Business management What is an ERP? ERP is the business management software that allows the organizations to manage its different facets like planning, operations, sales and marketing. It seamlessly integrates various departments of the organization to function as a single unit determined to achieve a common goal. The information fed in the system by any…
ERP projects are implemented in order to reduce cost, streamline existing business processes and have greater visibility in operations that helps in making faster and informed decisions. Despite all these lustrous benefits, many businesses leave the project midway or fail disastrously. In many other cases, they are often plagued by missing project deadlines and overbudgeting….
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.
Top 6 ERP Blunders Implementing an ERP system is one of the toughest decisions a company can possibly make. It not only costs a lot of money, it also requires a lot of planning, team effort, training and time that needs to be invested. While most ERP implementation projects go well, there are always those…
Personal Innovativeness There has been a lot of speculation with regard to the importance of personal innovativeness and user experience when it comes to the successful adoption of ERP. A number of people have anecdotal evidence that if ERP must succeed, then it should be handled by a person who has prior experience with similar…
ERP Increases Job Satisfaction Those who have been using enterprise resource planning for a long time know it for a fact that it can increase job satisfaction. There is little research to back this often anecdotal observation and it would be amazing if the academia took up more projects to study the effects of ERP…
Shared Leadership A lot of times, we hear stories about how ERP and HRMS both can have high failure rates. One of the principle reasons why both of them fail is due to the ineptness of the leadership that undertakes implementation.