6 justifications to change your ERP system

6 Justifications to Change Your ERP System

In the end, creating a business case is about offering convincing justifications for upgrading your current technology. You might wish to incorporate the following in your business case for the reasons listed below:

Your legacy system is impeding your growth

The most straightforward justification for an ERP project is to merely replace your current system. Every organisation experiences a point in its development when the CIO or other executives realise that the software they are using is no longer adequate. A legacy system could become problematic for a number of different reasons. The growth of workarounds is one of them. Users can be using workarounds to carry out routine tasks if the business processes that your existing system supports have changed. Workarounds are exactly what they sound like: extra procedures taken in a system to get around a system that lacks capability needed to finish a task. Workarounds result in inefficiencies, which can raise expenses and lead to disgruntled workers.

Your business is undergoing a digital transformation

Accepting that business apps can exist in the cloud and don't have to be installed on-premise in order to be supported represents one of the major breakthroughs in the IT paradigm connected to digital transformation. Most apps need a significant upgrade or need to be retired and replaced when a business decides to move its IT infrastructure from an internal arrangement to a cloud-based architecture. A further change brought on by the digital revolution is the acquisition of new, cutting-edge applications by businesses to carry out auxiliary tasks. Consider the case where a business introduces a new expense tool. The new technology is incredibly popular with both employees and management because it makes it simple to submit, view, and approve expenses from any type of device.

Your business must be scaled

When business is booming, it expands, and expansion necessitates a stronger backbone for the company. Depending on the scalability of your ERP software, you may be outgrowing your system if your business has grown significantly since you initially deployed ERP. Some ERP systems are created for small to medium-sized organisations, while others are created for giant corporations. Others, however, are adaptable and scalable regardless of the size of the business.

You Use Questionable Data

The provision of inaccurate data to users and clients is among the worst crimes a business application can do. It's time to deploy a new system if your current one is giving clients false data or if faulty data is being used in demand predictions. This also implies that you should concentrate on ERP data migration. Your organisation will have to cope with erroneous or duplicate data if careless data management is not practised. However, you will be able to effortlessly connect the many components of recordkeeping and data processing if you have good data management and a contemporary ERP system. This enables your team to focus on activities that produce measurable outcomes rather than attempting to maintain corporate data up to date.

Improved Business Intelligence Is Required

A large worldwide retail chain is one of our former clients. Despite having a very successful business strategy, they were unable to fully integrate and understand all of their consumer data. Many businesses are in the same situation: they have a tonne of data to sort through but few sources of ERP business insight. Your organisation may require a new system with superior business intelligence if it struggles to comprehend, predict, and make decisions.

Improving Your Current ERP

The requirement for a software upgrade is another justification for an ERP project. There are a few primary causes for upgrading, each with somewhat distinct ramifications: Sunsetting the Current Software Version -Customers must update since software suppliers are unable to continue to support all product versions indefinitely. Normally, a vendor will contact customers in advance to assist them with a transition plan when a major version of their software is getting close to the end of its life in terms of technical support.

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Conclusion

The ERP consultants at ICONIC BIZZ can assist you in ERP Project Management activity that will enable you to secure the successful ERP implementation.

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