What To Look For In An Enterprise Software Company

Everything that one does in a business requires the right decisions. After all, a wrong decision can ultimately make or break efficiency of business operations.As such, it’s important to come up with the right decision when it comes to the software to be used for your business’ operation. Choosing the right system can greatly boost one’s productivity, as well as the efficiency of operations in any department.

But, how can you choose the right enterprise software company to work with?

Checklist for choosing the right ERP Company to work with

  1. Determine requirements for the business
  • Consider how your business works – your business process
  • Typical ERP features the following functions:
  • Financial management
  • HR management
  • Purchasing
  • Inventory management
  • Supply chain management
  • Customer relations management
  • Business intelligence and reporting
  • Map out or track the product or service lifecycle.
  • Come up with a vendor selection criteria
  • Take into account the following factors of the ERP:
  • Deployment (in-house or cloud-based?)
  • Scalability (expansion)
  • Implementation (timeframe)
  • Integration (current software used alongside with the new ERP?)
  • Accessibility (use of a mobile app?)
  • Customization
  • Support and recovery (access of support?)
  • Training (in-house training or vendor sends trainer for users?)
  • Draft a budget and timescale
  • Consider the potential costs outside of the software purchasing.
  • Consider hardware outlay and its maintenance along the way.
  • Assess ERP vendor options
  • Seek out ERP vendors that specializes in your field or industry.
  • Create a shortlist and ask for more information
  • Make comparisons
  • Create a scoring system to quantify how one vendor measures up to another.
  • Sample criteria you can use:
  • Applicant tracking
  • Work order management
  • Sales forecasting
  • Fleet management
  • Take time in making a decision
  • Make appropriate research.
  • Properly outline the company’s goals and expectations.
  • No need to rush making a decision – rushing can often lead to messy failed implementation incidents

So, are you now ready to choose your ERP provider for your business?