Are You Ready to Embrace the New ERP System?

The competition between businesses gets stiffer than ever every year. This is due to the fact that there are businesses that are being established almost everywhere somewhere. Almost the same products and services can be seen in physical stores and online shops. There are also products and services that are being sold everywhere even without a physical store or an online store. This is pure personal marketing between the buyer and the seller.

But now that technology has never been this awesome, everything can be done much faster and more efficient nowadays. However, customers also have changed for the past years. Today, as various products and services abundantly circle in the market and in the business industry, customers become harder to please. Almost the same products and services are offered by businesses worldwide, a lot of scammers and bogus sellers also spread. Thus, customers today became more keen and critical when it comes to choosing the best products and services.

Sure, you own a business, but you are already selling products and services that are similar to other companies. So what makes you the worthy one to choose by the clients or customers? You may be selling the products and services that are similar to other companies but you could get an advantage on efficiency. This is where the ERP system enters the picture.

Just imagine the market 50 years ago where every business transaction are literally done manually. Though technology is already on the run 50 years ago, it would seem nothing compared to what we have now. But together with the ERP system is the ERP assessment. It will never be proved successful or efficient without undergoing tests or assessments.

With the help of ERP system, everything in a company can be more under control. From the lowest to the highest positions and transactions, everything can be managed or tracked by the ERP system. No more hours of waiting or shuffling through papers and folders before all paper works can be done. This time, everything is automated and done with technology to make sure that nothing will be missed.

And just like there’s a process to conduct an ERP assessment in an ERP system, there’s also an ERP readiness assessment. In other words, this is how an ERP assessment is prepared before hitting the ERP system. For more info about ERP assessment and ERP readiness assessment, visit Pemeco Consulting now.

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Different ERP Implementation Methodology You Can Maximize

Have you dreamed of implementing an ERP or Enterprise Resource Planning system in your business? If yes, did it ever occur to you that you can only execute ERP system with the right ERP Implementation Methodology?

Yes, so you can now have your ERP system for your business advantage! All you have to do is to read the following methods below and select the one that will work best for your business:

Method #1 Define all Requirements before making an action

You must always remember that the scope of your project is a critical concern. If you happen to fail on focusing on different processes and system requirements, you’ll find yourself extending more time and facing more expenses. A well-defined scope can ensure you that your project will not grow out of hand.

Method #2 Evaluate all possible options

When it comes to ERP implementation, poorly handling the evaluation efforts can create serious issues during the implementation process. To avoid it from happening, you should prepare things properly. You must garner input from team leaders and users so that you can evaluate the legacy system and plan for the ERP implementation before you come up with the biggest decision you’ll ever make.

Method #3 Pay good attention to the document user procedures

If you want your method to succeed, you must remember that proper documentation is a must. This is a huge help for understanding how users interact with the legacy system, evaluating, and in providing users with a concise instruction in order to navigate a new feature for your working environment.

Method #4 The single-step implementation

Ideal for smaller business operations, single-step ERP implementation offers a simple way of handling the process so that you can easily focus on your project scope and your parameters. You must be certain because this is not designed for everyone.

Method #5 The phased rollout tactic

As you opt for an ERP system to be implemented in your business, you should do it as fast as you can so that you’ll be able to isolate issues and complications that can affect your business big time. With this method, you can ensure that it’s more flexible compared to the single step but, it requires a lengthier process especially for your kind of business that is continuously changing its parameters for implementation projects.

Do you want your competitors to stay ahead of you when it comes to implementing an ERP system? Do not let that happen and follow the methods stated above.

To Become a Market Leader in Business Get Help from an ERP Consulting Firm

ERP or enterprise resource planning is a method of efficiently utilizing, hardware, software and people to increase business productivity and profit by simplifying an organization’s business processes. ERP may use many software applications or single but more complex software that can smoothly disseminate data required by two or more business departments.

ERP software need grew since the big businesses’ mandate is to have a centralized solution to manage all information system requirements. An ERP may have solutions for businesses involved in:

  • Manufacturing
  • Sales
  • Human resources/payroll
  • Inventory
  • Finance and accounting
  • Supply chains/partners
  • CRM (customer relationship management)

An ERP solution allows each business domain to be centrally managed while independently operating. It’s very advantageous in interoperability of data, increased data reliability and increased communication using s single database. It can also enhance the quality of making decisions enterprise-wide.

