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ERP Selection

Envision | Identify | Evaluate | Select    

Enterprise Resource Planning | ERP

 

Enterprise resource planning (ERP) software is an integrated suite of applications designed to manage business functions, such as Financial Management, Supply Chain Management, human Resource Management, and Production, etc.

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ERP software is an important tool for your organization, so it is highly recommended to get it right from the beginning. A comprehensive and planned ERP selection process should support your overall organizational goals. A strong foundation of planning and strategy, and preferably experience, is required when taking on this task. It should not be taken lightly.

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There are several ERP systems that designed to fit based on organizations, industries, and sizes. Many ERP systems are flexible and can accommodate organizations of any size. For example, small organizations do not necessarily have to select a system designed for Small and Medium Businesses (SMBs). When implementing a system designed for large enterprises, small organizations can simply pick and choose the modules they want to implement.

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Digitility's ERP software selection process has built around industry best practices. Our SME's are carrying industry experience and have helped several clients on their ERP software selection process end-to-end. A high-level ERP software  selection process by Digitility:

Define Business Case for ERP 

Collect Functional Requirements

Develop Evaluation Criteria Matrix for ERP

Evaluate

ERP Software 

Functionalities 

Finalize Top 2 ERP Software

Packages

Select the ERP Package

Key Steps for ERP Selection Process: 

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  • Vision for ERP Digital Transformation

  • Identify the Strategic Alignments with Organizational Objectives

  • Form an ERP Selection Team  - Must comprise people from Business and IT Functions

  • Determine Your Functional Requirements such as Order to Cash, Procure to Pay, Record to Report, Products and Services, Inventory and Warehouse Management etc. 

  • Optimize Your Business Processes

  • Form an Organizational Change Management Committee 

  • Develop ERP Evaluation Criteria Matrix with Weighted Scoring Method 

  • Build a List of Possible ERP Software Packages that Meets/Exceeds Your Functional Requirements

  • Run the ERP Evaluation Scores Against ERP Functionalities 

  • Filter, Select, and Shortlist ERP Packages 

  • Schedule ERP Solution Vendor Demos 

  • Perform a Business Readiness Assessment

  • Negotiate With ERP Vendors

  • Finalize the ERP Vendor

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Digitility helps organizations from ERP Vision to ERP Selection via structured and disciplined planning and execution of all essential activities. A realistic approach to avoid ERP failure.

 

Our step-by-step selection process ensures you select an ERP package that helps you execute your Digital Transformation Strategy. A thorough ERP selection also reduces your total implementation time and cost – you won’t have to pay for excessive customizations as a result of selecting the wrong ERP package. Ultimately, you’ll optimize your benefits realization quicker and faster, as your ERP system continues to enable measurable process improvements.

Make

Things Happen.

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