ERP Cost Versus Quality for SMB’s in India

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ERP Cost Versus Quality for SMB’s in India

ERP cost is an important factor for micro enterprises who wish to implement ERP solutions. Today lot of industries are trying to make IT as an effective way to grow their business, the industries which falls under large scale enterpirses are well equipped with IT resources and infrastructure. However as we dig deep inside the small and medium enterprises their way of working and operation typically in India are very much unlikely as they have adjusted themselves with the ideal way of manually managing their resouces.

ERP implementation is not at all easy on atmosphere in micro enterprises and small and medium business. The reason behind that is they lack systematic approch and policies for their organization. However we can see today there are many software industries in India and the world who has come up with the ERP solutions for the small and medium businesses. Most of the ERP systems are coming online on SAAS platforms. The benefits of SAAS platform gives micro enterprise take advantage of quick and easy access to data and sharing of information in and out of the organization.

All ERP’s  are good. However without going deep into the details of ERP market, here we would like to share some of the important cost versus quality factors in succesfully implementig ERP solutions for the micro enterprises.

 

ERP cost verus quality features adoption for micro enterprises in India

1> ERP for the micro enterprises come in a ready package on SAAS platform depending on the number of users.

2> Cost of implementing ERP for the micro enterprises falls under the range 1.5 Lac to 2 Lac or even may be less compared to the product’s features, quality and ease of using the application.

3> SAAS based ERP are subscription based where mirco enterprises can pay on  a per month basis or per annum.

3> However the micro enterprises in Indian market are yet reluctant to invest on such products, probably they are trying to find more into the features of the product as compared to the budget.

4> Those who have invested without digging deep initially on the features of the ERP by adopting as it is has been one of the most happier customer in the micro segment.

5> Most of the cases where micro enterprises fails on ERP is they are unaware of the money material and manpower operation that is really needed to make ERP implemenation successful. However such investments go overhead for an enteprises which falls under the micro segments.

6> Scaling business and enterprises with SAAS based ERP is one of the best option for growth of industries today.

7> The important point of discssuion as a result is to make aware the micro enterprises the true value of SAAS based ERP products.

8> If an enterprise really wants to grow they must go for ERP which is scalable with the ability to grow with their business.

9> Micro enterprises needs to understand that ERP is a vast product but to make mirco enteprises fit into the product, the software industries have cut down most of the features which are available on the large enteprise products. This is viable because cost factor matters, manpower matters,  resourcses matters when it comes to investing such resouces.

10> To add features and improve quality of an ERP product for the micro segment is a matter of cost, however you can invest on the best features as your grow or upgrade your version. The true power of SAAS based ERP for the micro segment comes through auto upgrades and this provides the efficiency for long run growth of the enterprises.

11> So What does it takes initially to launch an ERP system for your Enterprise? It is simplest inputs that you can feed into the system and the simplest MIS reporting that is at least visible on a report.

12> Making much lengthy inputs and processes initially would not be a correct way to start. The same thing comes for reporting as well. MIS reports can be configured later after the simplest day to day data entry process has began and you are all set up with your end to end ERP solution. After you have made this, its time to go for long input processes and generating the best MIS dashboard and KPI needed for deep insights on all modules.

If you have read this article and agrees to the same, share your opinion below.

Dev
Dev

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