Signs It's Time to Upgrade your ERP System, and How To Do It
What do you do when you know it’s time to choose a new ERP system?
ERP systems interconnect and automate key business functions such as; inventory management,order processing, production, and finances in one, easy-to-use software.
It’s essential to any growing business to make sure their software isn’t holding them back, rather, propelling them forward.
You have to have the latest all-in-one solution that meets all of your company’s needs.
How do you know if it's the right time to upgrade or replace your ERP software?
It's time to upgrade your ERP system if:
- Your ERP software isn't cloud-based, or accessible from everywhere.
- It's not customizable, and catering to your company's way of doing business.
- There aren't automatic updates to your system from the back-end.
- You have a bad user-interface, and your employees find the software difficult to use.
- Your ERP system doesn’t meet the needs of today’s workplace, where users expect on-demand availability from any location and device.
What Should You Look for When Choosing an ERP solution?
- Software Compatibility
- Learning Curve
- Functionality
- Overall Cost
- Ease of use
- Deployment Options
- Scalability
- Adaptability
How do you choose the right one?
- Draw up a definite list of requirements
- The key is to map out processes that your ERP should support
- (80% of customers are unhappy with their current ERP)
- Decide on a delivery method
- Cloud ERP vs the outdated, on premise ERP
- (78% of American small businesses will have adopted cloud by 2020)
- Review the Project Budget
- Think about the immediate and long-term financial implications
- (Cloud ERP allows companies to recover costs within 2 years)
- (Kechie ERP has no additional costs apart from monthly license costs)Read about The Important Factors to Look for When Comparing ERP System blog to dive deep.
Efficiency is the most important factor of ERP selection; find an ERP that is cost-effective and will improve your existing processes, (or establish new ones) to select the best ERP solution for your company.
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