Streamlining Business Operations with Custom ERP

What is a Custom ERP Implementation?

An ERP implementation means installing ERP software and making sure your team knows how to use it. The process has three main steps:

• Installing the software either on-site or through a service provider.
• Moving data from your old system to the new one.
• Training your finance team to use the new software.

The success rate of custom ERP implementations is getting better because companies are focusing on making the software easier to use. This includes simpler interfaces, more flexible configurations, mobile features, and more automation.

Best practices for success include forming a strong team from different parts of your company and making sure your finance policies match the new system.

Key Lessons Learned from Successful Custom ERP Implementations

Let's look at UK based company that succeeded with their ERP projects and what they learned:

Schedulize App: This UK-based employee and leave management app company switched from spreadsheets to ERP. They doubled sales every year but found their old systems couldn't keep up.

After just three weeks of implementing ERP, they:

• Fixed bookkeeping mistakes related to employee leave and expenses.
• Stopped using external accountants, even as sales grew.
• Increased sales by 50% without hiring more people.
• Got better data on employee leave and expenses, helping their online sales.

Key Takeaways:

ERP implementations can be quick – Schedulize was up and running in 20 days. Getting top management involved is crucial for success. In this case, the company's founders led the project, which helped others in the company embrace the change.

ERP Success Factors

Successful ERP systems have some common features. First, employees need to buy into the system and see how it benefits them directly. Customizing solutions for each business helps with this, and getting help from experts can make the process smoother. Planning and executing the implementation efficiently are also important.

Challenges of ERP Implementation

Implementing ERP systems can be challenging. Two common problems are:

Choosing the right vendor: It's essential to pick an ERP system that fits your company's needs. Consider factors like the vendor's experience, their understanding of your industry, and their long-term stability.

Getting employees on board: Employees might resist the change if they don't see the benefits. Make sure to explain how ERP will make their jobs easier and provide plenty of training.

By overcoming these challenges and following best practices, companies can successfully implement ERP systems and enjoy the benefits they bring.