Finding the best ERP solution for an enterprise may need an ERP consulting process. ERP consulting involves assistance in the selection, training, support, implementation and guidance of an ERP system. An ERP system to be a fully integrated business applications, it needs to include departments like finance, production, order processing, receiving and shipping, sales, service, human resources service.

The first component in picking an ERP consultant is the need.  Am ERP consultant’s primary function is to assist with the complete transition from the old to the new ERP, so bringing in an expert is a must. An ERP consultant should understand the business, evaluate proper solutions, install, train and fine tune the product to fit the business needs.

ERP consultants assist a business in all stages of ERP implementation, so a consultant that can address specific needs and a wide range of needs will be the best choice.

Since hiring an ERP consultant to advise a business of the best ERP system or solution to use, one with years of industry knowledge and implementation capabilities will be able to understand the business’ needs and provide the proper support. Always choose and go for a partner with many years of experience, who will provide proper support and services for implementing ERP system and will be able to help the company to continue to grow and prosper.

Pemeco Consulting got 40 years of experience in assisting clients in transforming their businesses to become market leaders by incorporating technologies in order to remove inefficient business processes, connect people and systems and make better decisions.

The Importance of ERP Assessment and Benefits That Your Company Can Get in ERP System

As a business owner, considering about getting an ERP assessment for your business system is a great idea. Especially if you’re having a hard time in regards to inventory, production, and other important things concerning to your business data, this is the best thing for you to do.

Now that you already purchase an ERP software for your business, now is the best time to get an ERP assessment in able to evaluate the capabilities of your ERP system is meeting every need of your business. Through the ERP assessment, you can able to see the potential risks, possible opportunities, and the areas that require improvements.

Considering an ERP system for your business can provide many benefits for your business, to help you understand more, below are the benefits that you can get in ERP system:

  • ERP can help your business in terms of improving your decision-making process. ERP systems can create a shared database with more and even higher quality that this responsibility is displayed on your computer’s screen in real time streamlining and helps you improves the process of decisions making.
  • Minimum duplication. Businesses that do not have an ERP solution are easy to see their departments operate somewhat independently of each other, so they end up having duplicate reports and records. Having an ERP system helps reduce the duplication problems of your system.
  • Allows you to plan realistic future scenarios. ERP system can provide you better information which can give you realistic estimates and forecasts anticipating future scenarios.
  • ERP system can provide a total adaptation to the needs of your business. Even though that all business are different, your ERP vendor will perform a preliminary analysis of the needs of your organization to ensure that the application is perfectly suited to your system.
  • You can have a great control and traceability. Your ERP system facilitates product tracking throughout the organization, from entering the raw material to delivery of your finished products to your customers.
  • Helps improved internal communication. Your ERP system suppresses information barriers between every department by improving and integrating internal communication.
  • Helps lower your business cost and be more competitive. The higher efficiency achieved by your business process, the decrease in the number of errors and duplicate tasks which help reduce your business costs.

Considering an ERP is a complex process and having an ERP assessment is very important to get the most out of the benefits of your ERP system.

The 3 Important Steps to Choosing the Right ERP System for Your Company

There are many factors why many businesses are failing and struggling even trying hard to work things out and it’s all because of the poor management system. Does your business is also suffering with the same problem? Maybe it’s time for you to seek for an ERP assessment and have it implemented in your business system as early as possible before it’s too late.

An ERP system will help your company automate and efficiently manage your finances, human resources, supply chain, customer relationships as well as other industry specific functions. Having this in your business system, you will no longer struggles and suffer to integrate various tools in your company departments. The ERP system does it all, it helps your company save time and money, while providing your company with an innovative business intelligence at the same time.

Indeed ERP system is one of a kind software that every business should include in their system, however, before diving into the ERP system you need to make sure that you are really in need of an ERP because of their substantial cost. Carefully consider what benefits it will provide to your company over a defined period.

Once you already have determined your company really does need an ERP system, here are the things to consider doing for a successful project:

  • The first things that you should do is to list your requirements. Your first job here is to understand what kind of functions you need your new ERP system to perform in your usual business tasks. So you need to figure what kind of ERP your company really need and what kind of actions you want it to do. Once you have documented all your necessary requirements, you can now start developing an initial list of potential ERP partners/vendors whose system will meet your requirements.
  • Evaluate the systems. Prepare an RFP (request for proposal), it’s a document that sets out your requirements and asks your selected vendors to bid for your company. So when the vendors already replied to your RFP, start grading their proposal according to your set of requirements and compare each cost of their systems. By doing this procedure, you can able to come up with a short list of vendors.
  • System selection. For a better demonstration, provide the vendors with a script to ensure that they will demonstrate how their systems performs the important tasks for your business. Another tip, to increase the objectivity of your selection process, you can use a scorecard to rate the pros and cons of each system they are presenting.

