Midmarket firms often have complex operations. They have already automated their system of functioning through ERP implementation. Such firms have invested reasonable amount of money in ERP solutions but with growing pressure from rivals and increasing customer base, it has become imperative for them to evolve their solution.
ERP project You may have decided to implement a new EROP across your organization. However, the strategic risk of ERP implementation can be quite daunting. Failure rates in ERP projects have reduced over the years but still, one-third of ERP projects end up in failure.
Cloud-based ERP systems ERP systems have evolved from traditional on-premise systems to hosted systems and to cloud-based systems consequently. This change is more relevant to small-scale businesses that focus on saving direct cost, convenience of use and functionality of the system without investment of time.
ERP Implementation Though the question looks straight forward enough, the answer is largely convoluted. ERP implementation is a complex process that depends on factors like type of organization, need of the organization, quality of human capital and type of ERP software chosen. The average time of implementation varies from six months to two years.