All posts tagged: ERP selection

ERP Software Selection Criteria and Vendor Checklist

Enterprise resource planning (ERP) systems are a valuable tool for any organization, and they can have an impact on every single part of your business. These highly sought after enterprise applications help manage activities including planning, research & development, purchasing, supply chain management, sales and marketing. There are countless ERP systems available, so it’s crucial that you make the right ERP choice that fits your organization.

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The Top Benefits of ERP Systems

Enterprise. Resource. Planning. System. The very phrase tends to inspire nightmares of complexity, high costs, and rearranging a company and existing business processes to fit the ill-defined mandates of a piece of software. In an age where monolithic systems are anathema, what possible benefits could there be for a company to use an ERP? The answer is “a lot”. 

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The Most Important ERP Capabilities

Enterprise resource planning (ERP) ranks high among the most comprehensive, powerful data management solutions available. For many businesses, ERP is an ideal solution for data analysis, automation, and full-scale infrastructure integration. Yet, with many systems available, each seemingly tailored to different industries, selecting the right ERP solution can seem overwhelming. Fortunately, the solution is simple: Ensure your prospective system offers these strong ERP functionalities. Solid ERP solutions have the following eight core capabilities in common.

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ERP RFP Template and Step-by-Step Guide

Selecting an enterprise resource planning system is typically an expensive and time-consuming process. Because of the importance and complexity of the decision, many organizations opt for a formal Request For Proposal (RFP) as part of their ERP system selection process. One of the primary ways used to create an RFP for ERP is to find existing templates that can be customized to your needs and then submitted to a shortlist of ERP vendors. But is this the best way to create your RFP for an ERP system?

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ERP Requirements Checklist and Template

Enterprise resource planning, or ERP, is a flexible data management solution used to streamline business operations and automate data-based functions. ERP is designed to meet the needs of a range of industries, including the financial sector, healthcare, manufacturing and distribution, retail and many other businesses. There are dozens of ERP systems currently on the market, each with varying levels of capabilities. To best collaborate with businesses, managers and ERP providers themselves, use this list of ERP requirements to help you select the right ERP system:

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