The Secret to Successful ERP Implementation
ERP or Enterprise Resource Planning is the terminology for a software application that enables a seamless integration of data across all departments and functions in an organization. It enhances the “enterprise” for making better use of “resources”, leading to their effective planning and channelization.
The ERP software gives many tangible as well as non-tangible benefits to businesses of all sizes. No wonder then that more and more businesses are looking for ERP implementation solutions. A few advantages of ERP implementation in any organization are:
Improved coordination across different business verticals including finance, marketing, inventory and stock management, manufacturing as well as HR functions.
Access to real time information for managers and other employees, as and when they need it
Overall reduction in expenses owing to lowered inventory holding costs, manpower costs, reduced lead times and increased chances of on time deliveries
Greater opportunity to track process loopholes early and resolve them promptly, making the business more responsive and efficient.
If you want your business to benefit as discussed above (and in other ways), you need to implement a customized ERP in your organization. The consultants at Synergy Resources can tell you how!
What does the ERP implementation process involve?
The process is fairly complex, unlike any other IT project. Many people tend to confuse “installation” with “implementation”; however, they are entirely different terms. ERP implementation centers on capital and resources and is aimed at bringing about a change in the way a business functions. After successful implementation, a business is never the same; it becomes much more efficient as all processes are streamlined.
Crucial factors that lead to a successful ERP implementation:
A clear business vision, mission and plan – There must be a detailed plan in place. The organization must be prepared to adopt the change. The budget and resources must be planned ahead.
Commitment and support from business leaders – Timely decisions must be taken by top management, including budget allocation and resource training. Change management must be enabled and reinforced as and when required.
Business processes – The existing business process must be evaluated with relevance to future needs. Many processes may need to be re-engineered. Inefficient processes must be removed and critical processes must be improved upon further for enhanced efficiency.
Project management – The scope of the ERP software needs to be evaluated, and the role of each business unit must be determined in advance. Critical processes and timelines should be defined within the schedule and budget allocated.
Vendor resources – Credentials of the ERP vendor as well as the application software needs to be verified. Also, the vendor must show commitment at each stage of the implementation process. Clear communication is important with the vendor as well as across internal verticals of an organization.
It is imperative that the top management in a company is involved 100% in the implementation process. The vendor must always keep the business vision and needs on priority in the transition phase from old system to the new ERP’s implementation.
Partner with Synergy Resources to ensure a smooth and successful ERP implementation. We are with our customers at every stage; improving your business is what our real business is all about!