More and more organizations have turned to Enterprise Resource Planning (ERP) to provide their decision makers with fast, accurate access to a unified view of their operational and financial information. ERP solutions offer proven, best-practice processes for business functions; including business planning, product development, sales, manufacturing, logistics, finance, and human resources. Properly implemented, ERP delivers optimal efficiency and productivity, while reducing information management system costs.
Maximizing return on ERP
An ERP system selection and implementation must maximize the return on investment (ROI) by focusing on the challenges that are most relevant to the business, such as:
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Establishing relationships with partners and clients;
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Reducing cost of goods sold;
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Reducing inventory, lead times, and order-to-cash cycle time;
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Bettering response time and client satisfaction and
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Increasing revenue, reducing expenses and accelerating earnings growth.
Many organization fail to realize the full potential of ERP due to persisting challenges after implementation. Some of these challenges include:
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The organization has not fully recovered from the post go-live performance drag within six months of the initial rollout;
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Streamlined business processes and anticipated productivity improvements remain elusive, while the organization struggles with informal processes and workarounds;
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Minimal user acceptance because the ERP system is not meeting the immediate business needs and
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Technical issues with software vendors are unresolved with no answer in sight.
Periodically conducting an ERP Health Check Assessment can help the organization stay on track to maximizing their ERP investment.
Conducting an ERP Health Check Assessment
An ERP assessment can determine how the organization is using their ERP solution and identify opportunities for generating additional value from the investment. It is also a chance for the organization to develop an ERP roadmap to align with business objectives.
Knowing how the business is using their ERP software provides insight into possible opportunities and risks that should be part of an overall ERP roadmap. When conducting an ERP assessment an organization should also look at the business processes as well as the people who are supported by the ERP software. In addition to the ERP assessment, a business process assessment should also be conducted.
Performing a Business Process assessment
The business process assessment should identify all business activities. The assessment should include interviews with key IT resources for business as well as business users. The results of the assessment should be reviewed with appropriate Business and IT management.
What is the purpose of doing an ERP assessment? Ultimately, the purpose of conducting an ERP health check assessment is to comprehend how to generate additional Return on Investment (ROI) from ERP. It is the first stage in creating a holistic ERP application strategy.
The Litcom Approach
Conducting an ERP health check can provide us the insight and knowledge we need to make informed decisions regarding governance, opportunities, risks, and investments.
Litcom’s ERP assessment is designed to provide our clients with an understanding of the real issues that are currently being experienced by your organization which are hindering your overall system performance and making the initial ROI more difficult to achieve.
As most organizations have already incurred a considerable level of investment on the underperforming ERP system, our assessment is primarily focused on identifying improvement opportunities which are typically self-funding.
For more information on ERP Assessments and how we can help optimize your existing ERP system, please contact us at: [email protected]
How can an IT assessment benefit your organization?
An IT assessment provides your organization perspective on the effectiveness of its systems, staff, budget, vendors, procedures and company policies. For more information, download our free guide or contact us at [email protected].
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