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If you are considering switching your ERP (Enterprise Resource Planning) software, there are some things to consider and keep in mind. One thing to consider is the current growth trajectory of your business and where you expect your business to be in the next 5+ years. This is one point that will help you to determine exactly what features you will need.
Let’s break things down a little further for more clarification.
Another step to take is to work out exactly what your key motivations are to change your current ERP.
You can define this by asking specific and pertinent questions such as:
If you’re experiencing rapid growth, your current ERP may not be equipped with all the features you need. The same applies when the software is outdated. We all know how quickly technology advances. Your ERP needs to provide you with enough real-time data to work with or it will be ineffective in determining results.
In order for you to make the change to the right ERP software to fulfil your requirements, you’ll have to identify and define the needs of your business. You’ll want to be comprehensive when compiling this list to be sure to cover everything.
What do your business processes and requirements look like? Once you’ve defined this, then you’ll be able to identify just what tools you’ll be looking for in new ERP software. Another consideration is software reporting. Is the software robust enough to track your growth and progress?
Another key point is inventory. Will it be spread across multiple locations? If so, ensure the new software has functionality for this.
ERP software has been tailor-made for different industries. Therefore, you’ll want to select software that’s dedicated to your industry. An example would be stock management for fashion and apparel.
If you fail to choose software that’s industry specific, you’ll simply end up with ERP software that’s lacking in essential tools to meet your specific requirements.
You also need to research customisation options of the ERP software and take the time to fully comprehend exactly what data needs to be migrated over from your old ERP to the new ERP software. When doing your research, determine just how data will be exported from your current ERP software and imported into the new ERP software.
You might even want to seek out some case studies on the software for some real life data on how it actually performs. It’s all about making the right choice.
Speak with an expert at QDOS today and start planning for the long term. We’ll help you select just the right ERP to suit your business requirements.