The capabilities gap between older versions of ERP designs and current designs can create a problem that many organizations are slow to fix. If you already have an ERP system in place, but you’re running an older version of it, chances are your ERP is not helping your business to continue to grow and evolve as quickly as you would like. Changing vendors can be as expensive an endeavor as adding an ERP to your organization for the first time. But, if your ERP vendor has continued to make investments in their ERP solution, upgrading your current system—rather than replacing it—presents a very smart option.
If you already have an ERP system in place, and you’re running on an older version of it, there’s a good chance it’s no longer able to keep up with your organization’s growing needs. The capabilities gap between older versions of ERP designs and current demands already poses a problem that many
companies simply can’t ignore.
As IDC puts it, “Selecting and implementing a new ERP system can be a daunting process that places a burden on the organization’s resources, and as a result can be a very difficult decision to make. Thankfully, upgrading your ERP presents a good alternative to replacing a solution completely.”1
When upgrading your ERP solution, the most recent version of the application should foster a decisionmaking environment and be flexible enough to match your business processes—not force you to change your processes to match the way the system operates. And, it should be able to adequately serve your entire enterprise—and scale as your company continues to grow and evolve.
What do you need to know?
If you follow this roadmap, you’ll know what to consider when upgrading your ERP system. These guidelines and simple suggestions can help to frame your conversation about upgrading to the most recent release of your system with your software provider and/or upgrade partner.
Read these 7 important factors to consider when considering an upgrade to your ERP system. Have questions? ICCG has answers.