SlideShare a Scribd company logo
1 of 12
7 Key ERP
Implementation
Challenges And Risks
Introduction
An ERP implementation is a multi-phase project that includes
redesigning businesses processes to take advantage of the
new system’s capabilities, configuring the software, migrating
the organization’s data and training users.
The process typically takes a few months and can take up to
a year at large organizations.
It’s usually managed by a project team that includes
stakeholders from all functional groups in the company.
7 Key ERP Implementation Challenges
Project
management
Project
planning
Data
integration
Data quality
Change
management
Cost overruns
Continuous
improvement
Project Management
ERP implementations entail multiple phases:
Discovery and planning, design, development, data
migration, testing, deployment
Each phase brings critical tasks, and all elements need
to stay on track, which requires meticulous project
management.
Project Planning
One of the most common causes of budget overruns is
scope creep—when a business adds capabilities or
features to the system that weren’t part of the original
plan—and another is underestimating staffing needs.
A realistic project plan that acknowledges possible
speed bumps and minor cost overruns and addresses
them in advance will simplify that decision-making
process and keep the project on track.
Data Integration
One of the key advantages of ERP is that it provides a
single, accurate source of data for the whole
organization.
A key step in ERP implementation is data migration,
which typically involves moving data from multiple older
systems into the ERP database.
Data Quality
Multiple departments interact with the same customers,
products and orders, organizations often have
duplicate of the same information in their systems.
The information may be stored in different formats;
there may be inconsistencies,addresses or name
spellings; some information may be inaccurate
Ensuring data quality can become a sizable project on
its own, involving validating the data, cleaning out
duplicates and adding missing values before migrating
data to the ERP system
Change Management
An ERP implementation involves more than just switching to a new software system. It
typically means overhauling business processes to take advantage of the efficiency
and productivity improvements possible with the new solution.
Communicate the features and advantages of the new ERP to all stakeholders
throughout the implementation process, especially end users on the front lines.
And make sure all users receive comprehensive training and support to help smooth
their paths to adoption of the system.
Cost
Overruns
Many organizations underestimate the amount of work
required to move to a new business system, and that
results in spending more money than expected.
When internal resources run low, businesses frequently
use a software vendor’s services team or third-party
consultants more than planned.
Training costs are one other expense to consider—ERP
vendors often offer free basic training to customers, but
you may need to pay for additional training hours or
classes during or after the implementation.
Continuous
Improvement
An ERP implementation is not a one-off
effort that ends when the new system goes
live.
The solution must continue to evolve to
support new business demands and
technology.
Project team needs to continue to manage
the project after deployment, fixing issues
and supporting new requirements as they
come up.
Our Services
Don’t know where to start while deciding to shift to a more advanced ERP system? Confused about
the customization capabilities of different ERP softwares? Not sure how to estimate the costs involved,
and what to check in the product demo?
We’ll take the stress out of project managing your ERP implementation by:
Helping you pick a suitable ERP software (after assessing your business needs and requirements)
Negotiating license costs with the implementation vendor.
Preparing your team for change management (which is no joke).
Creating BRD and automating processes – you can rely on our expertise to implement the perfect
ERP for your company.
Evaluate How to Optimize the Functionality & Cost of Your ERP with our ERP migration consultants,
Book your FREE call Now at below link-
https://contetra.com/erp-implementation-solutions/
Website : https://contetra.com/erp-
implementation-solutions/
Email Id :
tejas.savla@contetra.com
Phone No : 98338 18857

More Related Content

Similar to 7 key ERP implemantion challenges and risks

Five reasons to invest in a new ERP system
Five reasons to invest in a new ERP systemFive reasons to invest in a new ERP system
Five reasons to invest in a new ERP systemRuben Barattini
 
Steps recommended ascertaining the success of ERP implementation
Steps recommended ascertaining the success of ERP implementationSteps recommended ascertaining the success of ERP implementation
Steps recommended ascertaining the success of ERP implementation6e Technologies
 
ERP Implementation.pdf
ERP Implementation.pdfERP Implementation.pdf
ERP Implementation.pdfaditi1232
 
