SlideShare a Scribd company logo
1 of 8
Download to read offline
Software Advice Report:
Key Criteria for ERP Software Selection
Best practices for todayโ€™s software buyer
At Software Advice, we regularly speak to enterprise resource planning (ERP)
system buyers. These interactions shed light on their needs as well as the pain
points of their current methods.
Our research finds these buyers struggle with:
โ€ข Managing data across disparate systems (59 percent)
โ€ข A customer relationship management (CRM) system that is inadequate or
difficult to integrate (47 percent)
โ€ข Keeping their technology up to date as the company grows (27 percent)
Introduction
According to Gartner, five vendors had more than half (53 percent) of the entire
market share for ERP software in 2014. Theyโ€™re vendors youโ€™re likely familiar with.
SAP24%
Oracle12%
Sage6%
Infor6%
Microsoft5%
Other47%
Understand the Market for ERP Software
At the beginning of the selection process, buyers should identify which application
and modules they will require in a new system.
Outline Your Key Application Requirements
This will typically include modules for materials requirements planning, quality control
and process automation. Larger manufacturing operations that produce a variety of
different products will need greater functionality to handle the different processes they
manage.
Generally includes modules for transportation management, warehouse management
and demand planning and forecasting. Larger businesses will require more complex
supply chain management applications, especially if they ship products overseas and
work with many suppliers, distributors and other vendors.
Typically includes modules for applicant tracking and payroll and benefits
administration.
Allows users to track the organizationโ€™s internal physical and financial assets.
Allows users to track relationships with customers and provide insights about them to
drive more impactful business decisions.
Manufacturing
Supply Chainโ€จ
Management
Human resources
Enterprise assetโ€จ
management
CRM
โ€” Craig Abramson, Marketing Director at Third Wave Business Systems,
a consulting firm that assists with Microsoft and SAP ERP implementations.
Identify a Short List of Vendors
โ€œYour first step is to choose an experienced
ERP vendor: one with a positive reputation for
successful implementations; one that has been
down the path before. They need to have a
strong understanding of where your company
is in its life cycle.โ€
Get References From Vendorsโ€”and Elsewhere
โ€ข Find third-party reviews.
โ€ข Search news aggregators (e.g., Google News) and databases (e.g.,
LexisNexis) to find any recent news articles about the vendor.
โ€ข Search court records for any filings involving the vendor.
โ€ข Reach out to people in your industry who are currently using the systems on
your short list.
Here are some tips for vetting the vendors on your short list:
Read the full report
Get free price quotes on top
ERP software
Get unbiased reviews & free
demos on top ERP software
Learn More About Enterprise Resource Planning Software
Read Report
Get Free Quotes
Get Free Demos
Software Adviceโ„ข is a trusted resource for software buyers. We provide detailed
reviews and research on thousands of software applications. Our team of software
advisors provides free telephone consultations to help buyers build a shortlist of
systems that will meet their needs. For more information, visit softwareadvice.com.
Software Advice is a Gartner company. Gartner (NYSE: IT) is the world's leading
information technology research and advisory company. For more information, visit
gartner.com.
@SoftwareAdvice /company/software-advice
@SoftwareAdvice/SoftwareAdvice

More Related Content

More from Software Advice

Software Advice BuyerView: Project Management Software Report 2015
Software Advice BuyerView: Project Management Software Report 2015Software Advice BuyerView: Project Management Software Report 2015
Software Advice BuyerView: Project Management Software Report 2015
Software Advice
ย 

More from Software Advice (20)

