The costly and time-consuming selection process
Upgrading or acquiring a new ERP system undeniably takes a lot of time and money, and the selection phase takes up a significant part of that. The enterprise’s ERP system affects, and therefore needs to cater to, the entire business. There is naturally a considerable amount of pressure on the project team to get it right.
There is also a large number and wide variety of vendors to choose from, even after the consolidation shifts that have taken place in the market over the last two decades. This makes choosing the right system for your business an even more daunting, time-consuming, and costly process.
Selection process pitfalls
There are more than a few pitfalls to avoid during the selection process. Fortunately, addressing them early can make the process easier and help you make the right decisions quicker. Taking that time at this stage in the process can also help you avoid costly headaches down the road.
The common pitfalls that tend to put a serious spanner in the works can range from not specifying requirements that set your business apart from the competition, and ending up with the same limited industry standard as everyone else, to letting the vendor sell you a product that doesn’t quite meet your needs, based on a fancy demo. (Read our list of ‘Seven Deadly Sins’ here).
The quickest vendor selection method
As with most things in life, the quickest way to make the right decision is to do your homework and be prepared. Armed with a detailed list of requirements, and ready to challenge and test the vendor on how efficiently and cost-effectively those needs can be met, just happens to be the method that can guarantee you get the best system for your investment.
If you’re ready to tackle the selection process, we’ve got an even quicker way to help you get started. Come join us at the ERP HEADtoHEAD™ event on 20-21 June where you’ll have a selection of vendors all in one place, and you can challenge them head-to-head right there.
Following nine successful editions in the UK and Ireland, we are bringing our ERP HEADtoHEAD™ to the Netherlands for the first time. This event offers a unique opportunity to meet, compare and experience leading ERP vendors and their products. You will be able to eview the products based on a defined script, not a series of generic sales presentations. You can choose to attend demonstrations focused on Finance, Production, Procurement, HR, Projects, Sales Quotation or Sales High Volume.
So how about gaining knowledge on ERP systems that might otherwise take months of planning and meetings to achieve? This explains the success of the event, because it is all about one thing: efficiency!
