How to choose the right industry-specific ERP solution

How to Choose the Right Industry-Specific ERP Solution: 4 Key Factors to Consider

Ipad projection ERP letters in the air.

When searching for an industry-specific ERP solution, it's crucial to find a product that meets your requirements, can be easily upgraded, and minimizes the need for customization. In addition to the product itself, it's essential to investigate the Independent Software Vendor (ISV) behind the ERP system's industry-specific part. This article highlights four essential factors to consider during the selection process.

1. Alignment with Your Needs:

While selecting an ERP solution, ensure it aligns with your company's present and future needs. Ask the ISV how they handle unmet requirements and if they are open to feedback for potential improvements. A collaborative approach with the ISV can lead to workarounds or integrating your desired features into the standard product.

2. Partner Selection:

Consider the partner that the ISV works with, as they play a significant role in delivering the solution. Opt for a partner with experience in your industry and a track record of success with the ERP solution. Determine if they view themselves as a genuine partner or merely a product reseller, as long-term commitment and industry focus are crucial for a successful collaboration.

Four partners fist bumping.

3. Product Roadmap:

An ERP system is a significant investment, and you want to make the right choice with as few changes as possible. Assess the ISV's ability to provide a clear and credible roadmap for their product's future development. Knowing what to expect from future versions will help you make an informed decision and ensure the product stays relevant to your evolving needs.

4. Trust Your Gut Feeling:

At the end of the day, remember that people deal with people, not just companies. If two ISV solutions seem similar, your gut feeling can be a decisive factor. Engage with the ISV during the selection process to understand their vision and ensure a good fit for your company's future.

When searching for an ERP system, consider adding an industry-specific ISV solution to the standard ERP product. By taking into account the factors discussed above, you can make an informed decision and select the right ERP solution that best suits your company's needs.

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