How to make ERP selection risk free?
- All department users to pen down their requirements and all must spend time for evaluation
- Ask for a trial from the ERP vendor.
- Try all these requirements of transactions and reports. This has to be a real deep evaluation and all users have to be involved.
- Make a list the gaps and decide the must-to-have and Nice-to-have.
- If must to have features are missing, it will obviously be a riskier ERP.
- Don’t fall pray for the customisation trap. It is not possible to build core features.
- Decide the what is required out of the nice-to-haves
- Check with their present customer about the product and the vendor’s support.
- Take a detailed budget proposal. Cost is the key that will decide the ROI.
- Now decide which ERP.
How to make the ERP implementation risk free?
- Requirement study (it is all done during trial)
- Setup and Configuration
- Master data migration
- Training and User accpetance (UAT)
- Cut off date
- opening balance migration
- Open entries
- Go live
Note: If you take the customisation before go-live, the ERP project will go into risk for sure with time delay.
Ideal time is to complete the full training and Implementation is within 2-3 weeks of time.