The Essential EMR Features Your Small Practice Needs
The Essential EMR Features Your Small Practice NeedsThe Essential EMR Features Your Small Practice Needs
The Essential EMR Features Your Small Practice Needs
ย 
Medication Compliance Tools and Technology
Medication Compliance Tools and Technology Medication Compliance Tools and Technology
Medication Compliance Tools and Technology
ย 
Software Advice Vendor Showdown: Compare the 6 Top-Rated Patient Portal Vendors
Software Advice Vendor Showdown: Compare the 6 Top-Rated Patient Portal VendorsSoftware Advice Vendor Showdown: Compare the 6 Top-Rated Patient Portal Vendors
Software Advice Vendor Showdown: Compare the 6 Top-Rated Patient Portal Vendors
ย 
Software Advice UserView: Legal Management Software Report 2015
Software Advice UserView: Legal Management Software Report 2015Software Advice UserView: Legal Management Software Report 2015
Software Advice UserView: Legal Management Software Report 2015
ย 
Software Advice BuyerView: Fundraising Software Report 2015
Software Advice BuyerView: Fundraising Software Report 2015Software Advice BuyerView: Fundraising Software Report 2015
Software Advice BuyerView: Fundraising Software Report 2015
ย 
Software Advice BuyerView: Hotel Management Report 2015
Software Advice BuyerView: Hotel Management Report 2015Software Advice BuyerView: Hotel Management Report 2015
Software Advice BuyerView: Hotel Management Report 2015
ย 
Software Advice BuyerView: Help Desk Software Report 2015
Software Advice BuyerView: Help Desk Software Report 2015Software Advice BuyerView: Help Desk Software Report 2015
Software Advice BuyerView: Help Desk Software Report 2015
ย 
Software Advice BuyerView: Project Management Software Report 2015
Software Advice BuyerView: Project Management Software Report 2015Software Advice BuyerView: Project Management Software Report 2015
Software Advice BuyerView: Project Management Software Report 2015
ย 
Software Advice IndustryView: Best Fundraising Events for Nonprofits
Software Advice IndustryView: Best Fundraising Events for NonprofitsSoftware Advice IndustryView: Best Fundraising Events for Nonprofits
Software Advice IndustryView: Best Fundraising Events for Nonprofits
ย 
Software Advice IndustryView: Improve CX with Mobile Support
Software Advice IndustryView: Improve CX with Mobile SupportSoftware Advice IndustryView: Improve CX with Mobile Support
Software Advice IndustryView: Improve CX with Mobile Support
ย 
Software Advice IndustryView: Social Collaboration Software
Software Advice IndustryView: Social Collaboration SoftwareSoftware Advice IndustryView: Social Collaboration Software
Software Advice IndustryView: Social Collaboration Software
ย 
Software Advice BuyerView: Accounting Software Report 2015
Software Advice BuyerView: Accounting Software Report 2015Software Advice BuyerView: Accounting Software Report 2015
Software Advice BuyerView: Accounting Software Report 2015
ย 
Software Advice UserView: Hotel Management Software Report 2015
Software Advice UserView: Hotel Management Software Report 2015Software Advice UserView: Hotel Management Software Report 2015
Software Advice UserView: Hotel Management Software Report 2015
ย 
Software Advice BuyerView: Business VoIP Report 2015
Software Advice BuyerView: Business VoIP Report 2015Software Advice BuyerView: Business VoIP Report 2015
Software Advice BuyerView: Business VoIP Report 2015
ย 
Software Advice BuyerView: Marketing Automation Software Report 2015
Software Advice BuyerView: Marketing Automation Software Report 2015Software Advice BuyerView: Marketing Automation Software Report 2015
Software Advice BuyerView: Marketing Automation Software Report 2015
ย 
Software Advice BuyerView: Facilities Management Software Report 2015
Software Advice BuyerView: Facilities Management Software Report 2015Software Advice BuyerView: Facilities Management Software Report 2015
Software Advice BuyerView: Facilities Management Software Report 2015
ย 
Software Advice BuyerView: Volunteer Management Software Report 2015
Software Advice BuyerView: Volunteer Management Software Report 2015Software Advice BuyerView: Volunteer Management Software Report 2015
Software Advice BuyerView: Volunteer Management Software Report 2015
ย 
Software Advice IndustryView: Document Collaboration Report 2015
Software Advice IndustryView: Document Collaboration Report 2015Software Advice IndustryView: Document Collaboration Report 2015
Software Advice IndustryView: Document Collaboration Report 2015
ย 
Software Advice IndustryView: Encouraging Millennial Participation in Hotel L...
Software Advice IndustryView: Encouraging Millennial Participation in Hotel L...Software Advice IndustryView: Encouraging Millennial Participation in Hotel L...
Software Advice IndustryView: Encouraging Millennial Participation in Hotel L...
ย 
Software Advice UserView: Agile Project Management Report 2015
Software Advice UserView: Agile Project Management Report 2015Software Advice UserView: Agile Project Management Report 2015
Software Advice UserView: Agile Project Management Report 2015
ย 

