Optimize Your System: How to Avoid Implementation Sins
Enterprise resource planning (ERP) systems improve the way of doing business. By providing accurate, real-time information throughout your supply chain, an ERP system can help your company be more competitive. Seamless integration of information flows across all departments through a centralized database, provides a unified view of the business, and enables management to make more effective, timely decisions. A successful ERP implementation can provide better business intelligence, streamline business operations, reduce costs, enhance collaboration, and ultimately help you grow your business.
While most organizations rely on enterprise resource planning systems, relatively few are able to truly optimize the capabilities and functionality the software products can deliver. In fact, statistics show that more than 60 percent of ERP implementations fail to meet expectations. What constitutes failure? Not realizing the anticipated return on investment, extending the implementation schedule and go live date far beyond planned, going over budget by a large amount, interrupting the organization so much that business suffers, and stopping production and/or not delivering products to customers are the major issues.
But this doesn’t mean your project is doomed from the start. Understanding the factors that can interfere with the project as well as what items can lead to success is extremely important.
To read the entire whitepaper request access to our complimentary white paper portal which contains helpful resources to aid in your accounting software evaluation.
You need to login to view the rest of the content. Please Login. Not a Member? Join Us
The burden is often on the manufacturer to create the nutritional labels for the food they produce, however, manually creating these labels can result in some unwanted consequences. Since the FDA has labeling requirements, there can be some hefty fines related to mislabeling issues, as well as operational costs to fix the errors. In fact, […]
Manufacturers who bottle beverages, can goods, process fruits and vegetables, or even bake desserts all have a lot of concerns that they have to consider throughout the supply chain process. These products are being consumed by the public and can have an effect on customer’s health. Further, there are a lot of guidelines that are […]