Every once in a while companies either choose or are forced to reevaluate their ERP systems. Why? There can be a few different reasons which we will get to soon; but the end result of ERP software migration should always be to take advantage of an opportunity to better your system, enjoy functionality you did not have before, and reduce costs. That all sounds great, but that does not mean ERP migration is something you should do right now- “Don’t fix it if it aint broke,” bad grammar aside, that is just as true with ERP software as it is with a car.
some of you feel as though your system may be in need of reevaluation; below are a few signs that you are right and it’s time for you to migrate.
You are outgrowing your system. Growth is a great thing; just don’t lose control over your data in the process. You may be outgrowing your system if…
- It no longer supports the number of transactions you are processing
- You have more users but the system won’t allow for increased numbers
- Does not integrate with new business units
- Will no expand to new locations
- Your process is too complex for the current system
- if it cannot grow with you into foreign markets (if that is your plan)
You do not have the functionality you need. With increased sales, access, and locations, you will soon find that your current system does not have the functionality necessary for you and your employees to do your jobs and ERP migration will give you the opportunity to change that. You need additional functionality if…
- you do not have the analysis and reporting capabilities you need to judge performance
- if you are adding additional locations and the system cannot deal in foreign currencies or take into consideration tax compliance for additional locations
- you cannot control your financial period reporting
- does not support inventory, distribution ,or MFG management
- lacks functionality for HR, sales, marketing, or CRM personnel
You’re using aged technology. Time in the technology world flies probably 10x faster than in many other areas. With the constant change you may find your current system no longer can adapt to the changes. You need to migrate if…
- The programming language is no longer supported by new technology
- Disconnection or manual connection with the rest of the company (aka data silos)
- Lacks a centralized database
- Does not have a cloud option
You’re being forced to migrate when you get the unfortunate news that your current system is being discontinued. Nobody likes to be forced to do anything, but this could be a good thing as you now have the opportunity to improve your system and processes through the ERP software migration.