Recently uploaded

CHEAP Call Girls in Pushp Vihar (-DELHI )๐Ÿ” 9953056974๐Ÿ”(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Pushp Vihar (-DELHI )๐Ÿ” 9953056974๐Ÿ”(=)/CALL GIRLS SERVICECHEAP Call Girls in Pushp Vihar (-DELHI )๐Ÿ” 9953056974๐Ÿ”(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Pushp Vihar (-DELHI )๐Ÿ” 9953056974๐Ÿ”(=)/CALL GIRLS SERVICE
9953056974 Low Rate Call Girls In Saket, Delhi NCR
ย 
CALL ON โžฅ8923113531 ๐Ÿ”Call Girls Badshah Nagar Lucknow best Female service
CALL ON โžฅ8923113531 ๐Ÿ”Call Girls Badshah Nagar Lucknow best Female serviceCALL ON โžฅ8923113531 ๐Ÿ”Call Girls Badshah Nagar Lucknow best Female service
CALL ON โžฅ8923113531 ๐Ÿ”Call Girls Badshah Nagar Lucknow best Female service
anilsa9823
ย 
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
Health
ย 
TECUNIQUE: Success Stories: IT Service provider
TECUNIQUE: Success Stories: IT Service providerTECUNIQUE: Success Stories: IT Service provider
TECUNIQUE: Success Stories: IT Service provider
mohitmore19
ย 

Recently uploaded (20)

