- February 13, 2020
- Posted by: Santanu Das
- Category: ERP Software Business
ERP Software in kolkata
As per our experience, change management is not the only ERP success factor, companies overlook when doing an in-house ERP project. They also overlook success factors like business process reengineering, strategic alignment, and data migration.
Companies overlook these success factors in an effort to reduce their project budget, but the main reason is that they lack relevant expertise. In other words, they don’t focus on all the components of ERP success because they refuse to seek expert guidance.
ERP projects require an intense focus on organizational change management. Fortunately, the percentage of companies reporting a moderate to an intense focus on change management has increased since the last few years.
This increased focus on change management was accompanied by stronger benefits realization as well as fewer budget and timeline overruns.
In the meantime, you can consult with some ERP professionals of Iconwizard Technologies based on Kolkata about COMPACCT ERP system offerings. Their trusted and unbiased ERP consultants understand both the technical and business aspects of ERP projects.
A Brief History of ERP
Enterprise resource planning (ERP) didn’t come around until the 1990s, but its foundation came about in the 1960s. Back then, it was known as inventory management and control.
In the 1960s, a greater focus on factory output began. To help increase production, computing solutions were created. During this time, software developers focused on creating applications to handle inventory management.
By the 1990s, these solutions evolved to handle all aspects of business, including accounting, human resources, customer relationship management and more.
We now find ourselves in 2020 – a time where Cloud ERP software is not simply a means to automate processes but to create digital business models. This is known as a digital business transformation.
According to our 2020 ERP Report, almost half of companies (43%) describe their project as a digital business transformation as opposed to an ERP implementation. While respondents were only given these two choices, most companies actually fall somewhere along the spectrum between a basic ERP implementation and a digital business transformation.
Regardless of the type of project, you’re pursuing, it’s important to seek third-party guidance like Iconwizard Technologies about COMPACCT ERP system with their trusted and unbiased ERP consultants.