Businesses implement enterprise systems to achieve business benefits. The challenge is that the ERP product selection and implementation process can be confusing – multiple options, processes, implementation structures and budgetary requirements all need to be considered. Let the team at Leverage Technologies help you with a requirements analysis so that you can get the most from your ERP selection and implementation investment. This will lead to a quicker ROI through:
Improved cash flow
Better customer service
Happier team members
Better decision making
Quicker quote to cash time frames
Want to know more about implementing ERP to achieve business benefits – contact the team at Leverage Technologies to talk to an experienced ERP consultant.
Finalising your decision about which ERP solution to select and just as importantly, which ERP solution provider / implementation partner to select is a critical step in the implementation process and can have a substantial impact on your return on investment.
Factors that you will want to consider include:
Is there a high degree of functional fit for the suggested solution. What gaps are there and what 3rd party or integrated solutions are required?
There is a good fit between your organisation and the ERP partner you are considering. Have you met with the implementation team?
What implementation methodology will be used and is that methodology well suited to your organisation and the structure of your project – size and complexity?
What are the project risks – budget, timeline, data – all need to be assessed.
Has the ERP implementation partner had previous experience in your industry with similar customers?
What resourcing is required – from the ERP implementation partner and what internal resources are required to successfully implement?
What is the suggested ROI? What business benefits are likely to be derived? How should ROI be measured?
Do your budgetary expectations match the budgetary requirements for the solutions on your shortlist? What is included / excluded from this budget?
Are the timelines realistic? What are the risks to the planned timeline? Is the resource available to meet the current deadlines?
Identifying issues with your current systems and business processes.
Reviewing your requirements – functional, technical and business process.
Working on ROI, investment and resource justification.
Identifying possible solutions – based on budget, requirements, fit etc.
Demonstrations of potential ERP providers and solutions.
Creating your shortlist of potential ERP solutions.
The questions that is often asked now is – what is next? Now that you have established your shortlist of potential suppliers how do you get to the next level of detail and comfort that the solution on your shortlist is the right solution for your business? The team at Leverage Technologies has implemented ERP solutions for more than 300 customers – we know and understand the challenges associated with enterprise solutions product selection, implementation, budget and support.
Your Guide to moving from accounting software to ERP
to help your business grow.
A pre-sales ERP system requirements analysis is a structured process used by Leverage Technologies and potential customers to identify the high-level requirements, functional gaps, budget, timeline and implementation process for a potential ERP project.
The team at Leverage Technologies will want to meet with your SME’s (Subject Matter Experts) in each functional area to workshop your requirements and expected business outcomes. For example, meetings/workshops will be set up with the finance team leader to discuss financial reporting requirements, general ledger structure, costing requirements, BAS, billing, fixed assets and banking. If your business holds inventory, a workshop will be required with the warehouse manager, purchase planning manager and inventory manager to review requirements.
Requirements analysis deliverables:
The results from these workshops are used to develop a high-level system overview and requirements analysis including the following deliverables:
High level project plan
Functional requirements document
Resource requirements – implementation partner and customer
Functional gap analysis
Project management requirements
Hardware / infrastructure and cloud requirements
System integration requirements
The pre-sales requirements analysis will help both parties (ERP implementation partner and customer) better understand the system requirements, timelines, scope and budgets. By spending additional time on the requirements analysis, you will be able to identify any major project risks so that you can work on strategies to minimise risk and create value. The requirements analysis gives you clarity and allows you to approach your implementation with confidence.
The customer experts in each functional area (subject matter experts) will be required to attend the sessions so that they can workshop with the Leverage Technologies team your business functional requirements.
A solutions architect expert from Leverage Technologies will manage the workshop and will be responsible for the deliverables – including a requirements analysis document. The Leverage team member will manage the workshop process and will have a lot of questions to ask. These questions will cover multiple functional questions. The customer subject matter experts simply need to be at the workshop with a high level of enthusiasm and energy to help the Leverage ERP experts explore your businesses requirements, business structure and preferred business outcomes.
Confused by your ERP Software Selection Process? Your 17 point guide to choosing the right ERP solution for your business.
Leverage Technologies has a team of friendly, experienced consultants who want to help you choose the right ERP solution. Our team also wants to work with you to successfully implement and support your chosen enterprise solution from:
Our team of requirements analysis experts includes:
SAP Business One
SAP Business ByDesign
SAP S/4HANA Public Cloud
If you want to reduce the risks associated with ERP implementation, contact the ERP expert team at Leverage Technologies to schedule your requirements analysis.