This document provides a guide for small to mid-sized businesses (SMBs) on selecting and implementing an ERP (Enterprise Resource Planning) system, highlighting the importance of a strategic evaluation process. It outlines eight key points for decision-makers, including forming a selection committee, prioritizing company goals, understanding total costs, and assessing vendor fit. The document concludes by underscoring the necessity of tracking KPIs post-implementation to ensure the ERP system meets organizational objectives.

1. Your Cloud Partner…

2. Are you looking for the
right ERP package for
your small to mid-sized
business ?
There is plenty of information available on internetabout ERP
solution.However, there is little advice on the right strategy to evaluate
good ERPsoftware.
This PPT is intended to provide some of thatmuch-needed guidance.

3. The Real Challenge
Implementing an ERPsystemhas grown to becomea challenge for
all organizations. Reason - rising instances
of failed ERP
implementations world-wide.
Is the problem worse for the SMBs?
Market reports suggest SMB owners
have faced the maximumroadblocks
when it comes to implementing
enterpriseapplications; and ERP
implementation is the leading one.

4. If the problem is alarming, is the solution available?
s.
A tactical approach is what we suggest.
SMBs should discardthe fact that any ERP
package will work and their organization will
simply conformto its functionality. Ideally,
ERPshouldbe a transformational business
initiative providing key competitive
advantage And to achieve this, business
decision makers need to invest time,
discussing the 8 KEY POINTS.

5. 1. Form the selection committee
Most companies do the mistake of
equating softwareto just IT. Choosing ERP
software is notan IT buta business decision.
IT department should only
be your support.
Involve decision makers representing
all departments of your organization.
Ensure theyhave a deep knowledge and
understandingof the industry and your
business;and have the authority to bring
change.

6. ERP package designed in
2. Plan the future goals
Do not develop a list of software features. Rather doing this, develop a list of what
you want the company to achieve through the ERP system. Example –
Provide my clients with precise delivery dates.
Maintain 100% accurate inventory.
Achievements are more far-reaching. Choosing
accordance to your future goals will always be rewarding. It will transform your
organizational culture in a positive way and will increase profitability.

7. 3. Synchronize the goals
Prioritize the list items and select top 3-5 goals
NOW.
that your company needs to achieve
Define and document your current business
processes, pain points, and strengths. Group
the goals by function (order entry, shipping,
etc.) and level of importance. Differentiate the
must-haves from the nice- to haves.
Remember the goals will eventually be
used to evaluate different ERP packages.

8. 4. Evaluate the Technical Fit
Although ERP is ideally a business initiative, be clear about how the software
solution will align with your current infrastructure.
Consider…
Which database platform do
you want to run the software
on?
Do you want an ERP package
that runs on the platform you
choose?

9. 5. Understand the total cost
Harvard Business Review – Cost overrun is one of the critical problems that SMBs
face on choosing the wrong ERP software vendor. As per one of the studies,
among1471 enterprise system projects, the average cost overrun is 27% (approx).
What we suggest:
It’s a lot easier to accept potential costs
early in the process than after getting
committed to a particular solution.
Businesses need to opt for total cost
calculation before making the FINAL
PLUNGE.

10. 6. Parameters for cost calculation
Hardware cost
Software cost
Training and change management cost
Cost involved in allocation of internal resources
Cost due to business disruption
Application management costs
Integration costs.
Note: Divide the costs into one-time and recurring. Calculate the recurring costs
considering the usable time of the software.

11. 7. Reach out the vendors
Most companies choose a solution based on what competitors are doing. Result –
they fail to meet their own unique business requirements and sources of competitive
advantage.
Instead of following-the-herd policy, organizations
needs by considering –
need to understand their business
Business model (Make-to-order/Make-to-
stock/Mixed model)
Size of user base: Number of users who
will be on the system (At this stage, you
need only an estimated number of
named and concurrent users)
Frequency of use
End-user profile.

12. 8. Essentials of an ERP software solution
Ease of use and intuitiveness:
An ERP system should be designed to
help the user flow through the modules
smoothly.
Access to information:
On demand ability to display relevant
information on-screen. There should be
options to drill down into detailed
information instantly.
Coherence:
Uniform look and feel across various
modules that enable consistency between
functions.
Customizability:
Much-needed flexibility to customize the
application without interfering with the core
software.

13. 9. Track the KPIs
Measure it to achieve it
To gain the full potential of the ERP system, organizations need to keep track of
KPIs, after the ERP goes live. Based on the success metrics, corrective action
should be taken. .
Note:
KPIs measured should include customer and
organizational benefits. Example –
Customer-side :
Accurate order fulfillment
Prompt delivery act
High customer satisfaction score.
Organizational-side:
Low supply chain management expense
Reduced outbound logistics costs
Inventory days.

14. Get started with Corelynx Now !
Corelynx Inc. is a fast growing Silicon Valley
based Enterprise Software Company,
deploying world-class ERP package solutions
for different industry verticals.
We hold extensive experience in developing
complex business applications, online
commerce solutions and CRM systems.
Our organized process, advanced technology
and an efficient workforce have enabled us to
achieve 200+ customers in a few years.

15. It’s our clients who spread word about us!
Take a sneak peek into what our customers have stated about their Corelynx
experience –
Corelynx helped us improve critical business processes in an incredibly short amount
of time. Corelynx provided the kind of services and support that I would expect in a true business
partnership. Their devotion to quality and customer satisfaction is unsurpassed in the industry. I
wouldn’t hesitate to recommend Corelynx to any of my peers and I know and trust they will surpass
all expectations.
Thor Hiselberg, CEO, NorthPoint
Corelynx is a trusted vendor, but more importantly, Corelynx is a trusted partner.
Developing software solutions requires a unique blend of technical expertise,
business acumen and creativity. Corelynx excels in all of these areas. In today's fast-changing
environment, every project requires numerous changes as it progresses from concept to
implementation, and companies must adapt effortlessly and expediently in order to survive.
This requirement is amplified when developing software. Corelynx has assisted ID Cuffs
increase its competitive advantage by providing unique software solutions that adapt to these
volatile conditions.
Denis Kelly

16. Corelynx’s THREE Engagement Models
Full-time Equivalent:
Allocation of dedicated resources to a client’s
project.
Fixed Cost:
Suited for short-term small and medium sized
projects where the requirements are not likely
to change in the development process.
Maintenance:
Applicable for the post implementation phase
to bring continuous improvement to the project.

17. Contact Us
CA 94568
Corelynx Inc
11501 Dublin Blvd, Suite 200 Dublin,
510.790.3641 x 1101
Email: info@corelynx.com
www.corelynx.com