7 Signs That You Need to Replace Your Current ERP Software
It’s time to change your ERP software!
Should You Replace Your Existing ERP Software?!
An organization implements an Enterprise Resource Planning system after investing a lot of efforts, time and money. ERP software brings about a lot of changes in the workings of the organization and it takes time and training to switch to the new system. So why do organization replace their current system and when should organization replace their current ERP software? This takes place when there is scope of improvement and a chance of an improved Return on Investment or ROI. There can be various causes which lead an organization to replace their current ERP software such as better software quality, upgrades, easier management, new acquisitions, etc
Here are 7 reasons to take a serious look at replacing your current ERP software with one that is better able to support your company’s needs:
1. Problems with Present ERP Software
The organization may be facing problems with the current Enterprise Resource Planning system due to unsuitability. The system may not be suitable to the business environment causing difficulty in the business processes. This may increase with time and it may be time the organization replace their current ERP software.
2. No Support
Some ERP system do not support implementation of other software applications that are useful for the organization. This may be o disadvantage for the business making the organization replace their current ERP software.
3. Old Features
The current system may not have the new features and technical advancement. The organization may want to be up to date in the market and not stuck with old features. It may want to switch to a new ERP system to include the latest technologies to improve its business and have a competitive edge. This could be a reason when organization should replace their current ERP software.
4. People Work Outside of the ERP Software
Another strong indicator that it’s time to reconsider your current ERP software is if people are doing things outside of the system which should be an inherent part of your ERP system processes. This significantly diminishes the value and effectiveness of any ERP software. It creates silos of information, introduces process inconsistencies and inefficiencies, and makes monitoring and reporting difficult, cumbersome,
and inaccurate. This all points to the fact that your ERP system is broken.
5. New Requirements: As an organization expands, it may have new business requirements which are not taken care of the current ERP software. The
organization may look at expansion too which demands new requirements and latest technologies.
6. Management Issues
The current system may be getting difficult to manage. It may be very time consuming and involving a lot of money.
7. It's Costing You More Than You Think
If you haven't given thought to how much your legacy system is costing you, consider the fact that when that server that houses your legacy ERP system goes down or slows, you have the expense of replacing it. Not only that: when you have multiple locations for your company, you often end up using multiple vendors, and you have the cost of upgrading your software with each.