It is common for companies to jump into an enterprise resource planning initiative without first conducting the due diligence and planning required to make the ERP implementation project successful. Organizations first need to “get their house in order,” which means to analyze exactly who they are as an organization, what they want to be in the future as well as pinpoint their strengths and weaknesses, core competencies, and areas in need of improvement.
However, ERP software projects are chalked full of challenges. For example, as we’ve pointed out in our 2010 ERP Report:
- 35.5% of ERP implementations take longer than expected
- Only 48.6% of projects are completed on or under budget
- Only 33% of companies realize at least half of the business benefits they expect from their ERP software
The good news is that your ERP implementation doesn’t have to have these same results. There are ten key things than we often advise our clients to do to avoid the above pitfalls.
Learn more by downloading our latest white paper entitled “Ten Tips for a Successful ERP Implementation.”