Getting an ERP implementation is not an easy task, it requires deep cooperation and teamwork between your ERP partner and your staff. It’s a crucial procedure where all vital parts of your managements systems will be transformed into new and a better version of it.

Does ERP Implementation Methodology Matters in Business?

If you are a business-minded person, you should never allow yourself to stay in one corner. You should be the type of person who knows how to balance your social life and work, work, work for a living.

Believe it or not, a successful businessman never settles in once corner. You should know that part of growing a business is enhancing yourself and learning more from different industries. You should explore your world and search for something that could improve your managing skills and the current system of your organization. The trend is very volatile; it can change anytime it wants in the market as well as its price.

If you don’t want to be left behind, you got to keep something in your backpack that could be used as your lifeline. ERP implementation methodology is one of the things that ever business organization got to have in their backup brilliant plans. As a matter of fact, it is becoming more and more important for businesses or organizations in all sizes to understand the essence of ERP implementation methodology.

If can be a big failure if you didn’t use ERP implementation successfully. Generally, businesses follow a set of rules or methodology when using ERP system. This framework guides them on the right path and keeps them updated on the latest ERP system to create a plan, structure, and take full control of managing the implementation of ERP system.

ERP implementation methodology includes advanced tools, detailed deliverables, templates, and special artifacts that were made and accomplished by the project team of ERP. If you will put ERP implementation methodology in one word, it would be like every businessman’s roadmap to success.

According to experts, the typically used implementation methodologies can be seen as a joint venture. This is in respect to the company driven, ERP vendor-led, and industry, or a mix of ERP vendor-led and company driven. A business can be considered are company driven if it is run by internal software practices. But it is considered as led by an ERP vendor if it is run with the help of implementation methodologies.

What is the edge of a business led by ERP vendors? Technically, a business that is run by ERP vendors is guided by a flexible roadmap that can be adjusted according to what a business needs. Thus, it is a better idea to switch on ERP implementation methodology now and achieve success.

Why Is There a Need for ERP Consulting In Businesses?

In managing business, proper integration of all departments and functions onto one computer system is very essential. This can be made possible by utilizing a management tool called Enterprise Resource Planning (ERP). At present, ERP consulting is becoming a trend to companies in administering business processes.

Enterprise resource planning is very helpful in managing human resources, customer relationships, data, manufacturing and supply chain, finances as well as project management.

The large amount of information from day to day business operations make companies to engage in ERP consulting. The demand of managing all those data is very crucial regardless of whatever kind of business you have. But having a computer for data storage is not enough; you need to have information organized, with the use of enterprise resource planning.

Since unorganized information cannot be utilized; those are just trash. But with ERP system, all business data will be organized making information ready for future use. Since they are organized, retrieval would be easy for anyone who might need it.

ERP consulting will enhance all your business potentials. With just some click on your computer system, you will be able to monitor all the in and outs of your business. Although some companies doubt in utilizing ERP, there are more comprehensive advantages than disadvantages.

With the use of ERP as a management tool, departments are able to communicate with each other in a fast and easy way, thus relaying information conveniently and the soonest possible time. In ERP implementation, the business activities will become paperless because ERP runs in a computer system to store data in a single database.

Aside from customizing ERP depending on your preferences, the most important benefit of having an ERP system is to enhance the function of your business without compromising your business schedule. You can have control in the overall flow of the business processes thus assuring that each areas are functioning well.

However, during the ERP consulting, there are different stages you must understand. First, you must ensure which ERP software is matched to your business needs, challenges and budget, this is the ERP selection. Then after selecting the kind of ERP system that fits your business, implementation comes next. You need to work with the best consulting team equipped with sufficient knowledge and skills regarding the ERP system.

With an updated knowledge on ERP technology, you will be able to customize it depending on your business preferences; this is the ERP customization stage. In ERP integration stage, you will get to extend the power of your ERP by a deeper understanding and use of internet. People who will use the ERP software must be technically trained; this is done under the ERP and CRM Training stage.

Lastly, the Post-Deployment ERP support stage wherein you will determine if there is a need to change your existing ERP or just upgrade it to the next phase implementation.