Choosing the appropriate ERP Vendor

Most korean big companies have chosen ERP system as a main system already.
There's still opportunity for the middle-size or small compamies in the ERP market.

I think the success of an ERP lies in choosing the vendor and using it. Hence the process of choosing ERP software vendors is an equally important task.


There's useful tips for choose the appropriate ERP Vendor here
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ERP software vendors are innumerable in terms of service and efficiency. Choosing the right ERP vendor for the company is not an easy decision.
The company has to choose a person who fits well in all the parameters. All the criteria from service to cost have to be satisfied.
The following are the points that have to be taken into consideration.
Practical DemonstrationsThe company has to witness the proceedings directly. It is not possible for them to have an idea of his services unless they experience it. The decision making authority should even be willing to travel to the vendor's premises in order to expect the standards, norms and similar features. The company must initially choose few players from ERP vendors list.
Competitive EdgeAs told in the beginning ERP vendors are far in number. The company has to look for the extra feature of one vendor when compared with the other. This will not only help him in deciding the right person but also lead to competition among vendors and the resultant improvement in terms of the quality in products and services. Both ways will only result in the expansion of ERP vendors list.
On the basis of studyThe company usually makes a study to determine the choice of the ERP vendor. This Study is a major deciding factor though the fact remains that the results of these studies will be applicable only if they are done properly. The company must make the use of the results in choosing the ERP vendor because it will not be proper to go for the Market leader (among ERP vendors) if the studies proves otherwise or they don't meet the requirements of the company. The popularity of ERP software vendors does not necessarily speak for service in relation to the needs and business of the company. The top service provider in ERP vendor list need not necessarily be the apt person for your company.
Vendors CredibilityThe company must have a fair idea of the vendor's stake in the market. This will come in handy to know the pros and cons in choosing that particular vendor .A look at his background, previous experiences, clientele will enable them to decide if that particular vendor is suitable and apt to offer services to them. His credibility will have a say on the fortune of ERP supposedly to be implemented in the company. At the same time it is not advisable to go for the best vendor in the market as said earlier for his services might not be the apt one for the company. It is very important to analyze the vendor's credibility with respect to the area of service where the company desires to implement ERP. Such an evaluation will add value and meaning in terms of making the decision of choosing the ERP vendor.
Flexibility of the vendorIt is very important for the company to choose a vendor who will hear and implement their suggestions. It is not possible to expect them to dance to the whims and fancies of the ERP vendor. The company should heed to the words of the ERP vendor in terms of technical aspects and expertise. They have to work in coordination and draft solutions. It will help them to achieve mutual benefits. On the other hand the Vendor also must extend cooperation in terms of accepting the views of the company and clarifying issues.