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Increase the return on investment in ERP

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In order to succeed, you need to follow the right path, the path which many companies have gone before you, they paved the way before you selecting the best system in the ERP market.

Every company needs faster response and access to its internal processes, plan workflows, reporting, real time decision making using its huge Data depository, as well as preparing to implement ERP. All these components are related to the analysis of functional requirements, or to the analysis of business processes.

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1. Upscale working model and criteria.
It is very important to identify targets, assess the potential results at the end of the project, and then compare this output with the likely costs of implementing the program.

2. Business Processes.
Reduce costs and increase profits are the two most important needs to improve - business processes. Business processes using an ERP will ensure their effectiveness.

Automation of most business processes will reduce time, and cost, which in turn will speed up other important processes you need to focus on. With these modern systems you can process large amounts of information, use the best databases and speed up the processing and execution of vital business directions, receive reports in real time. All this will allow you to make important decisions quickly, efficiently, and be more competitive.

3. Indicators and performance criteria.
A necessary step is to create a baseline for evaluating the business (key performance indicators or targets); it will be necessary to recalculate them in quantitative expression. Every direction and purpose, to analyze the effectiveness of what’s in place now, and how to improve more.

4. Analysis and development of all parts of business processes.
Development begins with a primary business process analysis. Then prepare a detailed description that will help all structures to understand their roles and responsibilities, analysis of the Entities or departments, analysis of Process that flow between them daily, and the data vehicle used in these processes, the goal again is to be affective, to reduce cost, and increase profits.

5. Criteria and performance indicators for specific segments.
For each employee and for each department should be a set of goals and indicators to measure directly effectiveness in said department.
Each employee should be to maximum set up on their goals, clearly know all the means used. And rewarded for being on track, in such company daily momentum success is assured.

6. Training of staff.
You need to plan and develop a program for training, it will allow them to expand their horizons, and to see the big picture, and where they fit in it, train them how to use new methods and technology, to them give them new skills to work with processes and tasks more efficient.
Good training in place, follow up on SLAs, gradually train employees new systems usabilities, what is new should be known to them too, not only upper management, as well as to share departmental experiences with each other and develop new strategies forward.

7. Assessment of progress.
Since the true value is determined by the ERP system in place for business, doing daily if not hourly the analysis and determine what specific progress has been achieved as a result of implementation of the system, and compare these data with the plans for each departments and individual employees based on existing capabilities. If efficiency or end results somewhere below the forecast. An ERP system will help clear where the weaknesses, bottlenecks, and slow progress are and on what processes we should work harder to improve.

8. Measures for troubleshooting.
Further training, well understood baselines, correct assessment of capabilities, improved communication, quick response, focus groups and improved management processes to help you improve efficiency and increase ROI. That it is part of cost- control strategy, which leads to continuous nonstop improvement in today's global market.

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