Organizations that are on a growth path have absolutely no problems deploying an Enterprise Resource Planning (ERP) solution. And there are a number of good reasons to employ such a solution.
The availability of cloud options has made this an extremely lucrative opportunity for enterprises, allowing them access from anywhere and providing ease of deployment.
While Cloud ERP is relatively new, it is fair to have some questions swirling in your mind as to just how beneficial it can be for your company.
Here are 7 important elements that enterprises should consider before settling on a Cloud ERP solution:
#1 Enterprises must be absolutely focused on the business challenge that the solution addresses and not get carried away with the features and functionalities demonstrated.
#2 Ask for a trial version and make sure you are prepared from your end to utilize the time provided by the vendor.
#3 Even though the cloud version is fast and scalable, ensure you are getting scheduled updates and upgrades when they come out.
#4 Ensure every “I” is dotted and every “T” is crossed when it comes to the cost of the solution. This is especially important when you are looking at implementation, configuration, and post roll out charges.
#5 The relationship between your ERP provider and yourself should be not be limited to a proposal. The provider must work hand-in-hand like a partner and understand the nuances of your business.
#6 Ensure you are paying the right price for the right solution. Consider any discounts that the provider is offering and how the platform is structured.
#7 If your business caters to multiple geographies, ensure the solution offers a localized version across multiple languages.
There are many reasons to implement a Cloud ERP solution. If you want to know more about the hard questions you should be asking before jumping on board, click the link below for more information.