a godsend. We have narrowed down the list to 5 ERP selection criteria. It will give you a clearer picture of how ERP can serve your business.

Now that the stage is set, let’s get on with how choosing an ERP system.

Company Goals

There’s a general question asked in interviews, “Where do you see yourself in 5,10,15 years?” Instead of candidates, if you ask the same question to stakeholders about their businesses, you’ll get different responses from all of them.

Why? Because every company has different goals and methods to achieve those goals. Now, the ball is in your court to decide your personal business goals and whether ERP will help you achieve them.

Discovered what your company needs? Now is the time to find out which ERP system can help you achieve your goals. Choosing the right weapon for the battle will make sure you win it. So make your choice wisely with the ERP modules.

Budget

Time might be money, but money is still a necessity to keep the business rolling. It’s why at the end of the day, businesses want to generate profits and decrease their expenses.

So, here are some questions they’d want to ask

  • Is it worth investing in an ERP?.
  • Is it a justifiable cost quoted by the ERP service provider?
  • What is the ROI (Return on Investment) expected from the ERP implementation?

It’s important to have the consent of top-level management as it’s a significant investment. No one wants upset bosses and stakeholders.

In addition, also keep in mind that ERP implementation isn’t the only cost you have to bear. There might be other things like maintenance, training, and similar others. That should be clarified with your service provider choosing an ERP for small businesses.

Implementation Speed

Good things come to those who wait because the Rabbit did win the race. That’s very easy to say, but when business processes are scrambled, patience can go out the window.

When the answer is ERP, you’ll need to evaluate how quickly you need it. Is there an extended delay in your work progress? Do you want to get things done on an urgent basis? These can be just a few things to take into account.

All uncertainties need to be removed by the ERP provider you’re going for. If that’s not the case, hear the alarm bells telling you to find another ERP in Pakistan.

User Interface

ERP for small businesses is not all about functionalities and features. It’s also important to have a pleasant experience for the one using it. Therefore, the user interface needs to be elegant, easy to use, and simple to understand.

You might be wondering why it is of such significance. Well, as business owners, you and your employees will have your hands full with other operations. Therefore, spending too much time just understanding the ERP system might not be feasible.

The flip side is if you have an easy-to-understand ERP and safe time, which can be utilized elsewhere.

Training Needed

No one can be the Jack of all trades. Not even Jack Sparrow, as he drowned in Davy Jones locker. The same goes for your employees, who may not have the technical prowess needed to optimally use the ERP for small businesses.

In order to ensure productivity, you may want quality training from ERP specialists like the ones you’ll get at ERInsight. But, more than just the implementation of ERP, we kick it up a notch. With our ERP after support, we smoothen your business processes.

What’s Next?

Choosing the right ERP for small businesses is like building a solid foundation. If that’s weak, all hell will break loose. All your time and effort will amount to nothing. Knowing the ERP selection criteria means you won’t have to deal with unfortunate situations.

Get in touch with ERInsight and Book Your Free Demo. Our ERP expert is waiting for you.