ERP Implementation Plan – Benefits and Challenges
The pandemic accelerated change in every aspect of business and lifestyle alike. In a constantly changing economic environment, stagnation is the worst enemy. For companies seeking to expand, seamless processes and flexible tools are crucial. Therefore, digital transformation and ERP implementation plans should be your top priority, which involves implementing and integrating digital technologies. Often, business management software implementation is a time-consuming and resource-intensive process. This article at CIO Insight by Don Hall speaks about the best practices for an ERP implementation plan.
Importance of ERP Solution
An ERP software combines accounting, purchasing, sales, marketing, finance, supply chain management, human resources, and other daily corporate processes. The main goals of an ERP implementation plan are cost optimization and operation efficiency. Any departmental procedures that are interconnected can be coordinated and executed more effectively with better outcomes using an ERP. A centralized database of real-time data will allow businesses to plan, budget, and forecast more efficiently. Additionally, ERP helps in collaboration, increases productivity, and provides a macro view of all operations. This enables better-informed decisions, enhanced customer service, and increased data security.
Expertise Required for ERP Implementation Plan
During implementation, an organization must configure its critical processes first if it wishes to remain operational. Collaboration between CIOs, CTOs, and other department leaders is essential to prevent delays and productivity stumbling blocks. Soft skills like conflict resolution and teamwork and the ability to provide any training or support services after installation are equally crucial for ERP implementers, apart from acquiring top certifications and technical skills.
Common ERP Implementation Errors
CTOs should develop a flexible ERP solution with the implementer and get critical stakeholders’ buy-in to avoid common ERP implementation failures. Here are a few common ERP implementation errors:
Ineffective change management methodFailure to realize benefits of ERP solutionChanges in business goalsPoor project management and planningDelay in vendor deliveries
Furthermore, the author elaborates the goals and objectives, collaborating with third-party ERP implementation experts, and executing the ERP implementation plan.
To read the original article, click on https://www.cioinsight.com/enterprise-apps/erp-implementation/
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