Short Story: Unveiling the Reasoning Abilities of Large Language Models by Ke...
Short Story: Unveiling the Reasoning Abilities of Large Language Models by Ke...Short Story: Unveiling the Reasoning Abilities of Large Language Models by Ke...
Short Story: Unveiling the Reasoning Abilities of Large Language Models by Ke...
ย 
SyndBuddy AI 2k Review 2024: Revolutionizing Content Syndication with AI
SyndBuddy AI 2k Review 2024: Revolutionizing Content Syndication with AISyndBuddy AI 2k Review 2024: Revolutionizing Content Syndication with AI
SyndBuddy AI 2k Review 2024: Revolutionizing Content Syndication with AI
ย 
call girls in Vaishali (Ghaziabad) ๐Ÿ” >เผ’8448380779 ๐Ÿ” genuine Escort Service ๐Ÿ”โœ”๏ธโœ”๏ธ
call girls in Vaishali (Ghaziabad) ๐Ÿ” >เผ’8448380779 ๐Ÿ” genuine Escort Service ๐Ÿ”โœ”๏ธโœ”๏ธcall girls in Vaishali (Ghaziabad) ๐Ÿ” >เผ’8448380779 ๐Ÿ” genuine Escort Service ๐Ÿ”โœ”๏ธโœ”๏ธ
call girls in Vaishali (Ghaziabad) ๐Ÿ” >เผ’8448380779 ๐Ÿ” genuine Escort Service ๐Ÿ”โœ”๏ธโœ”๏ธ
ย 
CHEAP Call Girls in Pushp Vihar (-DELHI )๐Ÿ” 9953056974๐Ÿ”(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Pushp Vihar (-DELHI )๐Ÿ” 9953056974๐Ÿ”(=)/CALL GIRLS SERVICECHEAP Call Girls in Pushp Vihar (-DELHI )๐Ÿ” 9953056974๐Ÿ”(=)/CALL GIRLS SERVICE
CHEAP Call Girls in Pushp Vihar (-DELHI )๐Ÿ” 9953056974๐Ÿ”(=)/CALL GIRLS SERVICE
ย 
How To Troubleshoot Collaboration Apps for the Modern Connected Worker
How To Troubleshoot Collaboration Apps for the Modern Connected WorkerHow To Troubleshoot Collaboration Apps for the Modern Connected Worker
How To Troubleshoot Collaboration Apps for the Modern Connected Worker
ย 
Vip Call Girls Noida โžก๏ธ Delhi โžก๏ธ 9999965857 No Advance 24HRS Live
Vip Call Girls Noida โžก๏ธ Delhi โžก๏ธ 9999965857 No Advance 24HRS LiveVip Call Girls Noida โžก๏ธ Delhi โžก๏ธ 9999965857 No Advance 24HRS Live
Vip Call Girls Noida โžก๏ธ Delhi โžก๏ธ 9999965857 No Advance 24HRS Live
ย 
Unlocking the Future of AI Agents with Large Language Models
Unlocking the Future of AI Agents with Large Language ModelsUnlocking the Future of AI Agents with Large Language Models
Unlocking the Future of AI Agents with Large Language Models
ย 
CALL ON โžฅ8923113531 ๐Ÿ”Call Girls Badshah Nagar Lucknow best Female service
CALL ON โžฅ8923113531 ๐Ÿ”Call Girls Badshah Nagar Lucknow best Female serviceCALL ON โžฅ8923113531 ๐Ÿ”Call Girls Badshah Nagar Lucknow best Female service
CALL ON โžฅ8923113531 ๐Ÿ”Call Girls Badshah Nagar Lucknow best Female service
ย 
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
+971565801893>>SAFE AND ORIGINAL ABORTION PILLS FOR SALE IN DUBAI AND ABUDHAB...
ย 
Learn the Fundamentals of XCUITest Framework_ A Beginner's Guide.pdf
Learn the Fundamentals of XCUITest Framework_ A Beginner's Guide.pdfLearn the Fundamentals of XCUITest Framework_ A Beginner's Guide.pdf
Learn the Fundamentals of XCUITest Framework_ A Beginner's Guide.pdf
ย 
Tech Tuesday-Harness the Power of Effective Resource Planning with OnePlanโ€™s ...
Tech Tuesday-Harness the Power of Effective Resource Planning with OnePlanโ€™s ...Tech Tuesday-Harness the Power of Effective Resource Planning with OnePlanโ€™s ...
Tech Tuesday-Harness the Power of Effective Resource Planning with OnePlanโ€™s ...
ย 
Unveiling the Tech Salsa of LAMs with Janus in Real-Time Applications
Unveiling the Tech Salsa of LAMs with Janus in Real-Time ApplicationsUnveiling the Tech Salsa of LAMs with Janus in Real-Time Applications
Unveiling the Tech Salsa of LAMs with Janus in Real-Time Applications
ย 
Optimizing AI for immediate response in Smart CCTV
Optimizing AI for immediate response in Smart CCTVOptimizing AI for immediate response in Smart CCTV
Optimizing AI for immediate response in Smart CCTV
ย 
W01_panagenda_Navigating-the-Future-with-The-Hitchhikers-Guide-to-Notes-and-D...
W01_panagenda_Navigating-the-Future-with-The-Hitchhikers-Guide-to-Notes-and-D...W01_panagenda_Navigating-the-Future-with-The-Hitchhikers-Guide-to-Notes-and-D...
W01_panagenda_Navigating-the-Future-with-The-Hitchhikers-Guide-to-Notes-and-D...
ย 
A Secure and Reliable Document Management System is Essential.docx
A Secure and Reliable Document Management System is Essential.docxA Secure and Reliable Document Management System is Essential.docx
A Secure and Reliable Document Management System is Essential.docx
ย 
Right Money Management App For Your Financial Goals
Right Money Management App For Your Financial GoalsRight Money Management App For Your Financial Goals
Right Money Management App For Your Financial Goals
ย 
5 Signs You Need a Fashion PLM Software.pdf
5 Signs You Need a Fashion PLM Software.pdf5 Signs You Need a Fashion PLM Software.pdf
5 Signs You Need a Fashion PLM Software.pdf
ย 
Try MyIntelliAccount Cloud Accounting Software As A Service Solution Risk Fre...
Try MyIntelliAccount Cloud Accounting Software As A Service Solution Risk Fre...Try MyIntelliAccount Cloud Accounting Software As A Service Solution Risk Fre...
Try MyIntelliAccount Cloud Accounting Software As A Service Solution Risk Fre...
ย 
Steps To Getting Up And Running Quickly With MyTimeClock Employee Scheduling ...
Steps To Getting Up And Running Quickly With MyTimeClock Employee Scheduling ...Steps To Getting Up And Running Quickly With MyTimeClock Employee Scheduling ...
Steps To Getting Up And Running Quickly With MyTimeClock Employee Scheduling ...
ย 
TECUNIQUE: Success Stories: IT Service provider
TECUNIQUE: Success Stories: IT Service providerTECUNIQUE: Success Stories: IT Service provider
TECUNIQUE: Success Stories: IT Service provider
ย 

