Tag: cost

Why Are ERP Systems Sticky?

Congratulations! You are the executive chosen to spearhead the effort to select and implement a new ERP system to replace the one that your organization originally installed a number of years ago. As you plan for this project, you may find it helpful to know what others in your position have experienced so you know what to anticipate and can craft a better plan to unstick the existing ERP system. 

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The Cost of Upgrading vs. The Cost of Fixing Problems

Upgrading an accounting system can be a daunting task for some. I often here from clients that they feel as though they have just implemented a system and now there is a new version to upgrade to. Unfortunately, this is sometimes the case. Dynamics, for instance, now does 6 month cycle releases for their new versions. Meaning there will be a GP2015, GP2015 R2 and then GP2016. So what is the point in trying to keep up? Is there really that much value in upgrading? 

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The Importance Upgrading

We often say that accounting systems are “sticky”. Once you find one that works for your business you feel locked in because of:

1. The cost. 
2. The fact that you need it up and running every single day so that your business can function efficiently.

The problem is that most organizations are constantly evolving and changing and re-evaluating their needs. You may now need functionality that was not initially needed when you implemented the system. How do you rectify this without starting from scratch with a new system? It’s actually quite simple; you upgrade your current system. 
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