Too often, it is not recognized for its importance. This could seem like an obvious criterion. ERP selection criteria #2: upper management support is it out-of-the-box functionality, a customization, or a 3rd party integration. This granular detail will give you a full scope a system's functionality, and how their software can meet your requirements i.e. how does the general ledger automate recurring transactions? And, if the software allows rules to calculate the amounts for GL transactions.

Our requirements template goes beyond individual feature requests, and asks for specific function e.g. Do they agree with the requirement list? Does it need to be updated? Can someone provide a solid case to elevate a point from tier 2 to tier 1? Much of every other criterion assumes this list is as good as it can be.Īn ERP requirements template will be invaluable to this process, allowing you to break down your required features into specific functionality. Take your priority list around to the same people who provided your inputs.

Any other listed items are in a lower category, merely “nice to have”. The next priority tier includes things that are not mandatory but there is general agreement that including them will benefit the company. Reach a solid consensus as to which requirements are absolutely “must have”. When every thought is written, then prioritize the entire list. Call in former employees and current salespeople. Listen to executive management, and your customers and suppliers. Talk to your production workers and your purchasing manager. Use every resource available to make this list excellent. ERP selection criteria #1: business requirementsĭevelop a clear and comprehensive list of your requirements for your ERP. We will answer these questions in our ERP selection criteria list below, but keep in mind your own business problems, and how they apply to each set of criteria along the way. What customization do you need from the out-of-the-box software?.How your system integrates with existing systems that will be staying - you need a system that works across your entire business rather than many disparate systems.How much does you ERP system cost? An ERP needs to be within your business budget.What user support do you need for your ERP system?.What industry experience your ERP provider has with companies like yours.Meets functional requirements for your business - the system does what it is supposed to and helps rather than hinders.Every business' criteria for critical requirements will differ slightly, but you should ensure that your ERP system: When selecting an ERP you should consider many factors as this system will impact every aspect of your business for years to come. Download your free ERP selection checklist to ensure you don't miss a step when choosing your ERP.

Software selection decision matrix