1. A QUICK RECAP…
In our last article we discussed the transformation we have seen in the business software landscape from the all-in-one ERP solutions to what is now known as the ‘software eco-system’
The Software Eco-System
That collective of singular function products specifically chosen to match your business needs.
In the new space of the software eco-system, you can choose every element to suit the way you work with the functions you need.
You get exactly, and only, the elements you need and you’re not paying for functions you don’t need.
2. PLANNING IS THE FIRST IMPORTANT STEP
What’s really important at this early stage is considering what the functional requirements are for your business and how these all interconnect.
Don’t fall into the trap of rushing out and buying the first piece of the puzzle only to find that it doesn’t connect to the next all-important piece.
You also need to consider more than just what your business needs today. None of us have a crystal ball into the future, but it’s more than likely your business will grow, so think about scale. That ability to grow your business within your system framework without having to go through the same decision making and migration processes because you have outgrown your chosen system before you have recouped your investment.
3. WHATS AT THE CORE OF YOUR BUSINESS?
There’s no point in having the very best accounting system if your core business is manufacturing. Start at the core. If manufacturing or inventoty is your thing, start there and identify what is the most functionally complete manufacturing or inventory solution that meets your business needs and then look to what accounting (or any other add on) systems can integrate (talk) to your chosen manufacturing solution. Don’t let the tail wag the dog.
4. ENGAGE AND CONSULT
You might think you know what everyone needs in the business, but have you asked them? Make sure you get buy-in at all levels to the decision-making process. Ownership of the new solution by all staff involved can make or break a successful transition. Too often we see decisions being made at the top with no ownership from those that have to use it and make it work.
5. UNDERSTAND INTEGRATION
Integration is that process of connecting all your chosen solutions together and there are complexities. Integration is one of those terms that is easy said but not always easy to deliver. Make sure you engage the right skills and expertise in this space to ensure the flow of data around the business is accurate and delivering what you need.
Business can benefit enormously from what the software eco-system has to offer and there are many specialists who have the experience with software selection and integration. Your investment in new solutions involves both time and money so it’s important that you get it right.
This is an article for Business Blindspots Tasmania. To ensure you receive our regular updates from expert business advisers across a range of areas follow our LinkedIn group.