EPR solutions are everywhere. What began as a business management software, is now a highly necessary part of business. By streamlining and accelerating many parts of the business process, it allows you to propel your business forward.
When it comes to an ERP implementation, you are physically installing the software. This means that you will be moving all of your financial data and users over to a new system. On top of that, you will need to configure your new system according to what works best for your business, and for your employees. We at Algorithm, know that the most important part of ERP implementation is to choose the best partner to implement it into your manufacturing business.
8 Tips to Successfully Implement ERP
Set Realistic Goals
The first step of a successful ERP implementation begins before the implementation, and it is in your goal setting. You need set goals that are realistic. Don’t set yourself up for failure, be realistic. What is the purpose of you implementing ERP software, and how can the ERP chosen help you reach these goals.
Plan accordingly, evaluate your goals and how capable you are of them with a new ERP system.
Choose the Right System
After setting your goals, then the next step is to choose your ERP implementation system. Rather than just jumping in, you should weigh all of your options. Demo products and truly evaluate your options. We cannot stress this enough, too many companies choose the first shiny toy they see when there are better options. Don’t just go with the first system that you see.
Knowledgeable Team
When you begin to work on an ERP implementation, you will need a high-quality team to implement the software. This means you will need to hire a variety of experienced individuals or use the resources you have in house. ERP Implementation is not an easy task, make sure the team you put together is up for the challenge and has the knowledge they need to succeed.
Allow Enough Time
Be sure to give your team enough time to complete the project of implementation. You do not want it to be another project on the backburner. Instead, this should be something that has full focus, as it typically requires a lot of work to kick off. Many ERP implementations suffer because there is not enough focused effort or time to get the job done precisely.
Data Migration
Migrating your data from your old system to the new system is essentially the whole process of the ERP implementation. The data that you are migrating is essential to the success of your business because it means that you will be able to fully utilize the software after implementation. Bringing over your data is expensive, so it is important to pick and choose which data is essential to migrate.
Test the System
One huge mistake that many businesses make when implementing cloud based ERP software is not demoing the product. Not only is this terrible for you as a business, but it also puts the proper utilization of ERP software at risk. If you do not demo the product and learn its capabilities, then you will not be able to use it to its fullest potential. Test an ERP system before you buy so you know if it's a right fit for your manufacturing business.
Improve Operational Efficiency
When implementing an ERP solution, you have the opportunity to look into your manufacturing company and see where you can improve. Focus on the key weaknesses until they become strengths for your business. Implementing Cloud ERP will make your company more efficient.
Begin Training Before Implementation
Before beginning an ERP implementation, you need to focus on training. Most people are stuck in their ways and do not like to change the way that they perform their jobs. Despite this, with new systems comes change, and eventually, it will be for the best. This is why you must begin training early on before the implementation begins, so you can prepare your staff and make the transition go more smoothly.
Common Reasons for ERP Implementation Failure
Poor change management execution
End product doesn’t achieve the desired benefits
Poor planning or poor project management
Non-functioning software capabilities
Poor data quality
Resistance to change
Successfully Implement an ERP System for Your Manufacturing Company with Algorithm
At Algorithm, we help you to implement an ERP solution to take your manufacturing business to the next level. We are a certified partner of Acumatica ERP Solutions, an industry leader in cloud ERP software. Find out how Acumatica Manufacturing Edition can make your business more efficient. Schedule a demo or contact us for more information.
March 12, 2024
