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ARTICLE · 05 APRIL 2021

A Roadmap To ERP Implementation

ERP has become imperative for the growth of an organization as it allows smooth integration of all the business processes and offers a holistic solution. With an ERP system the optimum value...

IndiaFinance and Banking

ERP has become imperative for the growth of an organization as it allows smooth integration of all the business processes and offers a holistic solution. With an ERP system the optimum value and objective can be achieved when it provides the desired information that enhances decision making capabilities. ERP needs to be designed according to the entity's business and its processes. Thus, the correct implementation of ERP is very important for the organization to reap optimum benefits.

Implementation of ERP abruptly could have numerous consequences that will eventually affect an organization's overall growth on a large scale. For instance, if the ERP implementation in a manufacturing unit goes wrong; the sales manager would struggle to get his forecast reports, the production manager would find it difficult to obtain accurate inventory reports, and the finance team would need to coordinate with multiple stakeholders to get hold of accurate MIS reports. This chaos can

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