Many business processes can be automated using an enterprise resource planning system, enabling efficient management of everyday business operations. This technology boosts the growth of a wide range of businesses and simplifies all complex business processes, making it easier for the company to control.
A modern ERP system is flexible, scalable, and modular, making it ideal for businesses of all sizes. You can customize it according to your business requirements. With the right system in place, this technology can solve any business challenge.
Here are some ERP implementation myths that many businesses believe to be true. Because ERP implementation involves planning, replanning, decision-making, time, and resources, it’s important to distinguish myth from fact. Businesses invest significant amounts of money to improve the productivity of their companies.
Myth #1: Relying Only on Internal Sources Saves Money
Throughout the day, your internal team is involved in various activities. Splitting their time between the ERP implementation project and everyday work will be stressful. Vendors can support the internal team, so they are less stressed. This means more will be accomplished each day, which will generate revenue.
Myth #2: Employees Don’t Need to Know About New Software
Businesses implement new software when the old software no longer works for the company. Part of planning for new software includes discussing it with employees. If you want them to adopt a new system fully, they need to be able to voice their opinions and concerns.
Myth #3: Your IT Team Knows What’s Best for Business
The IT team is undoubtedly the heart of a company, and they know how best to grasp the existing technology architecture of the business. Their expertise lies in identifying the current system’s flaws and rectifying them easily.
However, assuming they are familiar with every emerging technology and trend is incorrect. Even they must do their research and learn more about new products. In order to assist during implementation, they should receive training on the technology from all angles. While the in-house IT experts are valuable contributors to the ERP project, they do not have the expertise to select the best technology.
Myth #4: The Budget Can Be Set in Stone
The cost of implementing an ERP system cannot be fixed by a business, but it can be estimated. Implementation has a lot of parameters and variables, so you need to leave a little wiggle room. For example, you might opt for customizations. If some features aren’t a good fit, you may need to look for other options. Internal and external costs must be considered, including data cleansing, training, backfilling, steering committees, etc.
Which brings us to the fifth myth …
Myth #5: Customizations Are Unnecessary
We live in a highly digitalized and advanced world. Despite the fact that ERP offers business best practices, companies are of varying sizes and types. It is possible to customize modern ERP systems to effectively keep your business competitive.
The level of customization can vary depending on the needs of the business. Customizations are often done in order to gain a competitive edge. Therefore, having no customizations will not allow the company to stay competitive.
Sage 100 Is the Market Leader
Sage 100 is a business management solution that integrates everyday business activities. The system optimizes all the company’s core functions. With Sage 100, you can customize features based on your industry’s needs. Training and support are provided by the ERP vendor. The Sage 100 suite of features is perfect for businesses looking to grow and increase their revenue. Implement Sage 100 to make an impact on your business.
With Sage 100, you can reduce operational expenses, improve business productivity, increase operational efficiency, and forge stronger relationships with customers, vendors, and suppliers. Schedule a free consultation today if you want to reinforce your business fundamentals and emerge as an industry leader.