ULTRA GUIDE

ERP Maturity and Health: Is Your Business At Risk With Your Legacy System?

Assessing your ERP system's maturity and health is a necessary and critical process. It is one that determines the value and risk that you are receiving and managing, respectively, with your current system, and is also one measure of your company's overall performance.

🕑 20 min read ⚖ Independent, no vendor partnerships
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Written by the consultants who run these selections, not by a software vendor.

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ABSTRACT

Assessing your ERP system's maturity and health is a necessary and critical process. It is one that determines the value and risk that you are receiving and managing, respectively, with your current system, and is also one measure of your company's overall performance. Within this paper, our questions on ERP value ask if your company is being held back by an out-of-date legacy ERP system or the lack of an ERP system entirely, while questions on risk to your company and its ERP go beyond the risk management steps that account for daily maintenance or disaster recovery. This paper demonstrates how to measure the maturity and health of your ERP system, and what factors to account for initially as you decide to move forward with an upgraded or new system. Additionally, a calculation of approximate cost is provided, as well as checklists on value and risk to help you and your company start taking your first steps. Lastly, an appendix provides metrics and findings from a 2015 survey conducted by Ultra Consultants of ERP system users from manufacturing and distribution industries. The metrics and findings indicate a high percentage of survey respondents with older systems (5+ years) are not satisfied with the ability of their ERP software to meet their company's needs, and can clearly benefit from an assessment of ERP maturity and health.

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20 min read  ·  print-friendly
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Ultra Consultants
Independent ERP consulting since 1994. Over 1,000 selection and implementation projects for mid-market manufacturers and distributors. No vendor partnerships, no referral fees.