#5: Failing to Consider an Industry-Specific Solution
Most organizations start ERP selection with a list of the big names in the ERP software marketplace, research features, functionalities and total cost of ownership, and then schedule multiple rounds of sales presentations and demos.
Often overlooked in this process are the smaller solution providers that may better support particular industries and their specialized needs.
There are ERP vendors with exceptionally strong experience and domain knowledge in your vertical – and that understand your business and processes at a deep level. They offer important industry-specific features that bigger ERP solutions do not. Many times, they may be the best choice for your organization and your unique requirements. You’ll never know, however, if you don’t include them in your evaluation, listen to their pitches and see how their software works.
Think harder. Expand your search to include smaller ERP vendors with a solution built for your industry.