Enterprise Resource Planning (ERP) platforms are critical components of successful business operations. Companies use ERP systems to streamline and automate processes, saving time and money.
Before a company starts their operations, they need to select appropriate ERP systems. The selection of the ERP system is a complex job as companies have to decide which components they must select depending on the specific business processes they need to automate and products or services they need to sell. Businesses that sell products often require manufacturing, supply chain, inventory management, and distribution functions in their ERP systems. However, businesses selling services need systems with project management and sales support type of functionalities. In many cases, systems are chosen based on the solutions provided by competitors and incomplete knowledge and intuition. However, the decision should solely be based on the role the ERP will play in driving businesses forward and meeting business needs.
Key Considerations for Robust Foundations
To derive maximum benefits from an ERP platform, an enterprise must keep the following things in mind during the selection process:
- Business requirements and processes
- Areas of business
- Business case to measure business improvements
- System that can automate processes, reduce costs, and increase knowledge and not information
- Executive commitment
- Time to implement the ERP system
- Third-party to provide experience and recommendation
- Cost/benefit analysis
Smart Move: A Trusted Partner
Enterprises look for partners that can understand their business and conduct the Fit-gap analysis. Kellton Tech has a specific service line, dedicated to the ERP selection and implementation, which provides a proven approach and years of experience in identifying business needs and customizing and implementing ERP solutions to meet business requirements.
In our experience selecting an ERP platform is a crucial decision your business will make and it carries long-term effects. The key is to ensure that these effects are positive rather than negative. With over 20 years of experience in digital transformation, Kellton Tech is a SAP Gold Partner and one of the first SAP partners to implement S/4HANA. SAP S/4/HANA is a digital core that enables enterprises to take complete advantage of the Internet of Things (IoT), Big Data, real-time analytics, mobile, business networks, third-party systems, and more. Our highly skilled team of certified S/4HANA consultants ensures revolutionary results in the following areas:
Sales: We help business development teams streamline their sales and delivery processes, quickly addressing bottlenecks and other disruptions that drive customer satisfaction.
Corporate Planning: By running what-if simulations on SAP S/4/HANA Finance, we combine internal and external data to evaluate the potential financial impact of each scenario.
Consolidating: With SAP S/4/HANA Finance, we automate central journal scenario and embedded analytics book-keeping and reports. It helps in effectively reducing the need and effort spent in manual auditing of records.
Manufacturing: With SAP S/4/HANA, our team is able to process material postings in parallel, giving the manufacturer real-time visibility into the material ledger. This visibility makes it quick and easy for the client to respond to the production issues and avoid delivery delays.
Our technology solutions conform to industry best practices and draw from the world-class IT tools/software’s that are used to connect systems. The solutions address most aspects of a smart manufacturing platform—Partners & Relationships, Metrics & Analytics, Interfaces & Third-party Integration, User Education and Training, Infrastructure, and Maintenance.