ENTERPRISE RESOURCE PLANNING (ERP) EVALUATION
Choosing a new ERP software to run your business is with myriad of choices available can be challenging and overwhelming and the consequences of a misstep can be devastating, it is also one of the most important decisions your company will make. Assisting you with selecting the right ERP Fit for your organization is our goal, which will positively impact financial performance, growth and productivity.
BEFORE STARTING AN ERP SOLUTION EVALUATION
There are a range of reasons a new ERP system may be under consideration. The first critical success factor for any ERP implementation starts with an explicit documentation of the problems to be solved. Typical among these are:
- Process improvement
- Better management reporting
- Streamlined inventory & warehouse operations
- A more powerful ERP that can support a growth or geographical expansion
A review of problems to be addressed, capabilities to be gained and measurable expected outcomes will help to confirm that a new ERP solution is warranted.
SUPPORTING YOUR EVALUATION
At Val Plus Consulting, our team has experience of several ERP implementations, so we know how to ensure the right selection of ERP package for your business. We bring industry best practices into the decision-making process as we consider your desired operational model, financial requirements and IT strategy in determining which software to implement and the best deployment method for you.
We help and partner with you in ;
- Identifying the Product/Vendor based on the business need/budget
- Creating a roadmap for implementation
- Creating a Project Management Office Team (PMO) to implement as per the roadmap
- Facilitating and training users on the adoption of new technology through a Change Management process
Process
We study and understand your IT infrastructure the business process before implementation. Requirements are analysed and documented. The project scope is defined. Then different products and solutions are analysed meticulously and the process for the chosen products goes through several steps before implementation. The basic functionality of the product and the technology on which the product is based are considered.
GAP Analysis
As a company grows and faces new challenges, a continuous evaluation must be done on the current work processes and IT solutions so as to analyze whether they can address these challenges. Performing a periodic gap analysis in ERP implementation helps assess the direction in which a company is headed. Moreover, it can also determine whether the company is equipped with the right kind of tools to get there.
Some of the common issues that companies normally need to look into are:
- Streamlining day to day operations so as to improve productivity and profitability
- Recognize the need for collaborating with business partners
- Generate more insights for decision making
- Meeting regulatory requirements
- Adapting and scaling the business
Why GAP analysis
Most companies rely on a combination of manual and automated workflows, legacy applications, and databases to run their business. These systems may serve their purpose for quite some time, but will eventually run out of options for scalability leading to productivity gaps. In today’s highly competitive markets, inefficient systems can seriously affect the productivity, profitability, and growth of a business.