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How do you cater for
different verticals?
With common base modules like financials
and supply chain management, vertical
specific modules are developed, which sit
on top of these modules and get integrated
thereby removing the duplication of tasks
and giving real-time analysis of various
departments. With mobile apps, the
vertical applications get more hands-on
for all stakeholders including the customers
and vendors.
When an enterprise is
looking to deploy an ERP
solution what are the factors
they need to consider?
Earlier ERP deployments were considered
very complex and a difficult job but of late
the implementation has become much
easier with ready-made templates catered to
each vertical. Plus, online cloud accessibility
ensures minimum problems with respect to
infrastructural issues.
Nonetheless, it is imperative that the scope
of ERP and the critical functions of the
business are clearly laid out to avoid any
issues at the last minute of go-live. It is also
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important to understand the features and
functionalities available in the ERP that is
being considered for deployment as not all
ERPs have all the features even though basic
modules are common across all ERPs.
What are the main benefits
an enterprise should profit
from following an ERP
implementation?
Critical business decisions based on
business intelligence gathered from an ERP
system is a major benefit, which helps the
organisation increase revenues and reduce
cost. With proper ERP, the business should be
able to know where the costs are higher and
have margin for increasing efficiency and
with proper forecasting and trend analysis
revenues can be maximised.
FEATURE: ERP
Another important aspect is the optimum
utilisation of the resources, thereby increasing
overall efficiency and customer satisfaction.
What questions should an
enterprise looking to deploy an
ERP system ask of vendors that
supply such solutions?
More important than asking the vendor
about the application, the enterprise should
analyse the requirements internally and
look for references within the industry as to
which ERP application is used by them, for
how long and with what level of satisfaction.
Doing internal homework is more important
than depending on the promises of the
vendor on deliveries. One should also look
at the brand and market reputation of the
service provider. n
IT IS ALSO IMPORTANT TO UNDERSTAND
THE FEATURES AND FUNCTIONALITIES
AVAILABLE IN THE ERP THAT IS BEING
CONSIDERED FOR DEPLOYMENT.
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