A Step-by-Step Guide to Choosing the Best ERP Software Solution.pdf
A Step-by-Step Guide to Choosing the Best ERP Software Solution.pdfA Step-by-Step Guide to Choosing the Best ERP Software Solution.pdf
A Step-by-Step Guide to Choosing the Best ERP Software Solution.pdfWebnoxTechnologies
 
Do you know the best practices for implementing ERPNext (1).pdf
Do you know the best practices for implementing ERPNext (1).pdfDo you know the best practices for implementing ERPNext (1).pdf
Do you know the best practices for implementing ERPNext (1).pdfriya sen
 
Essential Steps in ERP Implementation for Your Business
Essential Steps in ERP Implementation for Your BusinessEssential Steps in ERP Implementation for Your Business
Essential Steps in ERP Implementation for Your Businessbeverensoftware
 
Erp implementation cost analysis
Erp implementation cost analysisErp implementation cost analysis
Erp implementation cost analysisCeline George
 
In common implementation errors with ERP software that you should avoid.pdf
In common implementation errors with ERP software that you should avoid.pdfIn common implementation errors with ERP software that you should avoid.pdf
In common implementation errors with ERP software that you should avoid.pdfJose thomas
 
Erp implementation successful steps
Erp implementation   successful stepsErp implementation   successful steps
Erp implementation successful stepsPoonam pandey
 
Enterprise Resource Planning(ERP)
Enterprise Resource Planning(ERP)Enterprise Resource Planning(ERP)
Enterprise Resource Planning(ERP)Tej Kiran
 
Cloud investment buyers guide
Cloud investment buyers guideCloud investment buyers guide
Cloud investment buyers guideKaizenlogcom
 
Cloud investment buyers guide
Cloud investment buyers guideCloud investment buyers guide
Cloud investment buyers guideKaizenlogcom
 
What Is An Erp Implementation
What Is An Erp Implementation What Is An Erp Implementation
What Is An Erp Implementation jayjani123
 
What Is An Erp Implementation
What Is An Erp Implementation What Is An Erp Implementation
What Is An Erp Implementation jayjani123
 
Critical Features all Enterprise Application Software must have
Critical Features all Enterprise Application Software must haveCritical Features all Enterprise Application Software must have
Critical Features all Enterprise Application Software must haveBJIT Ltd
 
Agile in enterprise resource planning a myth no more
Agile in enterprise resource planning a myth no moreAgile in enterprise resource planning a myth no more
Agile in enterprise resource planning a myth no moreMauricio Rivadeneira
 
ERP Key Success Factors Series 1
ERP Key Success Factors Series 1ERP Key Success Factors Series 1
ERP Key Success Factors Series 1velcomerp
 

Similar to 7 key ERP implemantion challenges and risks (20)

Five reasons to invest in a new ERP system
Five reasons to invest in a new ERP systemFive reasons to invest in a new ERP system
Five reasons to invest in a new ERP system
 
Steps recommended ascertaining the success of ERP implementation
Steps recommended ascertaining the success of ERP implementationSteps recommended ascertaining the success of ERP implementation
Steps recommended ascertaining the success of ERP implementation
 
ERP Implementation.pdf
ERP Implementation.pdfERP Implementation.pdf
ERP Implementation.pdf
 
Basics of ERP
Basics of ERPBasics of ERP
Basics of ERP
 
A Step-by-Step Guide to Choosing the Best ERP Software Solution.pdf
A Step-by-Step Guide to Choosing the Best ERP Software Solution.pdfA Step-by-Step Guide to Choosing the Best ERP Software Solution.pdf
A Step-by-Step Guide to Choosing the Best ERP Software Solution.pdf
 
Do you know the best practices for implementing ERPNext (1).pdf
Do you know the best practices for implementing ERPNext (1).pdfDo you know the best practices for implementing ERPNext (1).pdf
Do you know the best practices for implementing ERPNext (1).pdf
 
Essential Steps in ERP Implementation for Your Business
Essential Steps in ERP Implementation for Your BusinessEssential Steps in ERP Implementation for Your Business
Essential Steps in ERP Implementation for Your Business
 
