Your Cloud Partner…

Are you looking for theright ERP package for

your small to mid-sizedbusiness ?

There is plenty of information available on internet about ERPsolution. However, there is little advice on the right strategy to evaluate good ERP software.

This PPT is intended to provide some of that much-needed guidance.

The Real Challenge

Implementing an ERP system has grown to become a challenge forall organizations. Reason - rising instancesimplementations world-wide.

of failed ERP

Is the problem worse for the SMBs?

Market reports suggest SMB owners have faced the maximum roadblocks when it comes to implementing enterprise applications; and ERP implementation is the leading one.

s.

If the problem is alarming, is the solution available?

A tactical approach is what we suggest.

SMBs should discard the fact that any ERP package will work and their organization will simply conform to its functionality. Ideally, ERP should be a transformational business initiative providing key competitive advantage And to achieve this, business decision makers need to invest time, discussing the 8 KEY POINTS.

1. Form the selection committee

Most companies do the mistake ofequating software to just IT. Choosing ERP software is not an IT but a business decision. IT department should onlybe your support.

Involve decision makers representingall departments of your organization. Ensure they have a deep knowledge and understanding of the industry and your business; and have the authority to bring change.

ERP package designed in

2. Plan the future goals

Do not develop a list of software features. Rather doing this, develop a list of whatyou want the company to achieve through the ERP system. Example –

Provide my clients with precise delivery dates.

Maintain 100% accurate inventory.

Achievements are more far-reaching. Choosingaccordance to your future goals will always be rewarding. It will transform yourorganizational culture in a positive way and will increase profitability.

3. Synchronize the goals

Prioritize the list items and select top 3-5 goalsNOW.

that your company needs to achieve

Define and document your current businessprocesses, pain points, and strengths. Group the goals by function (order entry, shipping, etc.) and level of importance. Differentiate the must-haves from the nice- to haves.

Remember the goals will eventually beused to evaluate different ERP packages.

4. Evaluate the Technical Fit

Although ERP is ideally a business initiative, be clear about how the softwaresolution will align with your current infrastructure.

Consider…

Which database platform doyou want to run the softwareon?

Do you want an ERP package that runs on the platform you choose?

5. Understand the total cost

Harvard Business Review – Cost overrun is one of the critical problems that SMBsface on choosing the wrong ERP software vendor. As per one of the studies,among1471 enterprise system projects, the average cost overrun is 27% (approx).

What we suggest:

It’s a lot easier to accept potential costs early in the process than after getting committed to a particular solution. Businesses need to opt for total cost calculation before making the FINAL PLUNGE.

6. Parameters for cost calculation

Hardware cost

Software cost

Training and change management cost

Cost involved in allocation of internal resources

Cost due to business disruption

Application management costs

Integration costs.

Note: Divide the costs into one-time and recurring. Calculate the recurring costs considering the usable time of the software.

7. Reach out the vendors

Most companies choose a solution based on what competitors are doing. Result –they fail to meet their own unique business requirements and sources of competitive advantage.

Instead of following-the-herd policy, organizationsneeds by considering –

need to understand their business

Business model (Make-to-order/Make-to-stock/Mixed model)

Size of user base: Number of users whowill be on the system (At this stage, youneed only an estimated number ofnamed and concurrent users)

Frequency of use

End-user profile.

8. Essentials of an ERP software solution

Ease of use and intuitiveness:An ERP system should be designed to help the user flow through the modules smoothly.

Access to information:On demand ability to display relevant information on-screen. There should be options to drill down into detailed information instantly.

Coherence:Uniform look and feel across various modules that enable consistency between functions.

Customizability:Much-needed flexibility to customize the application without interfering with the core software.

9. Track the KPIs

Measure it to achieve itTo gain the full potential of the ERP system, organizations need to keep track of KPIs, after the ERP goes live. Based on the success metrics, corrective action should be taken. .

Note:KPIs measured should include customer and organizational benefits. Example –Customer-side :

Accurate order fulfillmentPrompt delivery actHigh customer satisfaction score.

Organizational-side:Low supply chain management expense Reduced outbound logistics costs Inventory days.

Get started with Corelynx Now !

Corelynx Inc. is a fast growing Silicon Valleybased Enterprise Software Company, deploying world-class ERP package solutions for different industry verticals.

We hold extensive experience in developingcomplex business applications, online commerce solutions and CRM systems.

Our organized process, advanced technologyand an efficient workforce have enabled us to achieve 200+ customers in a few years.

It’s our clients who spread word about us!

Take a sneak peek into what our customers have stated about their Corelynxexperience –

Corelynx helped us improve critical business processes in an incredibly short amountof time. Corelynx provided the kind of services and support that I would expect in a true business partnership. Their devotion to quality and customer satisfaction is unsurpassed in the industry. I wouldn’t hesitate to recommend Corelynx to any of my peers and I know and trust they will surpass all expectations.

Thor Hiselberg, CEO, NorthPoint

Corelynx is a trusted vendor, but more importantly, Corelynx is a trusted partner.Developing software solutions requires a unique blend of technical expertise,business acumen and creativity. Corelynx excels in all of these areas. In today's fast-changing environment, every project requires numerous changes as it progresses from concept to implementation, and companies must adapt effortlessly and expediently in order to survive. This requirement is amplified when developing software. Corelynx has assisted ID Cuffs increase its competitive advantage by providing unique software solutions that adapt to these volatile conditions.

Denis Kelly

Corelynx’s THREE Engagement Models

Full-time Equivalent:Allocation of dedicated resources to a client’sproject.

Fixed Cost:Suited for short-term small and medium sized projects where the requirements are not likely to change in the development process.

Maintenance:Applicable for the post implementation phase to bring continuous improvement to the project.

Contact UsCA 94568

Corelynx Inc11501 Dublin Blvd, Suite 200 Dublin,510.790.3641 x 1101

Email: info@corelynx.comwww.corelynx.com