How to avoid the common pitfalls of ERP selection

Many organizations are in process of selecting a new ERP system for their organization but when selecting a new ERP system, here’s how to avoid the common pitfalls. 1.        Lack of a systems strategy The first priority when setting out to select a new ERP system is to have a clear vision as to what the company is looking for. We need to know what’s definitely in scope, what’s definitely out of scope and what might be in scope should the right solution be available. This should be driven by a systems strategy that assesses the benefits of implementing ERP – strategic, financial and intangible – and the likely costs of the various options. Unfortunately, many organizations jump straight into systems selection projects without taking the time to consider what the business needs and what it’s going to cost. 2.        Inadequate specification of requirements Many companies fail to spend time defining and doc...