Implementing new ERP: What will be my challenges?

Are you relying on one software to manage your accounts?

Is there a difference in inventory management?

Is your CRM taken care of by a dedicated tool? 

Aren’t you wasting a lot of time, money, and other vital resources on managing different departments?

Why drain resources when the same potential could be utilized towards achieving your business goals and objectives? 

What you need, my fellow business operator is an agile cloud-based ERP system. It can streamline and simplify all the operational processing for you. Furthermore, it will help you focus on the actual task of taking your business ahead with increased productivity and maximized efficiency. 

We understand there might be many ifs and buts in your mind regarding making such a huge investment in ERP implementation. This is why we are here to present to you some challenges that you might face while implementing a new ERP system in your business.  

• Understanding your business’s goal 

Technology Evaluation Centre stated that over 80% of the respondents reported their evaluation of whether or not the ERP is a right fit for the organization is often overlooked. What many businesses mistake while implementing a new ERP is that they do not take into consideration their business’s requirements. They then face issues, when the ERP does not function in alignment with those demands. This is why it is important to have a thought-out plan. You should cover what are the areas of your improvements, where you are lagging. You should also take into consideration which are the critical tool and technologies that you’d like to retain. Keep those that don’t serve the purpose anymore as well.  

• Choosing the right ERP implementation vendor 

Did you know that in a TEC survey, a staggering 50% of the respondents state poor choice of the ERP implementation vendor being the reason for their failure? Yes, while you have a well-thought-out plan, you need professional expertise. To guide you on how to implement the new system in your business, you need Acumatica experts. Tayana Solutions holds extensive experience in implementing leading cloud-based ERP, Acumatica for manufacturing business.

A cloud-based software, Acumatica has helped SMEs across the globe with maximum success rate. There are certain things that you need to keep in mind when looking for an ERP implementation vendor. Such as have they worked for businesses similar to yours? What are the pricing criteria? What are the challenges they have faced and how have they resolved them promptly?. Last but not least, what are their charges? Thus, the answers to these questions will help you narrow down your search and make a well-informed decision.  

• Not enough budget 

ERP implementation can quickly become a costly affair if you do not have your aforementioned sorted. There are a number of factors that play a critical role in deciding the scope of work and the investment involved in ERP implementation. Hence, it is important that you have your goals and objectives clear from what you want your ERP to accomplish.  Furthermore, don’t forget to add the upkeep and maintenance cost while estimating your budget. This is because upkeep and maintenance take up a significant portion of the expense.  

• Data Migration issues 

If you are unable to access your data after the implementation or lose your significant data in the process, then your ERP will be a huge flop. It is important that you choose a vendor who has a demonstrable history of perfect data migration without any loss. Also, they should be able to handle data loss in an efficient manner, without compromising on the quality of the process. 

We hope we have covered all the challenges along with their solutions. This will help you make a well-informed decision regarding transitioning from dedicated software to a single solution for the entire organization.  

With a cloud-based ERP system like Acumatica implemented in your business processing, you no longer have to worry about disparate systems, siloed knowledge. Since that will be of little to no use once it’s gone. Tayana solution’s implementation of Acumatica will ensure that your business processing is smoothened. Furthermore, it will ensure that there is a collaborative effort towards maximizing profit and enabling a higher return on the investment.   

Reach out to Tayana’s ERP experts today!