Is it time for your business to implement an ERP platform?
Business owners, executives, and other decision makers in every industry understand that adopting newer technologies like enterprise resource planning (ERP) is inherently beneficial, but such adoption will also require substantial investment. It is critical for businesses to clearly determine whether the benefits of ERP implementation outweigh the associated costs. Generally speaking, the larger and busier an organization is, the more worthwhile ERP adoption will be. But that just begs the question: how do you know your company is large and busy enough? The question posed in the title of this article can be taken in two different ways. First, would the net benefit of implementing ERP now be sufficiently desirable? And second (if the answer to the first question is yes), at what specific time should ERP be implemented? Let’s take a closer look at both questions. To determine whether your business need is great enough, quickly evaluate your operations by asking yourself these
