Enterprise Resource Planning is an essential nerve system for any organization. ERP systems bring capability to organizations to integrate all disparate systems in one platform if it is designed implemented properly. ERP implementation or optimization is a key initiative in almost all the organizations take up
Costing anywhere from hundreds of thousands of dollars to millions of dollars, and requiring hundreds of man hours to implement, enterprise resource planning (ERP) systems are huge investments of money, resources and time. And while a successful ERP implementation can help your organization streamline workflow and cut costs, a poorly planned and implemented ERP rollout can severely cost organizations, in terms of lost productivity and delays.
Top mistake in ERP implementation are poor planning of initiative, poor selection of vendors, not defining the requirements and expectations clearly, not having right people in the team, not setting priorities, under or overestimating time and resources required, not investing enough on training and change management, not understanding the importance of the data, and not having right post implementation support.