Our Accounting, Audit and Assurance Blog | Meaden & Moore

Is a New ERP System on Your Shopping List for 2014?

Written by Scott A. Holter | Dec 26, 2013 3:30:00 PM

As many of us rush around this holiday season to find just the right gift for someone, are you thinking about adding a new ERP software system to your shopping list for 2014? What should you look for? How can you get the best system that fits your organization and business processes? How much will it cost? Will it disrupt my daily business? Should I do it now, or should I wait? Who is going to make it work for us? How do I know if I got a good value? Should I be looking on the Cloud?

Just like any other shopping trip, it can be very stressful. You’ll search and look at lots of solutions, but in the end will try to pick the system that you feel best meets what you want to accomplish in both your short-term and long-term goals for your company’s growth.

As you can see, there are many more questions than answers once you start to consider your options. Meaden & Moore’s M&M Business Solutions has been helping manufacturing firms with their shopping for a new ERP system for over 15 years, and have helped over 100 companies find just the right system to meet their needs. Over the years, we have come up with the Top 5 Key Factors to Consider when Selecting an ERP System – Content, Strategic Factors, Technology, Cost of Acquisition/Ownership, and Initial Implementation and Long-Term Support.

The bottom line is to help you minimize your risk, maximize your ROI, reduce your overall financial exposure, and find a system that will provide the best platform on which you can support growth, new orders and more customers over time.

Image courtesy of cooldesign/FreeDigitalPhotos.net