If you’re invited to participate in a management council for a mid-market company, sooner or later you’re going to hear those words “How fast can we do an ERP Selection project?” The statement is often made after months of discussing the potential purchase of a new ERP system.
So How Fast Can a Company Select a New ERP Software System?
Transforming your old legacy system to modern software solution is not a quick project. It involves a thorough review of the existing system, the evaluation of multiple ERP vendors, and an ERP implementation project that will consume a major part of your key people’s time. Having said this, it is very important to consider time to benefit with this initiative. You want to take the most direct route in your ERP selection and implementation process.
The ERP selection project is an important part of taking the most direct route to the goal line. If you do this step right, you can shorten the implementation process. Therefore do not short change this part of the ERP project or it will extend your overall timeline.
Most mid-market companies do not have much “currency” in modern ERP software. A few of your team members have probably used a more modern system than you currently have, but it is unlikely that they have gone through an ERP selection in the last year. Technology is changing so fast that it is impossible for your team to quickly understand all the factors in such a short period of time.
Successful ERP Selection Project Requires ERP Education
At Ultra we place a great deal of emphasis on ERP education in an ERP selection project. We see the entire lifecycle of transforming legacy systems to modern ERP technology as an educational process. The faster your team can learn, the faster the velocity of the entire project.
Here are the main steps you need to conduct prior to selecting a new ERP system:
- A thorough review of your current processes
- Getting educated on ERP “best practices” for your industry
- Defining what the future state of business processes will be
Once you have completed these steps you are ready to begin evaluating ERP vendors.
So the question should not be how fast can I select a new ERP system, but how fast can I get the team educated and ready to get through the project on the most direct path. Do not focus on ERP selection speed; focus on ERP education and understanding how new business processes in new ERP software will improve your business.