ERP (Enterprise Resource Planning) systems
Are an integrated suite of software applications that automate the core business processes of an organization. ERP systems are used to manage data across an organization in real time, including managing financials, supply chain, production, inventory, shipping, and more. ERP systems also provide users with centralized access to data, allowing them to make informed decisions quickly and efficiently.
Steps in Selecting an ERP System
1. Research ERP systems: Before investing in an ERP system, research and compare the features and costs of different ERP systems to find the one that best fits your business needs.
2. Set up a Trial of the ERP system: Install the ERP system with your sample data on your company's computers and mobile devices, and configure it to fit your specific business processes.
3. Run some test scenarios to ensure the outcomes are as expected and Detailed as required.
4. Train employees: Make sure the application supplier can adequately train your employees so they become familiar with the ERP system quickly. Check for adequate training materials and resources such as Video Tutorials, to ensure existing and new staff are comfortable with the new system.
5. Integrate the system: Populate the new ERP system with data from the legacy application and integrate to other business systems and applications, such as accounting software, customer relationship management (CRM) systems, and inventory management software.
6. Monitor the system: Monitor the system to ensure that it is running smoothly. Make sure you have direct access to the application provider so they can correct any issues that arise quickly to prevent disruption to your business operations.
7. Customize settings: Customize settings as needed to ensure that the ERP system is meeting the changing needs of your business.