ERP Selection Basics: Software Selection

ERP selection price plans

ERP Implementation Foundations – Software Selection And Candidates

ERP implementation requires the right basis for success. As such, software selection is a crucial pillar. Choosing the right ERP solution dictates your methodology. From the benefits to the strategy, this choice is vital.

Today, we’ll revisit the NBS software package selection guidelines. Let’s break down the candidate selection process.

This step depends on your requisites. If you haven’t listed your needs, make sure to read our tips.

How to identify candidates for ERP software selection

ERP implementation’s first step is finding solid solutions. That means curating a list based on your requisites. Doing this, you make software selection considerably easier. However, it’s as beneficial as intricate.

Your candidates must meet a checklist. That includes pricing, integrations, and features. Your selection team is responsible for this list. Ideally, you want it to be as specific as possible.

Software selection analysis before ERP implementation

Once you have some candidates, you must analyze them. That means researching and comparing each one. Naturally, this step needs more attention to detail than your general list.

That’s because it’ll dictate your final decision. You can purchase or develop a new ERP system. Luckily, most products in the market fit several needs and goals. Open API functionality also allows for more versatility.

Predefined criteria

ERP selection comes from your requisites. After listing expectations, these pointers will be your criteria. See them as a checklist. Common needs tend to include the following:

  • Affordability.
  • Financial management.
  • Cross-platform integration.
  • Workflow management and automation.

From those basic needs, we can create the following criteria:

  • Relation between pricing and features.
  • Accounting, inventory tracking, and asset management.
  • Connectivity with other software.
  • Intuitive workflow creation features.
  • Process automation.

Now, you can analyze your candidates using those features. Separate the solutions that better match these criteria.

Candidate comparison

Finally, we choose the ideal candidates by comparing them. Think of your requirements as a points system. The best candidates will match most (or all) of said requisites. The closer they get, the better they will be.

That’s why you only want a few candidates. You can use the general requisites to do that. During analysis, you become stricter and more specific.

ERP selection vs. development : Making the right call

When comparing your software, you might find that none meet every criterion. In these cases, you’re not out of luck. You can develop an ERP solution for your company. ERP development services let you ensure you meet all your requisites.

On the other hand, it might be more expensive. In some cases, we’ve had clients prefer foregoing some features for affordability. In that case, you must go back to your MSCW guidelines.


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