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A lot of businesses are searching for easy to use enterprise resource planning (ERP) software solutions which offer advanced functionality, flexible business intelligence reporting options and integration with existing business applications. The number of Excel spreadsheets being used to compensate for holes in the existing ERP system can be an indication of how ready a business is to move to a new ERP system. Other indicators include mandates for cost-reduction measures and the need for integrating multiple business systems so that the organization can be examined and run more effectively.
With more options and better pricing from vendors, it's easier to purchase systems to meet growing and changing business requirements versus in-house development. Even if there isn’t an pre-packaged solution that does exactly what an organization needs, there are customizable packages available from several vendors. Dealing with changing business needs, companies are expecting new ERP systems to have capabilities such as activity-based costing, lean manufacturing, and specialized electronic data interchange to help them conduct business their customers. Pricing is another top consideration. Vendors are offering attractive financing alternatives to traditional big-ticket ERP investments. With leasing or rent-to-own licensing, buyers can spread out the payments over two to four years, which adds significantly to the business case for investing in a new ERP solution. ERP upgrades or migrations are always a major headache to the business and its processes, but new solutions can provide significant payback. Many organizations have islands of information that make it difficult to get a single view of their business. The right ERP system, can give businesses a holistic view of a business—allowing for better business decisions.