The latest technological advancements and tools developed help businesses in bridging the gap between their processes and their people. Adapting to the latest technological tools and systems aid in accomplishing business objectives in a more efficient manner. If you have a large organization with multiple departments and complex business processes, implementing an ERP system can help.
An ERP system simplifies business processes by streamlining and synchronizing all activities and communication taking place within an organization. It helps in managing the operations effectively while saving a lot of time and efforts.
Many businesses today are open to implementing ERP system for their business. According to a statistics report from Marketwatch, the ERP Software market is expected to generate a revenue of around 47 billion during the forecast period of 2017-2022.
Businesses seek help from ERP solution provider companies to get an ERP system developed for their business, based on their custom requirements. Implementing an ERP system will definitely benefit your business, but it can take efforts, time and financial resources to get it up and running.
If you are planning to implement ERP for your business, here are some steps to consider.
1) Define your Goals
Before you decide to develop an ERP system for your business, have a clear vision about what the end product should deliver and how it should help your business. You must consider the long-term as well as the short-term goals of your business to get started. Whether it is to simplify business processes, improve interdepartmental communication, setting up automation or creating visibility among all facets of your organization, you need to explain it to the ERP solution development company and come to an agreement on the end product’s features and functionality.
2) Develop a Blueprint
Once you have decided and discussed the goals and how the final product should be, you need to create a detailed blueprint as the basis of the entire process. The blueprint must contain all the information about the development process, the features and functionalities to be implemented, the timeframe and the resources to be used. The creation of the blueprint (also known as the master plan for the project) involves inputs from the organization managers, the system developers, and the IT department.
3) Develop the Prototype- Hardware and Software
This is the stage where the developers begin their work. But before that, it is important to choose if you want to have a web-based ERP solution or a client/server-based ERP. You need to choose the most appropriate solution for your business and make decisions on the platform, framework, database, frontend, backend, and all other technical details to develop the ERP system.
4) Hardware: Decide whether to host the ERP system on your local servers or on the cloud. Most businesses prefer to host it on the cloud as it is more affordable for small businesses, does not need extra resources to work on the system or maintenance, and provides better security for the data.
5) Software: The software works as a foundation for your ERP system. Based on your specific business requirements, your custom ERP system can be developed using .NET, Java, Python or PHP Application Development.
6) Database Technology: Developers need to choose the most suitable database technology for the company’s data. The database is the most important part of the ERP system and the database technology generally used are Oracle SQL, PostgreSQL or MySQL.
7) ERP System Environment: To be viable and reliable in the long run, the ERP system should be written in a modern language, developed by a certified ERP web application development company and should be of utmost quality.
8) Test the System
After the ERP system is developed, the developers need to test the system to make sure it matches with the initial goals and meets all the custom requirements of the business. All the features and functionalities need to be tested well for its robust operation, safety and security before it is made live.
Advantages of ERP Software Implementation in Business
Custom made ERP has a lot of Pros which include:
- Data for Decision Making
Integration of Database with your ERP solution supports all business activities. Whenever any department needs these data it can be easily accessible.
- Bye to Legacy Systems
To manage inventory, Payroll, customer information, old systems were using different programs. Nowadays, ERP replaces these multiple systems on different platforms into a single set of integrated ERP software application.
- Automate Work Process
ERP system is designed by a professional ERP Software Development company which is very efficient and follows desire workflow to implement the task. This increase the efficiency and process completed in an easy manner.
- Technology Upgradation
Rather than upgrading individual components when they need fixing. This ERP system is designed with the latest technology which speeds up the business processes.
Challenges You Have to Face while Implementing New ERP System to Business
Designing and implementing the new ERP system is not an easy task. We have jotted some of the challenges you may face during development.
For complex business processes, ERP implementation can be costly in terms of designing, planning, customization, configuration, testing, implementation, etc.
- Disruption in Business
To integrate the ERP system with current activities needs some time which can disturb your daily operations.
To design a complex ERP system can take months or more than a year.
To understand and become used to with new ERP system, employees can take some time which can decrease the efficiency of work.
The Return of Investment(ROI) may not be realized immediately, It may be complex to measure.
Migration of Data can be complex in a huge business which can take a long time.
- Decentralized Organizations
To gather data from the decentralized organization and implementing them in one system is quite difficult.
A custom ERP system can add value to your business and help in the overall business growth. Kanhasoft, a reliable ERP Development Company in India can help you get started! We develop custom ERP solutions by keeping in mind the unique business needs. Get in touch with your requirements today!