ERP or enterprise resource planning solutions refer to the use of applications, software, and tools designed to perform and manage a wide variety of business functions, including human resources, finances, sales and marketing, and manufacturing and production.
Whatever the size of your company or the industry it belongs to, there is a business ERP software tool that you can use to help you improve work efficiency and performance and achieve your objectives and goals.
Below are the steps you should follow to find the best business ERP solution for your company:
- Identify your business needs
The first thing to do when looking for a business ERP solution that suits your company is to ask, “What are the needs of my business?” Companies of different sizes or belonging to different industries can have different needs. A small business or startup may only need a business ERP tool with basic functions while a large or long-running organization may require more specialized and higher-level features. By determining what you expect to get from your ERP software, you can make a smarter decision about which one to pick.
- Take a look at the features
Cloud based ERP software systems are designed to perform a wide range of tasks. When shopping for one, some of the most important features that you have to look for are automation, integration, financial management and accounting, data tracking and analysis, and customer relationship management.
- Consider reviews and feedback
Because there are several options for ERP systems out there today, you also have to take into consideration the experiences of other people who have used them. To narrow down your choices, read customer reviews and feedback. Take note of the positive comments and common complaints. Weigh the pros and cons before making your decision final.
- Find out the quality of the customer service and support
During the setup and installation of your ERP or while in the middle of an important task down the line, you may encounter problems and issues that you will want fixed as soon as possible. An ERP system that is worth investing in must offer prompt and reliable customer support and assistance. Their customer service team should be available to provide answers and solutions and to help you overcome all obstacles and challenges that come your way. Otherwise, your operations are disrupted and there is a great risk of delays and losses.
- Set a budget
Adopting an ERP system for your business can use up a significant amount of your budget. It must be able to deliver and meet your needs and expectations so that you know it is something worth investing in. While searching for one, consider the costs. Research how much it will cost you to acquire, implement and update it. Find out what the costs of training are too. All these numbers are critical for you to come to the right decision for your business.