Why We Believe the Future is in the Cloud – Pt VII

Estimated read time 4 min read
  • B2C Commerce

This again, I would say, is a point of organizational preference; as to would you want your ERPNext to act as your point of commerce or you would want to go for a standalone commerce platform.

  • Advanced Allocations

Every organization is looking out for ways and means to improve overall efficiency and accuracy of financial reporting, making advanced allocations functionality a mandate for your ERP solution.

  • Tax Administration: Payroll & Tax Filing

Tax administration technology is supposed to be a core part of your manufacturing software that inherently saves time, money and efforts of your finance team, does the ERP you are considering has this feature?

  • ECM – Engineering Change Management

Products and manufacturing process management, happens to be a fundamental and consistent challenge that organizations face. The CRM Software that you are seeking needs to have ECM with central logistic functions that can be utilized to mend several aspects of production’s basic data purely depending on specific conditions.

  • CCM – Customer Credit Management

Does your ERP software report customer’s credit standing for any time and period, and also enables you to monitor on-going sales activity for designated customers, as it is required to hold credit for evaluation of a sale. Check out for this feature as well.

  • ATP – Available To Promise

ATP module gives you as a manufacturer, better visibility into completion across levels and the entire supply chain. This functionality, though optional for your organization, would prove really important in your ERP.

  • APS – Advanced Planning System

What do you do in case you are required to track costs based on several activities that are responsible for driving costs in the production of manufactured good using APS? Apart from other features, it should be in a position to allocate raw materials and production capacity optimally to balance demand and plant capacity. Don’t ignore; look out for this capability in the ERP Software module you are considering.

  • Lean Manufacturing

If you are one of those manufacturers, you are the one who would need these tools in build in your field service management software, to support lean manufacturing and flow scheduling practices for production, replenishment and inventory.

  • BPM – Business Process Management

The most vital to your ERP system and selection is the Business Process management module. It is so because this module will empower you with capabilities to automate all your business processes.

  • Flexible Network Design

Generally critical and included element for any top ngo accounting software selection is the flexible network design as it increases the scalability and efficiencies to a supply chain module.

  • Module/API Integration

You may go ahead to select any of the ERP package, at the end it needs integration between modules and optionally several third party platform APIs in order to swiftly connect all of your core business functions. This makes the information to flow across the organization which helps you with BI reports about organization wide results.

  • Installation Type

There are chances that you might opt for either a SaaS or On-Premise ehs software installation. Each of the option has its benefits and limitations, so it is highly advisable to first evaluate your organizational preferences- extensively. Most important part in the evaluation of any ERP solution that you are considering should include:

o             What are the Implementation Services available?

o             What is the Maintenance Contracts/On-site maintenance availability?

  • Support

Take my word for this, any good hvac service software solution should include enlisted support channels:

o             Forum/Community Support

o             Phone & Email

o             Chat & Instant Message

Apart from aforesaid, it also should include availability across time zones, looking at the criticality of their ERP solution to your organization to function at its best. This also should include extensive end-user training development tools, as well.

  • Vendor Credibility

This also is one of the most crucial considerations, as you might end up deciding perfectly on all the aforesaid factors, but the vendor that you select without due diligence is the one with not many clients who are appreciative about his past performance, integration, staff interfacing, etc.

  • Financial Stability

Also ensure you check out the financial stability/status with help of services like Dun & Bradstreet. You can go ahead to check out the funding history, even the recent funding, count of employees, and several such indicators. This will help you gain confidence about the selection of a job card software vendor, which you are considering is in good shape – fiscally.

So finally, it seems we have put across anything and everything that you should consider while selecting an ERP platform and an ERP vendor.

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