http://www.erpnews.net ERP News , Articles and Success Stories From All Around The World Thu, 08 Mar 2012 16:11:09 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.erpnews.net/100/half-of-erp-projects-achieve-less-than-half-of-projected-benefits/#comment-240 James Watson Thu, 08 Mar 2012 16:11:09 +0000 http://www.erpnews.net/?p=100#comment-240 ts about more than understanding....it is vitally important to demonstrate how the system has made the company more profitable over time... you took the business through months of pain, spent an awful lot of money and changed the way everyone does their jobs. To be seen as successful you have to prove, communicate and shout about the value you created. Start with the right objectives, build a solid business case, select the right partners, measure for the ROI and prove you achieved it. Fail to do that and even projects that technically did deliver on their objectives can still be seen to have failed to win hearts and minds. ts about more than understanding….it is vitally important to demonstrate how the system has made the company more profitable over time… you took the business through months of pain, spent an awful lot of money and changed the way everyone does their jobs. To be seen as successful you have to prove, communicate and shout about the value you created. Start with the right objectives, build a solid business case, select the right partners, measure for the ROI and prove you achieved it. Fail to do that and even projects that technically did deliver on their objectives can still be seen to have failed to win hearts and minds.

]]> http://www.erpnews.net/100/half-of-erp-projects-achieve-less-than-half-of-projected-benefits/#comment-239 Eric L Thu, 08 Mar 2012 14:09:54 +0000 http://www.erpnews.net/?p=100#comment-239 To benefit from that, a company needs to define a set of metrics for quantifying the company performance upon the launch of the ERP system. E.g., operations costs reduction, sales performance because of a possibly better CRM interface coming from the ERP, or a more efficient credit control. Another important benefit contributed from a good ERP system would be the gathering of the business information through the interaction between the sales and purchase activities and that information would be vital for formulating and implementing various business strategies. To benefit from that, a company needs to define a set of metrics for quantifying the company performance upon the launch of the ERP system. E.g., operations costs reduction, sales performance because of a possibly better CRM interface coming from the ERP, or a more efficient credit control. Another important benefit contributed from a good ERP system would be the gathering of the business information through the interaction between the sales and purchase activities and that information would be vital for formulating and implementing various business strategies.

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