Erp implementation cost analysis
Erp implementation cost analysisErp implementation cost analysis
Erp implementation cost analysis
 
Sage ERP Cost Benefit Analysis
Sage ERP Cost Benefit AnalysisSage ERP Cost Benefit Analysis
Sage ERP Cost Benefit Analysis
 
In common implementation errors with ERP software that you should avoid.pdf
In common implementation errors with ERP software that you should avoid.pdfIn common implementation errors with ERP software that you should avoid.pdf
In common implementation errors with ERP software that you should avoid.pdf
 
Erp implementation successful steps
Erp implementation   successful stepsErp implementation   successful steps
Erp implementation successful steps
 
Enterprise Resource Planning(ERP)
Enterprise Resource Planning(ERP)Enterprise Resource Planning(ERP)
Enterprise Resource Planning(ERP)
 
Cloud investment buyers guide
Cloud investment buyers guideCloud investment buyers guide
Cloud investment buyers guide
 
Cloud investment buyers guide
Cloud investment buyers guideCloud investment buyers guide
Cloud investment buyers guide
 
What Is An Erp Implementation
What Is An Erp Implementation What Is An Erp Implementation
What Is An Erp Implementation
 
What Is An Erp Implementation
What Is An Erp Implementation What Is An Erp Implementation
What Is An Erp Implementation
 
Critical Features all Enterprise Application Software must have
Critical Features all Enterprise Application Software must haveCritical Features all Enterprise Application Software must have
Critical Features all Enterprise Application Software must have
 
About Corelynx
About Corelynx About Corelynx
About Corelynx
 
Agile in enterprise resource planning a myth no more
Agile in enterprise resource planning a myth no moreAgile in enterprise resource planning a myth no more
Agile in enterprise resource planning a myth no more
 
ERP Key Success Factors Series 1
ERP Key Success Factors Series 1ERP Key Success Factors Series 1
ERP Key Success Factors Series 1
 

More from jayjani123

Role Of Technology In Monitoring Compliance
Role Of Technology In Monitoring ComplianceRole Of Technology In Monitoring Compliance
Role Of Technology In Monitoring Compliancejayjani123
 
Strike-off, Restoration And The Impact On Third Parties
Strike-off, Restoration And The Impact On Third PartiesStrike-off, Restoration And The Impact On Third Parties
Strike-off, Restoration And The Impact On Third Partiesjayjani123
 
Struck Off Comapanies
Struck Off Comapanies Struck Off Comapanies
Struck Off Comapanies jayjani123
 
application for strike off a company
application for strike off a company  application for strike off a company
application for strike off a company jayjani123
 
How to strike off a Singapore company and its implications
How to strike off a Singapore company and its implications How to strike off a Singapore company and its implications
How to strike off a Singapore company and its implications jayjani123
 
13 ERP Modules and Their Features
13 ERP Modules and Their Features13 ERP Modules and Their Features
13 ERP Modules and Their Featuresjayjani123
 
6 key phases of an erp implemantion plan
6 key phases of an erp implemantion plan6 key phases of an erp implemantion plan
6 key phases of an erp implemantion planjayjani123
 
6 key phases of an erp implemantion plan
6 key phases of an erp implemantion plan6 key phases of an erp implemantion plan
6 key phases of an erp implemantion planjayjani123
 
REPORTING ON STRUCK DOWN COMPANIES REVIVED BY NCLT
REPORTING ON STRUCK DOWN COMPANIES REVIVED BY NCLTREPORTING ON STRUCK DOWN COMPANIES REVIVED BY NCLT
REPORTING ON STRUCK DOWN COMPANIES REVIVED BY NCLTjayjani123
 
reasons of comapnies struck off
reasons of comapnies struck off reasons of comapnies struck off
reasons of comapnies struck off jayjani123
 
LIQUIDITY OF COMPANY WHAT ARE THE STEPS TO BE TAKEN
LIQUIDITY OF COMPANY WHAT ARE THE STEPS TO BE TAKENLIQUIDITY OF COMPANY WHAT ARE THE STEPS TO BE TAKEN
LIQUIDITY OF COMPANY WHAT ARE THE STEPS TO BE TAKENjayjani123
 
