The implementation of a new enterprise resource planning (ERP) solution can be overwhelming. So often, these types of projects that involve significant investment and enthusiastic aspirations fall flat, regardless of an organization’s size and complexity.
This article will review areas to consider and best practices for ERP software implementation to help facilitate a successful outcome.
Determining the Need & Implementing a New ERP
A new ERP solution is more than an accounting system selection – it’s a decision that impacts the entire company, including project management and planning, project accounting and budgeting, as well as progress billing and revenue recognition. In some organizations, timekeeping, property and lease management, and even inventory for facilities may also be within the scope of requirements to consider.
The following are key questions that a construction business must consider to ensure its expectations align with reality as it embarks on this journey.