How to choose the best ERP solution for your company
Every business experiences growing pains, and one of the most common is legacy technology. All too often, companies find the systems that once empowered them are now constraining their capabilities, which in turn is inhibiting their overall growth.
But knowing current technology is not fit for purpose is one thing, doing something about it is quite another. This is because the process of choosing new ERP solution can seem quite complex – and there are a lot of decisions to make during the process, all of which can impact the productivity of the end investment.
To help companies choose a new ERP system that best fits their business, BlueBridge One has put together some key questions to ask during that decision making process:Cloud or on-premise?
This is the first choice all businesses should consider when upgrading legacy technology. Cloud-based solutions are attractive for several reasons, not least the fact it outsources much of the responsibility. With the cloud, the system is managed directly by the technology vendor and housed in a vendor managed data centre. It is also regularly upgraded to the latest versions with little or no input from end-users, and automatically backed up by the vendor.
On-premise solutions, in comparison, involve greater up-front expenditure, are less flexible, less scalable, and it is generally a more onerous process to carry out upgrades or fix technical issues in-house. However, if the business has connectivity issues to the internet it may be the only option.Multiple line of business or one enterprise wide system?
To choose the right system, companies also need to consider the complexities of their business set-up. This is because an industry-focused solution may closely match the needs of one department, but it may not always enable end-to-end processes that span multiple departments.
Enterprise solutions are already fully integrated, which allows different parts of the business to work more closely together and facilitate business wide reporting across all departments. However, this can come at a cost in terms of functionality for certain departments that have very industry specific processing requirements.
The decision is whether organisations sacrifice some of the functionality in their existing line of business system for the benefits of having one system across all departments, no integration to manage, and improved cross department reporting.7 questions to ask before selecting an ERP vendor
There are many more questions to consider when upgrading legacy technology; to help businesses successfully make the transition, BlueBridge One has created a new whitepaper: 7 questions to ask before selecting your ERP vendor.
Download it today to discover what other key decisions must be made to match new technology with your future business needs.
Do you want to know what questions you should be asking before selecting an ERP Vendor?
Then download our white paper now to ensure you make the right choice.Download now ›