Definitive Guide To Control The Cost Of ERP Implementation

This article tries to show what needs to be done by small and medium businesses to control the costs associated with the implementation of ERP.

The costs associated with ERP are the chief concern of businesses and it is just not a trivial investment for businesses. That’s why most small or mid-sized businesses haven’t got an ERP solution implemented yet. In case of ERP implementation, there are three primary concerns i.e. costs, time and the target or achievements to be obtained out of it. And fulfiling these chief vertices dedicatedly will assure 100% success from the implementation of the ERP.

However, in real cases, as stated by Gartner, nearly 75% of ERP implementation does not head its way to success. It does not mean they do not go live. Their failure is conceived from other facts like untimely implementation, exceeding the pre-specified budget and missing out of certain features. Thus, it’s quite apparent that ERP needs considerable investment considering the planning and professionalism required in its development, implementation and maintenance. While many are trying with some ideas of cost-savings, here we’ve provided you with some ways to optimise it.

Discussing your budget well with ERP consultants

The first step to optimise the costs of your ERP is to hire someone who will understand your budget well and will subsequently allocate every bit of the resources and time within it. Get in touch with a team of ERP consultants who can do a careful estimation of your ERP venture and manage to your budget.

Only include the features that you need

Most ERPs are packaged systems with features bundled in a module. But, you may not need all the features at once. For instance, you may not need an invoice printing in your sales module but it’s not possible to skip such specific things in packaged solution. Skipping the unnecessary features will not only save your money but will also simplify the ERP system for the users who will not get confused with too many functionalities.

Go for cloud deployment of the ERP

While buying an ERP system is always a costly affair, a cloud-based ERP system are pretty much affordable. They require a minimal subscription or usage fee monthly or yearly. So, entrepreneurs have lots of scopes to save up costs without any up-front costs required in maintaining servers and hardware support.

Minimise customisations as much as possible

Throwing it up with all the essential features at once is not always justifiable. Besides, spending all your budget initially for end-to-end customisation of your ERP can eventually deprive you of any required customisations when business operations will evolve or extend. So, plan your customisation wisely by taking help from your ERP functional consultants and include only the features that you ardently need.

Be sure to have some great team for ERP consulting and implementation

Obviously, the reason we need professionals in any sphere is to get the required task done in the most efficient way and within our prespecified budget. ERP implementation is no exception to that. You need ERP consultants by your side while planning to implement the ERP system because they could find out what’s essential in it and what not after evaluating the scope of the project. They will also take care of budgeting until the completion of the project.

Helping your business processes with an upright ERP system needs lots of planning and execution. But, above all, there are enormous costs involved in it and so you need careful budgeting and some best ways to optimise it so that your real returns on investment are good enough in the consecutive years.

Alex Forsyth is an expert Odoo ERP consultant in Sydney at Envertis, an exemplary company for ERP consultation and implementation in Australia. Envertis is also the trusted partner of Odoo and hence have been offering robust low-cost ERP solutions in Australia’s widespread industries deploying the Odoo’s front-running modules.

Alex Forsyth is one of the expert app developers in Sydney who is working for Envertis, an earmarked Australian company for mobile app development which has been delivering dynamic and revenue-centric apps to businesses.