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Which is the Best Business ERP software for your company?

Which is the Best ERP? This is a very common question asked by anyone who is considering a new ERP software solution for their business.

The answer really depends upon how your are asking. Are you referring to simply what is the best system in the world of enterprise software? Or, are you asking which software is best for your company?

If you are looking at the first question then this post may answer your question as to which ERP is the best.

How to determine the Best ERP for your company

The typical ERP methodology that people use for finding which ERP is the best for their company is one in which you determine a universe of possible choices, then through a systematic elimination you drill down to the top two or three vendors that most closely match your needs. The most important thing you need to undertake this method is to have properly documented your requirements for a future system.

Most companies do not take the time to self-evaluate their needs, and this causes problems and the dreaded ERP failures that you hear so much about. But, if you take the time answer these questions, you will have a much easier time spotting those systems that do not work for you:the top enterprise resource planning software

  • What works in our current system now that we want to retain?
  • What does not work in our current system that we want to fix in a new system?
  • Where will our business be in the next five to 10 years and how will the system need to support these changes or growth objectives?
  • What are the absolutely “must-have” features that we cannot live without?
  • What are our reporting requirements? (Do we need a sophisticated Business Intelligence tool, or will simply showing the transaction roll-up totals and basic financial reports work for us?)
  • What are the key reports we need to produce every month?
  • Do we need the system to interface with another system/tool? (ie. shop floor control software, a third party logistics program, a parent company financial program, etc.)

Once you have determined the key things that an ERP solution should provide for your business, then you can better identity which ERP is the best for your company.

Ideally, you should begin with a list of five to ten ERP vendors and after reviewing their information and talking with them on the phone, you can narrow the list down to the two or three that make the most sense for your vendor evaluation.  The next step in finding your ideal ERP candidate is to allow the vendors to review your business with you and then prepare for a demonstration.  Sometimes the demos will be in-person and sometimes over a web-meeting.  Either way, you want to make sure that they demonstrate all of your requirements that you documented previously. Doing so will help you see for yourself the ERP software that is the winning candidate.

Once you have seen the vendor demonstrations, you will need to evaluate and choose one makes the most sense from a functionality standpoint and then equally important, you should determine the ERP is the best from a financial perspective. This is where the negotiation begins.

You should get a price quote from the vendors when you receive your demonstration or shortly after.  This is a starting point.  You will definately want to ask for a better price and evaluate their support options.  Remember that you will be paying for software licenses, warranty and updates, and for implementation services.   You can negotiate all aspects, but the one area to avoid trimming is the training.  Keep this in your contract and ensure that you have more than enough training to ensure a successful go-live.  Following these basic guidelines you will have identified the ERP is perfect for your company and its future needs.

Resources for Finding the Best Business ERP Software solutions

When beginning the search to determine which best erp for your company, the first thing to do as mentioned above is to determine the collection of ERP sofware solutions you want to evaluate.  You could spend a lot of time researching the Internet for various solutions, or you can quickly determine which ERP is the best for your firm by utilizing the free services of SoftwareAdvice.com.  They provide a free review of your needs and help you with arranging demonstrations of the software that is most qualified to fit your needs.

The post Which is the Best Business ERP software for your company? appeared first on ERP Software Selection Help.

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More Stories By Chris Shaul

Chris Shaul has implemented hundreds of CRM and ERP as both a project manager and a solution architect. With a strong background in the manufacturing and distribution industries, he has delivered projects for large and small firms. He has implemented software in many industries, including: High-tech, Manufacturing, Distribution, Service organizations, Medical, Non-Profits and Construction firms. Chris is an experienced leader in Customer Service, Salesforce Automation, Social Enterprise and Marketing. He has trained and experienced in Lean Enterprise concepts, Business Process Reengineering, Strategic Planning, Project Management, and Business Systems Architecture. He is currently working as a delivery manager for a global consulting firm and holds four certifications in Salesforce.com.

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