ERP Purchase Process : A Comprehensive Overview скачать в хорошем качестве

ERP Purchase Process : A Comprehensive Overview

ERP purchase process is uncomfortably long. If this is your first time buying an ERP, this video will provide you a comprehensive overview of the ERP purchase process. You will learn about the steps involved, your roles and responsibilities, and expectations from each step. RESOURCES & LINKS: ____________________________________________ Check this for more details: https://www.elevatiq.com/post/a-compr... How do ERP Systems Work?: https://www.elevatiq.com/post/how-do-... ERP System Evaluation Checklist: https://www.elevatiq.com/post/erp-sys... Download the ERP Selection Guide: https://www.elevatiq.com/guides-and-r... ____________________________________________ If you have never bought an ERP before, the process could feel overwhelming, but if you follow a structured process and have defined criteria, it will not be as confusing. Most importantly, it will help you select the right ERP software for your business. Because of this overwhelming nature and the risks involved with this purchase, some companies prefer to hire an independent consultant. These consulting companies can help define your requirements, develop purchase criteria, and make the right decision. However, not every company will be able to afford their price tag. In addition, although you are going to be investing in the ERP license and services fee for the consultant, you will still need to spend a significant amount of time from your side, and ensure that you have resources available for your ERP consultants to be successful. Your consultant will help you with the product and technical expertise, but you need to own the project for it to be successful. Furthermore, ERP discussions will require you to go through hundreds of requirements with dozens of vendors. And if you don’t have a structured methodology to evaluate, most solutions might appear similar. As a result, you might select the wrong ERP solution. You need to have a list of requirements, and you need to rate each requirement with rankings such as most critical, essential, and nice-to-have. The structured methodology will also allow you to back your decisions when you present it to your executives. Plus, an ERP project can’t be successful until the entire team is convinced of it. If you miss involving any specific function, you might miss incorporating their needs, and because of that, they might NOT be able to use the product. The more you involve your team during the evaluation process, the higher chances you will have of the project's success. Also, since each business and ERP project is unique, you need to be ready for surprises during the project. Finally, you can’t solely rely on consultants’ claims. You need to do a ton of research from credible sources, blogs, and YouTube videos to reduce risks and detect your consultants’ claims of overcommitments. While the process could vary depending upon the complexity and size of the business, An ERP purchase process contains 6-10 steps. We are going to review the ten most common steps that we typically notice with an ERP implementation. The process starts with an introduction call, followed by the high-level discovery with the champion. The high-level discovery could be combined with a high-level demo, or there could be a separate step for it. Until this point, your team will most likely not be involved. You might have a couple of team members from your side if you may not have answers for consultants’ questions. The next steps including an SME visit, a detailed discovery with your subject matter experts, and a scripted demo will require a significant amount of time from your team. The process will conclude with the scope of discussion and SOW negotiation. These steps will allow you to compare the finalists and move forward with the one you feel most comfortable with. Once you have signed the papers, you will be ready for your ERP implementation. In conclusion, the ERP purchase process consists of the ten most common steps, starting with an intro call and ending with SOW negotiation. The Site visit would be the most critical step while the scripted demo would be the least critical. When you are ready to commit with a consultant, pay very close attention to the fine lines of the contract as they will determine whether your implementation will succeed ...or fail! ► If you need help with your ERP implementation or Digital Transformation project, check out our offerings at https://www.elevatiq.com/ ►Subscribe Today for great ERP Tips:    / @elevatiq   ►Follow us on Twitter:   / elevatiq   ►Follow us on LinkedIn:   / elevatiq   #ERP #DigitalTransformation #CIO #CFO #Controller #ERPEvaluation #ERPSelection