Choosing the Best ERP for SMEs

Do you know the best ERP for SMEs? Find out today! Here is our top pick: Online Store Checkout using a Website, Mobile App, or E-Commerce Shop in Real-time. Small and medium-sized businesses (SMEs) must balance managing their limited resources with maintaining their competitiveness. Enterprise Resource Planning (ERP) software is one option that has become a game-changer for SMEs.

How to Select ERP for SME

Design a Demo Flow
ERP Selection is not as complicated as it seems. But users often got carried away when the ERP vendors start to show the “Bells and Whistles”. Draw out a demo flow using a few of your key business scenarios with some of your sample data.  Ask the vendors to show you how their ERP system executes your demo flow. This method will give you some near real-life experience of the system according to your business operations.

What you Want to Solve
Set clear objectives of what you want to achieve with your ERP project.  Try to keep to these objectives throughout the project.  These objectives will help you to control the scope of the project and minimize budget overrun.

Start with Microsoft for SME
For mid-sized ERP, it is obvious that Microsoft Dynamics 365 Business Central (formerly known as Navision) is currently dominating the Singapore markets.  It has the largest pool of implementation partners, consulting resources and user base.  Microsoft has established itself in the Singapore market about 20 years ago, offering on-premise, cloud++ and hybrid options.

Implementation is Key
I often find from troubled ERP projects, that they selected the right ERP, but neglected the implementation.  Lack of project management very likely happened in these projects.  The reduction in project management is probably due to the need to lower implementation costs that make the ERP vendors cut corners.

Minimize Customization
Nearly all the troubled ERP projects that I saw were unnecessarily customized.  Some companies failed to manage user expectation.  But sometimes the heavy customizations were due to incompetent consultants.  Often, some vendors quoted lower initial price and trying to make money back.  Or worse, ERP vendors intentionally trying to make it sticky so that the customer cannot change to other vendors.

Trust Your Selected Vendor
Visit and talk to the customers of the ERP vendor, especially those who had implemented within the last year.  Ask questions to understand how the project was implemented, what they like and dislike.

Conclusion

Implementing and choosing an ERP is not an exact science. It is frequently more of an art. But because the ERP project is so crucial, senior management must pay close attention and make a concerted effort to choose the right ERP.  While still generating the required ROI, it should aid in the company's future growth. You may also read our articles on "Seven Myths About ERP" to learn more about the typical myths that might influence your choice of ERP. Hire more service:- https://naviworld.com.sg/how-to-select-erp-sme/

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