Key Criteria for ERP Software Selection

  • 1. Software Advice Report: Key Criteria for ERP Software Selection Best practices for todayโ€™s software buyer
  • 2. At Software Advice, we regularly speak to enterprise resource planning (ERP) system buyers. These interactions shed light on their needs as well as the pain points of their current methods. Our research finds these buyers struggle with: โ€ข Managing data across disparate systems (59 percent) โ€ข A customer relationship management (CRM) system that is inadequate or difficult to integrate (47 percent) โ€ข Keeping their technology up to date as the company grows (27 percent) Introduction
  • 3. According to Gartner, five vendors had more than half (53 percent) of the entire market share for ERP software in 2014. Theyโ€™re vendors youโ€™re likely familiar with. SAP24% Oracle12% Sage6% Infor6% Microsoft5% Other47% Understand the Market for ERP Software
  • 4. At the beginning of the selection process, buyers should identify which application and modules they will require in a new system. Outline Your Key Application Requirements This will typically include modules for materials requirements planning, quality control and process automation. Larger manufacturing operations that produce a variety of different products will need greater functionality to handle the different processes they manage. Generally includes modules for transportation management, warehouse management and demand planning and forecasting. Larger businesses will require more complex supply chain management applications, especially if they ship products overseas and work with many suppliers, distributors and other vendors. Typically includes modules for applicant tracking and payroll and benefits administration. Allows users to track the organizationโ€™s internal physical and financial assets. Allows users to track relationships with customers and provide insights about them to drive more impactful business decisions. Manufacturing Supply Chainโ€จ Management Human resources Enterprise assetโ€จ management CRM
  • 5. โ€” Craig Abramson, Marketing Director at Third Wave Business Systems, a consulting firm that assists with Microsoft and SAP ERP implementations. Identify a Short List of Vendors โ€œYour first step is to choose an experienced ERP vendor: one with a positive reputation for successful implementations; one that has been down the path before. They need to have a strong understanding of where your company is in its life cycle.โ€
  • 6. Get References From Vendorsโ€”and Elsewhere โ€ข Find third-party reviews. โ€ข Search news aggregators (e.g., Google News) and databases (e.g., LexisNexis) to find any recent news articles about the vendor. โ€ข Search court records for any filings involving the vendor. โ€ข Reach out to people in your industry who are currently using the systems on your short list. Here are some tips for vetting the vendors on your short list:
  • 7. Read the full report Get free price quotes on top ERP software Get unbiased reviews & free demos on top ERP software Learn More About Enterprise Resource Planning Software Read Report Get Free Quotes Get Free Demos
  • 8. Software Adviceโ„ข is a trusted resource for software buyers. We provide detailed reviews and research on thousands of software applications. Our team of software advisors provides free telephone consultations to help buyers build a shortlist of systems that will meet their needs. For more information, visit softwareadvice.com. Software Advice is a Gartner company. Gartner (NYSE: IT) is the world's leading information technology research and advisory company. For more information, visit gartner.com. @SoftwareAdvice /company/software-advice @SoftwareAdvice/SoftwareAdvice