When businesses consider implementing an ERP Software, there are a couple of major drivers and a few minor drivers.
There are no set scenarios for implementing an ERP software. We have seen Billion dollar businesses run its core process on spreadsheets and have seen micro businesses implementing a modern cloud based ERP system.
Yet if we were to pick one reason why most businesses implement an ERP system, that would be ‘Reporting, Analytics and Insight’ into the business.
From this broad perspective, specific reasons to include an ERP system include;
People based scenarios to implement an ERP system;
Provide a single platform to work across different teams and departments.
Offer structured processes to complete tasks.
Improve speed of work.
Record intangible knowledge into systems.
Take a data oriented approach to improve people oriented processes.
Build a common data repository across different teams.
Industries that most adopt ERP systems;
Processes and Workflows based reasons to implement an ERP;
When a process has more than 5 stages.
Interdependent and interlinked process involving more than two departments/teams.
Distant process. For example; onsite process is dependant on offsite process.
Looped processes where maintaining accuracy with a tolerance is important.
Collecting data across all stages of the process is vital for compliance and/or efficiency improvement.
Objectives, Targets, KPI’s driven reasons to implement an ERP system;
Take data based decisions to scale, be profitable and/or be more efficient.
Improve speed and accuracy of decision making.
Back decisions with data.
Use data to validate gut feel based decisions.
Improve reporting across the businesses.
Clarify priorities to drive business momentum.
