This step, like all others on the roadmap to your optimal ERP solution, is critical. Too many companies hit the go button before truly understanding the costs of the project, which can lead to all kinds of fiscal instability. Working in the dark on costs can and should be avoided. And while estimating costs isn’t an exact science, if you are working with the right tools, you will have a good ballpark understanding.
What do we mean by the right tools? Well, you need a way to estimate costs, and you need to have a reliable way of scoping your company’s actual business software needs. And you MUST decide whether your company’s best solution is on-premise or in the cloud. Guidance and recommendations on these things are included in the tools for this step.
Step 2 includes:
– Bonus Tool: Total Cost of Ownership Estimator
- See your ERP Evaluation Kit welcome email for a link to this Excel document.
– Checklist: Business Requirements Questionnaire
– Article: Tackling the Cloud vs. On-premise conundrum
After reviewing the above tips and tools, you’re ready for Step 3!
ERP Kit Steps
1. Explore your ERP options
First things, first. You need to understand what ERP solutions are available and how they stack up against what your company's needs. In this step, you will learn more about your ERP choices and build a short list to work with.
2. Determine requirements & estimate costs
Before you can move forward with your project, you need to know what it's going to take, and what it's going to cost. In this step, you have access to calculators, estimators and other tools that help you get your arms around requirements and costs.
3. Get your business decision makers on board
Pitching your ERP project to the money people is made easier with tools and guidance.
4. Prepare your team for success
You need proven tools and approaches to set your company up for a successful implementation. Look no further.
5. Best players, best playbook
One of the most important steps is choosing the best implementation partner for your business. You need someone who can handle any business challenge with premium expertise and a culture that cultivates the best results for your business.