What to Look for In Your ERP Vendor Selection

Posted on: March 21, 2018 | By: Craig Thompson | Acumatica, ERP Selection

The process of selecting a project management and accounting system to handle your business processes can seem overwhelming at first, but by focusing on your business’s core priorities you can select an ERP vendor with ease. Let’s dive deeper into the ways we can compare features and benefits of all ERP systems.

Productivity

When organizations decide to take their business to the next level with an ERP selection they are likely looking to speed up the efficiency of their staff. By reducing the time it takes to do tasks like manual data entry, employees can focus their time elsewhere. When comparing ERP vendors, you’ll want to access- what can the product do to make you and your staff more productive?

Functionality

Along with the productivity of your ERP system, you’ll want to access the daily functions that your business will be utilizing. For example, do your ERP vendor options include functionality that supports CRM integration with ERP? Does it support multi-entity organizations? These are just a few questions to ask yourself before making the final decision on your ERP selection.

Technology

Choosing an ERP system is a technological decision, but making sure that your selection’s usability, customizability, and maintainability works for your specific organization is key. Considering features like future upgrades, cloud capabilities, and the user interface design helps you determine if the ERP system leverages technology for your interests.

Value

While any ERP system is an investment comparing the features and functions vs. the cost will help ensure you are getting your money’s worth. Evaluating the lifetime of the product, the licensing, and the cost of additional products and services required to get your software up and running equips you to make long-term decisions for the organization.

Risk

Risk is always something you want to minimize with an investment like ERP. Examining how the product minimizes risk and facilitates security with both your network and finances is crucial. Considering features such as disaster recovery, deployment time, and monthly costs can prevent you from running into surprises post-implementation.

 

Here is a brief guide to show you where Acumatica stacks up across these 5 categories:

acumatica

For further inquiries, contact Logan Consulting, for your free consultation now! Logan Consulting is a Gold Certified Partner offering services in Illinois, Indiana, Wisconsin, and throughout the United States.

 



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