Thursday 28 March 2013

5 Things to Consider When Implementing a New ERP System


      Selecting the Right ERP Solution
With so many options available when it comes to selecting an ERP Software solution, finding the right one for your company can sometimes be a long and stressful process. Companies must first identify their own specific requirements and business objectives then determine which ERP solution offers the best features to suit those needs. Top10ERP.org offers an excellent free service, which allows companies to identify and compare best fit ERP Software solutions based on specific manufacturing processes, industries and technology requirements. The service significantly reduces research time and assists companies in finding solutions that best fit their needs and their budget.

Establishing a Project Budget and Timeline
The project budget and timeline are obviously two of the biggest factors when implementing a new ERP system or upgrading your existing version. The project budget should not only include the cost of the ERP software, but also any additional resources, consulting fees or services that may be required. It is very important to consider all the variables and identify any additional expenses that may be required during the initial project proposal phase. The last thing you want is to run into unexpected expenses half way through the project, resulting in an uncomfortable meeting with your CFO to request additional money.

The project timeline is equally as important as the budget. The timeline usually depends on the overall scope of the project, size of the organization and available resources. Some companies may prefer to go-live simultaneously, whereas larger companies usually work in phases, implementing the new system one region at a time.

Building the Project Team
An ERP implementation project is not a one-man show, it requires the expertise of a dedicated project leader, IT experts and the maintenance or procurement team that will be using the software on a daily basis. The project leader will be responsible for establishing a project plan to ensure that tasks are completed on time and within budget. The IT experts will be involved to assist with any technical requirements and the upload of legacy data to the new system. Finally, the maintenance and procurement team will be involved to address any company specific issues or requirements such as the data entry process, standards and format.

Evaluating Existing Data Quality
Data quality is often an overlooked area that can greatly affect the results of an ERP implementation project. As we’ve mentioned before, if you put garbage in, you get garbage out. The same idea applies to data. If the existing legacy data is uploaded to the new ERP system with inaccurate, inconsistent and missing information, users will experience significant inefficiency and will not reap maximum return from the ERP investment. For this reason, it is important to evaluate the data during the early stages of an ERP implementation to determine whether or not the data requires cleansing. I.M.A. Ltd. offers a free data evaluation, which will analyze the condition of your existing data, provide actual samples, and suggest solutions to resolve data quality issues. In the big scheme of things, data cleansing is a small price to pay to capture immediate cost savings and long-term ERP benefits.

Managing Post Implementation Change
As Charles F. Kettering said, “The world hates change, yet it is the only thing that has brought progress.” Change is inevitable and can sometimes be a scary thing for those who have done things a certain way for a long period of time. Change in the work environment can also bring job insecurity, frustration and anxiety for employees if not managed properly. The key to effectively managing change is to thoroughly educate employees, while reassuring them of their role in the company and the benefits that the change will deliver. During the transition, make yourself available to employees for questions and encourage them to make suggestions and/or voice any concerns that they may have. Provide each employee with informative materials, such as user manuals and data sheets, to refer back to until they are comfortable with the new system. The most important thing is to maintain a positive attitude and not let employees get discouraged.

An ERP implementation is a very big project for any company to take on, whether it be a small business or a large global corporation. Every project presents different challenges and requires a very strategic approach. If managed properly, your project will be well worth the time, money and resources you have invested.

For more information on Data Cleansing and related services for ERP implementations, visit www.imaltd.com or contact info@imaltd.com

28 comments:

  1. Ornate TechnoServices Pvt. Ltd. ERP system is packed with powerful features is extremely easy to implement and use. Services include- ERP Software Solutions, CRM Software Solutions, Enterprise Business, and Manufacturing ERP Software.

    ReplyDelete
  2. Thank you for providing the tips. I am using such erp system that is offering me all the features given here with.
    Quadra ERP Software For Construction Industry In India

    ReplyDelete
  3. Thanks for your greatful informations on ERP Implementations.
    It looks like you spend a large amount of time and effort in writing the blog. I am appreciating your effort.
    Erp software demos brings various integration/touch points that helps the participants experience the different functionalities of an ERP System closely.
    Thanks for sharing such a nice blog...

    ReplyDelete
  4. Thanks for your valuble posting it was very informative i am working in Online Shopping Chennai

    ReplyDelete
  5. This is very interesting; you are a very experienced blog site writer. I have completed up with your nourish and look ahead to looking for more of your awesome publish. Also, I’ve assigned your website in my group networks!

    online ERP software

    ReplyDelete
  6. Thanks For Your valuable posting, it was very informative. i am working inCheap Crm System Company In Chennai

    ReplyDelete
  7. Thanks for your valuable posting.I have collect more than information from your website. It is really wonderful blog. please added more than tips. i'm working in content management In Chennai .Here providing very low price CMS , responsive webdesign and ERP. you have any more than information kindly make me call this number 044-42127512 or send your mail info@excelanto.com.

    ReplyDelete
  8. Really a nice post,thanks for sharing with us!!! Omega software offers ERP Software in low cost.

    ReplyDelete
  9. Thanks For Your valuable posting, it was very informative. Am working in Erp Software Company In India

    ReplyDelete
  10. ERP addresses the needs of multi-division, multi-location and multi-currency nature of businesses which was not the case with MRP or MRP II and also, with the earlier computerized functional systems for each function.

    ERP Market in India

    ReplyDelete
  11. This is great blog keep it up.Thanks for sharing. payroll software | erp software

    ReplyDelete
  12. Franciscan eCare provide School ERP Software is a web-based application and it can be access anywhere, anytime with login-id and password. With the help of this ERP software you can reduce the communication gap among parents, teachers and administration.

    ReplyDelete
  13. Very Informative blog. Thanks for sharing.
    Also check this blog Top CRM Statistics – Trends You Need to watch out for 2016
    If you need more information about business management solution, Check our blog at Sage Software solution

    ReplyDelete
  14. Well post in recent day’s ERP is essential in managing your complete business. Thanks for sharing! ERP for Real Estate

    ReplyDelete
  15. Thanks For Your valuable posting,this is for wonderful sharing,i would like to see more information from your side.i am working in Erp Software Company In Dubai

    ReplyDelete
  16. Microsoft ERP Software is the best erp software for small business, with the help of Enterprise Resource Planning Implementation you can automates core business operations such as lead-to-cash, order-to-fulfillment, and procure-to-pay processes.

    ReplyDelete
  17. Thank you for your great information. It will be very helpful for me .....Web Development Company Bangalore | Web Design Company Bangalore

    ReplyDelete
  18. Wonderful information...Pls visit us: web design india

    ReplyDelete
  19. Great Article..thanks for your valuable posting..It was very informative..i am working in a erp in chennai

    ReplyDelete
  20. Great article! Thank you for sharing your knowledge and experience! Good job! Have a nice day!! software for agencies

    ReplyDelete
  21. Really a nice post,thanks for sharing with us!!!
    For more related information visit us. ERP Software.

    ReplyDelete
  22. Hi, all right brother there are certainly multiple blogging web pages, but I recommend you to use Google’s free blogging services. Because your blog is in the search engine when I search for 5 Things to Consider When Implementing a New ERP System. Great article to read and thanks a lot for sharing this with us.

    Top 9 Medical Marketing Ideas and Strategies That Can Really Work 4 Your Medical Business.

    ReplyDelete
  23. Enpersol Technologies is one of the Best HANA implementation company in pune india offers a range of high quality services ranging from SAP consulting and made up the best experts in the industry, and help you build and support SAP HANA in your organization.



    ReplyDelete
  24. digital marketing company for marketing on internet about products or brands or businesses..

    ReplyDelete