Every time we think of digitizing and automating our business processes to make a step closer towards success, we often find ourselves trapped in the bunch of ERP software solutions available in the market. Every ERP software company markets their solutions as the best ERP software solution in the industry and little do we know which one is the real best.

Like no two companies are the same, and have a different set of needs and requirements related to the ERP software solution; No two ERP solutions are the same too. Although, there are some common ERP modules that nearly all the ERP software solutions possess, but other than that, all ERP software solutions have their unique features and functionalities related to their industry times, cost criteria, business type, etc.

We have been seeing business leaders pondering the same query related to the best ERP software in the industry and thus, thought of jotting down some of the important factors that determine which ERP software type would be a best-fit for them.

Let’s have a look at the same and understand in detail:

How to Find Your Best-Fit ERP Solution

Searching for the perfect ERP software solution could be a task if you have little or no knowledge about the various ERP software solutions available in the market. However, if you have a clear understanding related to your company needs and expectations related to the ERP software, this complexity could be mitigated to a much greater extent.

Let’s take a look at the factors that mean a lot while you choose the ERP software for your company.

1.Know the Loopholes in the Processes

There must be for sure some scope of improvement in the business processes that you decide to adopt a smart and robust automation solution. Thus, before you start to search for the solution, it is important for you to understand the loop holes in your company that are hindering the growth and success of the organization. This will in turn, help you find the ERP software solution that you need.

2.Understand What your Employees Demand

Employees that run the basic business processes know better what needs to be improved and what needs to be simplified. Thus, it is important to understand employees’ expectations in the alignment of the business processes; they will even help in the customization of the solution to give the most personalized experience in the company.

3.Know Your Budget

ERP software solution is a big investment, especially for the small to midsize businesses. If you are planning to adopt the ERP solution, it is important that you define your budget and carry out your search based on the same. There are many ERP solutions available based on different cost criteria, but not all the ERP software of the same cost category has the suite of applications like SAP Business One does. One such clear comparison is SAP v/s Oracle, Both the software are equally potential in managing the end-to-end business processes, however, SAP Business One is cost effective and Oracle ERP is way too expensive.

SO, there you have the important factors that you must consider before searching the best-fit ERP software for your organization.