Which technology fits your business best?
How do you know which technology is the right ERP solution for your business needs? Are your requirements going to be met with one technology or do you need a combination of technology systems?
The best way to evaluate and select ERP systems is to start with a thorough needs assessment (LBS - methodology). The LBS framework uses key requirements that are necessary to improve business performance by working smarter, making informed decisions, and improving business processes.
Using this approach, we develop a list of key requirements and functional areas to examine and determine which system can best address your business challenges and move you forward.
Our experts and assessment tools can help you develop your specific list of key requirements, provide you with a comparison report of your needs and what other cloud-based products can offer, determine a fit and then recommend a solution. We use an unbiased process based on an ‘objective’ comparison against the requirements. We will then guide you on implementations and manage the entire project for you.
Considerations for Selecting an ERP
Streamlined Business Processing
Data cleansing/Data Migration
Real-time data access (Cloud-based)
Integrated inventory control
Materials requirement planning (MRP)
Revenue Recognition (AP, AR, Financial reporting)
Streamlined Batch Emails
HR Capabilities – from ATS to Onboarding to HRIS
Marketing – monitor campaigns performance
Sales – monitor efforts and ROI – be able measure value of opportunity, forecast, recurring revenue
Contracts Monitoring – from how many opportunities are closing, working on, need signatures
Project Management – track a project from beginning to end
Tax and regulatory tracking for International Business locations (OneWorld)
Website Integrations/Other software integrations
Example of (BRD) Business Requirement Document
Provide High Level Requirements for all business processes
Determine best systems to match those processes
Help select and implement ERP, CRP, 3rd Party Apps that fit company needs
3rd Party App Feature Assessments
Travel, Expense and Accounts Payable Automation
Financial Reporting, Budgeting and Forecasting (FP&A)
Business Intelligence (Data Visualization) (BI)
Integration Platform as a Service (iPaaS)
Document Management and eSignature
Sales Performance Management including Incentive Compensation (SPM)
Customer Relationship Management (CRM)