Whether you like it or not, there comes a day when you must update your ERP. This is especially if your business is constantly growing. At some point, you would require s4hana migration to upgrade your systems. All this is to stay up-to-date with ERP solutions and avoid possible disruptions.
As your business grows, it might require more features and comprehensive solutions. However, you must be careful with updating your ERP to get a good solution.
This article will share different ways to ensure you get an effective ERP upgrade.
1. First, Think About Opportunities
Always look for ways and opportunities to improve current operations when updating your ERP solution. You shouldn’t just update your system for its sake. The goal should be to give more value to the business by getting better solutions. Look at all features that come with the update. This is the only way you will know you’re getting better value for your money.
2. Lookout For Available Extensions and Modules of Current Software
Sometimes you might think that you need an update on your ERP while all you require is an additional module or extension. When you’re business is small, you don’t get all modules with the ERP system. Some of them might have been omitted because they were not necessary. But as you grow, you might require those extensions that were omitted.
So before you do an update, consult with your ERP service provider. Find out if there are modules that were left out. Then find out if they would serve your update needs. If the modules are useful, you don’t have to get another upgrade.
3. Ensure All Information Is Up To Date
Most of the time, updating an ERP system means migrating data to another system. And that will require everything to be correct and up to date. To avoid losing critical data, ensure your data is up to date. Review applications, documentation, and procedures. Ensure you won’t need any improvement or changes when you update your ERP system.
4. Analyze Workflows, Processes and Reporting
For a successful ERP update, it’s critical to ensure that all tools are utilized to their highest levels. So, even before you upgrade your systems, check if the current workflows, processes, and reporting are meeting audit and business needs. This information will help you understand the kind of ERP system that you need.
Also, review the ERP system you’re about to acquire. Ensure they have standard reporting systems.
This step should be a consultative exercise. Consult with the other management and people analyzing reports. Find out if specific features they might need in the system update.
After updating your ERP system, you should follow up with everyone who uses it after about two to three weeks. This will help you identify any concern and address it early enough. Even after updating the system, you might realize that some things were left out. Other times you might update a system and end up with a bad system than the one you had before. So, to avoid some of these occurrences, always follow up with ERP users after the update.