a Sift Media publication
Over 23,000 pages of accounting passion and insight!   |   Sift Media logo

How to select and implement an ERP system

Network,Server,ERP

If you or your clients are new to the concept of Enterprise Resource Planning systems, but think this tool might be useful, you need someplace to start. Michael Burns, MBA, CA, founder and president of 180 Systems has written a whitepaper that explains the basics of determining what is an ERP system, is it something that you need, how do you choose a system, and once you've got an ERP system, how do you implement it effectively. 

This document helps readers distinguish between ERP systems and accounting systems, and also provides guidance for establishing goals in selecting and using an ERP system. Start by understanding the business process, start to finish, and defining how to measure success in terms of saving money, increasing revenue, increasing market share, or whatever is significant in the particular circumstance.
 
Burns recommends involving employees in the planning process in order to tap the knowledge of workers at all levels.
 
The whitepaper provides suggestions for how to choose a vendor that will help find a product to meet the specific needs of the company, and then explains how to select the ERP system that will help the company achieve its goals.
 
Burns explains how to calculate the cost of an ERP system, including the consideration of both direct and indirect costs that go beyond the cost of hardware and software. He then discusses methods for successfully implementing the ERP system, keeping in mind the tools for measuring the success of the project.
 
 
About Michael Burns:
Michael Burns, MBA, CA, is president of 180 Systems, which provides independent consulting services, including business process review, system selection, and business case development. He can be reached at (416) 485-2200; mburns@180systems.com.
 

Related articles:



Tags:   
Welcome Visitor!
Sign up for the Weekly Insight newsletter to stay informed of future content in this category.
Email:
Already have an account? Sign in:
Forgotten your password?
Join us FB Connect with us LI Follow us
Voice of the Editor
Amidst a certain amount of controversy, the AICPA and the Chartered Institute of Management Accountants have launched a new designation for global management accountants, the CGMA (Chartered Global Management Accountant). The designation is available to members of both organizations.
Read more >>

Gail Perry, CPA
Editor-in-Chief, AccountingWEB
editor@accountingweb.com