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the challenge that comes with implementing an ERP system for the professional service industry is the wide range of services offered by individual firms. Professional services firms tend to provide a wide range of services that can vary significantly from one another. This can make it difficult to find an ERP system that can accommodate all the different services offered.
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CHALLENGES OF ERP FOR THE PROFESSIONAL SERVICE INDUSTRY https://sap.silvertouch.com/
Introduction Professional services ERP software is designed to enable such companies to work more efficiently while assisting them to allocate resources properly and increase efficiencies. In this article, we are going to discuss the top challenges of ERP for professional services https://sap.silvertouch.com/
PROJECT MANAGEMENT It is one of the biggest ERP implementation challenges. An implementation process includes multiple phases like discovery, design, development, data migration, testing, deployment, and maintenance with real-time technical assistance. https://sap.silvertouch.com/
DATA MIGRATION It can provide users with a single source of data for the entire company. But for leveraging the benefit of data analysis and actionable insights, you need to move data from multiple sources across different departments into the ERP database. https://sap.silvertouch.com/
CHANGE MANAGEMENT An ERP for professional service industry brings revolutionary changes in the workflow and routine operations. It not only brings automation to several processes but also overhauls them to leverage the benefits of more efficiency. https://sap.silvertouch.com/
PROJECT PLANNING As mentioned in the first point, ERP implementation consists of multiple phases and simultaneous processes. As per the Statista survey, scope creep or lack of planning is one of the most common reasons for budget overruns in ERP implementation. https://sap.silvertouch.com/
QUALITY OF DATA Let’s face it! Multiple departments interact with the same products, customers, and stakeholders on multiple occasions. This leads to duplication of information. In other words, it is fairly possible that the same information is stored in different formats across various departments. https://sap.silvertouch.com/
Item 5 20% Item 1 20% CONTINUOUS MONITORING An ERP implementation is not an overnight process. Also, it does not end when the new system starts working. It is essential for you to ensure that the professional services ERP software keeps on evolving in line with changing trends and requirements. Item 4 20% Item 2 20% Item 3 20% https://sap.silvertouch.com/
ADDITIONAL EXPENSES A customized ERP for professional service may cost you more than your budget estimation. It is because many organizations tend to underestimate the effort and time required to switch to the new business system before implementing the ERP. https://sap.silvertouch.com/
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