What are the Differences Between US GAAP and IFRS Financial Statement.pptx
What are the Differences Between US GAAP and IFRS Financial Statement.pptxWhat are the Differences Between US GAAP and IFRS Financial Statement.pptx
What are the Differences Between US GAAP and IFRS Financial Statement.pptxjayjani123
 
Striking Off the Name Of a Company by the Registrar Of Companies
Striking Off the Name Of a Company by the Registrar Of Companies Striking Off the Name Of a Company by the Registrar Of Companies
Striking Off the Name Of a Company by the Registrar Of Companies jayjani123
 
Advantages and Benefits of ERP Software Solutions
Advantages and Benefits of ERP Software Solutions Advantages and Benefits of ERP Software Solutions
Advantages and Benefits of ERP Software Solutions jayjani123
 
Evolution of ERP System
Evolution of ERP SystemEvolution of ERP System
Evolution of ERP Systemjayjani123
 
ERP strategy and digital finance transformation
ERP strategy and digital finance transformationERP strategy and digital finance transformation
ERP strategy and digital finance transformationjayjani123
 
Relationship with struck off companies
Relationship with struck off companiesRelationship with struck off companies
Relationship with struck off companiesjayjani123
 
Advantages of Financial Statements Preparation.pptx
Advantages of Financial Statements Preparation.pptxAdvantages of Financial Statements Preparation.pptx
Advantages of Financial Statements Preparation.pptxjayjani123
 
What are the Types of Technical Accounting Memos.pptx
What are the Types of Technical Accounting Memos.pptxWhat are the Types of Technical Accounting Memos.pptx
What are the Types of Technical Accounting Memos.pptxjayjani123
 
Mistakes to Avoid When Applying for a CIN
Mistakes to Avoid When Applying for a CINMistakes to Avoid When Applying for a CIN
Mistakes to Avoid When Applying for a CINjayjani123
 

More from jayjani123 (20)

Role Of Technology In Monitoring Compliance
Role Of Technology In Monitoring ComplianceRole Of Technology In Monitoring Compliance
Role Of Technology In Monitoring Compliance
 
Strike-off, Restoration And The Impact On Third Parties
Strike-off, Restoration And The Impact On Third PartiesStrike-off, Restoration And The Impact On Third Parties
Strike-off, Restoration And The Impact On Third Parties
 
Struck Off Comapanies
Struck Off Comapanies Struck Off Comapanies
Struck Off Comapanies
 
application for strike off a company
application for strike off a company  application for strike off a company
application for strike off a company
 
How to strike off a Singapore company and its implications
How to strike off a Singapore company and its implications How to strike off a Singapore company and its implications
How to strike off a Singapore company and its implications
 
13 ERP Modules and Their Features
13 ERP Modules and Their Features13 ERP Modules and Their Features
13 ERP Modules and Their Features
 
6 key phases of an erp implemantion plan
6 key phases of an erp implemantion plan6 key phases of an erp implemantion plan
6 key phases of an erp implemantion plan
 
6 key phases of an erp implemantion plan
6 key phases of an erp implemantion plan6 key phases of an erp implemantion plan
6 key phases of an erp implemantion plan
 
REPORTING ON STRUCK DOWN COMPANIES REVIVED BY NCLT
REPORTING ON STRUCK DOWN COMPANIES REVIVED BY NCLTREPORTING ON STRUCK DOWN COMPANIES REVIVED BY NCLT
REPORTING ON STRUCK DOWN COMPANIES REVIVED BY NCLT
 
reasons of comapnies struck off
reasons of comapnies struck off reasons of comapnies struck off
reasons of comapnies struck off
 
LIQUIDITY OF COMPANY WHAT ARE THE STEPS TO BE TAKEN
LIQUIDITY OF COMPANY WHAT ARE THE STEPS TO BE TAKENLIQUIDITY OF COMPANY WHAT ARE THE STEPS TO BE TAKEN
LIQUIDITY OF COMPANY WHAT ARE THE STEPS TO BE TAKEN
 
