Over the past 12 years we have seen ERP solutions (designed for small to medium business) implemented in anything from one month to one year or longer. Investments range from $20,000 to multiple millions dollars for implementations that we have personally been involved in.
With this in mind, we can certainly bring you some valuable insights into how to keep the cost of your ERP implementation under control. Follow this 12-step infographic to get a better understanding of what the key factors are and possible ways to optimise the cost and get a better ROI.
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Over the past 12 years, we have helped many small, medium and large businesses make the right ERP choice and we have learned a lot in the process. Today we want to share this knowledge with you!
Want to be in control of your ERP Software selection process? Let us help you with this step-by-step guide to choosing the right ERP platform, no matter what industry you are in.
ERP Software selection – A business guide to choosing the right solution [Part 1]
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Key takeaways
Define your specific requirements and budget. Every business is different, and so are the requirements. Get all your departments – including Accounting & Finance, Logistic & Distribution, Research & Development, Human Resources, Marketing & Sales and Production – to list their specific requirements. Determine what budget you are allocating to your ERP implementation process.
Research your ERP options on the Web – Using your requirements list and allocated budget, get an idea of what ERP software you can research further by looking them up online. Use software comparison sites like Software Advice and Capterra to research the options by Industry, Business Size, Price range, Modules and more.
Choose whether to deploy the ERP Software On-Premise or in the Cloud – We have previously blogged about the benefits of Cloud-based ERP software. However, the Cloud not always yields the same results for every business.
Talk to your peers – Contact other companies in your field or use industry-specific sites to discover what ERP platforms work for other businesses similar to yours. Collect information from other businesses, government bodies, trade publications, industry associations, and market reports.
Shortlist possible ERP providers – Based on your investigation select possible ERP vendors/resellers.
Contact ERP Providers – Contact ERP companies that specialise in consulting and implementation of your selected ERP systems.
Conduct a discover meeting – Meet the potential ERP implementation partner to go through your list of requirements, budget, and implementation timeframe.
Feedback from the first meeting – Ask the potential vendor/reseller to provide a budgetary estimate for the project. Make sure to include Hardware, Cloud, Software, Services and annual fees.
Demo presentation – Ask the potential suppliers to demonstrate the ERP software for you and your team. The demonstration should be tailored to your requirements, using some of your data.
Conclusion
If you are looking to implement a whole of business solution to fuel your business growth, let this ERP Software selection infographic guide you through the steps to remain in control of the process.
Are you implementing or have implemented an ERP solution in the past? Leave a comment below to let us know your experience selecting the right ERP software!
Leverage Technologies was launched in 2005 with the vision of becoming Australia’s largest ERP implementation partner.
12 years, 230+ clients and countless ERP implementations after launching in 2005, we look back at our journey and the most important milestones.
Our story
At a glance
2005 – Leverage Technologies is launched with a vision of becoming the leading ERP implementation partner in the Australian market.
2006 – First SAP Business One site goes live
2007 – Leverage Technologies becomes a Gold SAP BusinessOne partner. This is the highest accreditation available from SAP.
2008 – Leverage Technologies is awarded Partner of the Year ANZ and reaches an important milestone – 50 customers.
2010 – Leverage Technologies wins SAP Sales Excellence Award and highest growth partner Asia Pacific, reaches an important milestone – 100 customers.
2013 – Leverage launches Sage X3 division.
2014 – Leverage has a major focus on Cloud technology with the deployment of SAP and Sage in the Cloud.
2015 – The Sage team wins Sage X3 highest revenue award. First SAP HANA sites go live. Begins implementation on some of the largest Sage X3 sites in Australia.
2016 – Leverage reaches an important milestone – 200 customers. Wins SAP Partner of the Year Award, wins Sage Partner of the Year Award, launches MYOB Acumatica(formerly MYOB Advanced) division.
2017 – Leverage wins Sage X3 customer satisfaction award, 50 team members and growing. Celebrates 12 years of double-digit revenue growth. Acquiring new customers at a rate of 1 per week.
