Tuesday, 6 December 2016

How to choose the best ERP solution for your business?

Company’s objectives and goals

The first and foremost reason for choosing ERP software in Bahrain are based on your company’s objectives and goals. Though every company has different objectives for instance:

Efficiency goals: Multiple tasks can be folded together by processing redundancy so that each element needs to occur just once.

Growth goals:  to double your business with resources available.

Speed to market goals:  Bring the products to market them faster, satisfying all regulatory requirements, and thereby gain market share faster.

Functional software requirements

Accounting and marketing, these general operations are shared by all companies. But In terms of function, your specific industry will command the details. The needs of your company will manage the features that are most important to you. For that, you need to be careful of all the functions that occur on an average business day. They must aim to review all the areas on the list even if your current processes are currently being done outside of the system on whiteboards or spreadsheets. 

Budget and resources

There is a huge variation in the rates of ERP software in Bahrain. The highest priced ERP system may be five times the cost of the least expensive solution. But there is a reason behind this. Some companies may have less complex criteria and can choose a more moderately priced ERP solution but others may need the advanced functionality built into a higher priced system. Don’t think necessarily that more expensive is better. A higher priced system might be designed for companies with single task individuals. These systems are broken into functions into small pieces. Those individuals who multi-task in a smaller company might find they are doing lots of extra steps and are actually decreasing efficiency with the more expensive system.

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