What are the Differences Between US GAAP and IFRS Financial Statement.pptx
What are the Differences Between US GAAP and IFRS Financial Statement.pptxWhat are the Differences Between US GAAP and IFRS Financial Statement.pptx
What are the Differences Between US GAAP and IFRS Financial Statement.pptx
 
Striking Off the Name Of a Company by the Registrar Of Companies
Striking Off the Name Of a Company by the Registrar Of Companies Striking Off the Name Of a Company by the Registrar Of Companies
Striking Off the Name Of a Company by the Registrar Of Companies
 
Advantages and Benefits of ERP Software Solutions
Advantages and Benefits of ERP Software Solutions Advantages and Benefits of ERP Software Solutions
Advantages and Benefits of ERP Software Solutions
 
Evolution of ERP System
Evolution of ERP SystemEvolution of ERP System
Evolution of ERP System
 
ERP strategy and digital finance transformation
ERP strategy and digital finance transformationERP strategy and digital finance transformation
ERP strategy and digital finance transformation
 
Relationship with struck off companies
Relationship with struck off companiesRelationship with struck off companies
Relationship with struck off companies
 
Advantages of Financial Statements Preparation.pptx
Advantages of Financial Statements Preparation.pptxAdvantages of Financial Statements Preparation.pptx
Advantages of Financial Statements Preparation.pptx
 
What are the Types of Technical Accounting Memos.pptx
What are the Types of Technical Accounting Memos.pptxWhat are the Types of Technical Accounting Memos.pptx
What are the Types of Technical Accounting Memos.pptx
 
Mistakes to Avoid When Applying for a CIN
Mistakes to Avoid When Applying for a CINMistakes to Avoid When Applying for a CIN
Mistakes to Avoid When Applying for a CIN
 

Recently uploaded

20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdfAdnet Communications
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdfAdnet Communications
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️9953056974 Low Rate Call Girls In Saket, Delhi NCR
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...shivangimorya083
 
Quarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of MarketingQuarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of MarketingMaristelaRamos12
 
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Pooja Nehwal
 
New dynamic economic model with a digital footprint | European Business Review
New dynamic economic model with a digital footprint | European Business ReviewNew dynamic economic model with a digital footprint | European Business Review
New dynamic economic model with a digital footprint | European Business ReviewAntonis Zairis
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxanshikagoel52
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfGale Pooley
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130Suhani Kapoor
 
Chapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th editionChapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th editionMuhammadHusnain82237
 
Q3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesQ3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesMarketing847413
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Roomdivyansh0kumar0
 
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779Delhi Call girls
 
Andheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot ModelsAndheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot Modelshematsharma006
 
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...Call Girls in Nagpur High Profile
 
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...Henry Tapper
 

Recently uploaded (20)

20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024
 
20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf20240429 Calibre April 2024 Investor Presentation.pdf
20240429 Calibre April 2024 Investor Presentation.pdf
 
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️call girls in  Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
call girls in Nand Nagri (DELHI) 🔝 >༒9953330565🔝 genuine Escort Service 🔝✔️✔️
 
Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024Commercial Bank Economic Capsule - April 2024
Commercial Bank Economic Capsule - April 2024
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
 
Quarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of MarketingQuarter 4- Module 3 Principles of Marketing
Quarter 4- Module 3 Principles of Marketing
 
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
Dharavi Russian callg Girls, { 09892124323 } || Call Girl In Mumbai ...
 
New dynamic economic model with a digital footprint | European Business Review
New dynamic economic model with a digital footprint | European Business ReviewNew dynamic economic model with a digital footprint | European Business Review
New dynamic economic model with a digital footprint | European Business Review
 
Dividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptxDividend Policy and Dividend Decision Theories.pptx
Dividend Policy and Dividend Decision Theories.pptx
 
🔝+919953056974 🔝young Delhi Escort service Pusa Road
🔝+919953056974 🔝young Delhi Escort service Pusa Road🔝+919953056974 🔝young Delhi Escort service Pusa Road
🔝+919953056974 🔝young Delhi Escort service Pusa Road
 
The Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdfThe Economic History of the U.S. Lecture 17.pdf
The Economic History of the U.S. Lecture 17.pdf
 
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
VIP Call Girls Service Dilsukhnagar Hyderabad Call +91-8250192130
 
Chapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th editionChapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th edition
 
Q3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesQ3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast Slides
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
 
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
Best VIP Call Girls Noida Sector 18 Call Me: 8448380779
 
Andheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot ModelsAndheri Call Girls In 9825968104 Mumbai Hot Models
Andheri Call Girls In 9825968104 Mumbai Hot Models
 
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
VVIP Pune Call Girls Katraj (7001035870) Pune Escorts Nearby with Complete Sa...
 
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
letter-from-the-chair-to-the-fca-relating-to-british-steel-pensions-scheme-15...
 

7 key ERP implemantion challenges and risks

  • 2. Introduction An ERP implementation is a multi-phase project that includes redesigning businesses processes to take advantage of the new system’s capabilities, configuring the software, migrating the organization’s data and training users. The process typically takes a few months and can take up to a year at large organizations. It’s usually managed by a project team that includes stakeholders from all functional groups in the company.
  • 3. 7 Key ERP Implementation Challenges Project management Project planning Data integration Data quality Change management Cost overruns Continuous improvement
  • 4. Project Management ERP implementations entail multiple phases: Discovery and planning, design, development, data migration, testing, deployment Each phase brings critical tasks, and all elements need to stay on track, which requires meticulous project management.
  • 5. Project Planning One of the most common causes of budget overruns is scope creep—when a business adds capabilities or features to the system that weren’t part of the original plan—and another is underestimating staffing needs. A realistic project plan that acknowledges possible speed bumps and minor cost overruns and addresses them in advance will simplify that decision-making process and keep the project on track.
  • 6. Data Integration One of the key advantages of ERP is that it provides a single, accurate source of data for the whole organization. A key step in ERP implementation is data migration, which typically involves moving data from multiple older systems into the ERP database.
  • 7. Data Quality Multiple departments interact with the same customers, products and orders, organizations often have duplicate of the same information in their systems. The information may be stored in different formats; there may be inconsistencies,addresses or name spellings; some information may be inaccurate Ensuring data quality can become a sizable project on its own, involving validating the data, cleaning out duplicates and adding missing values before migrating data to the ERP system
  • 8. Change Management An ERP implementation involves more than just switching to a new software system. It typically means overhauling business processes to take advantage of the efficiency and productivity improvements possible with the new solution. Communicate the features and advantages of the new ERP to all stakeholders throughout the implementation process, especially end users on the front lines. And make sure all users receive comprehensive training and support to help smooth their paths to adoption of the system.
  • 9. Cost Overruns Many organizations underestimate the amount of work required to move to a new business system, and that results in spending more money than expected. When internal resources run low, businesses frequently use a software vendor’s services team or third-party consultants more than planned. Training costs are one other expense to consider—ERP vendors often offer free basic training to customers, but you may need to pay for additional training hours or classes during or after the implementation.
  • 10. Continuous Improvement An ERP implementation is not a one-off effort that ends when the new system goes live. The solution must continue to evolve to support new business demands and technology. Project team needs to continue to manage the project after deployment, fixing issues and supporting new requirements as they come up.
  • 11. Our Services Don’t know where to start while deciding to shift to a more advanced ERP system? Confused about the customization capabilities of different ERP softwares? Not sure how to estimate the costs involved, and what to check in the product demo? We’ll take the stress out of project managing your ERP implementation by: Helping you pick a suitable ERP software (after assessing your business needs and requirements) Negotiating license costs with the implementation vendor. Preparing your team for change management (which is no joke). Creating BRD and automating processes – you can rely on our expertise to implement the perfect ERP for your company. Evaluate How to Optimize the Functionality & Cost of Your ERP with our ERP migration consultants, Book your FREE call Now at below link- https://contetra.com/erp-implementation-solutions/
  • 12. Website : https://contetra.com/erp- implementation-solutions/ Email Id : tejas.savla@contetra.com Phone No : 98338 18857