9 Factors To Keep In Mind When Buying ERP Software with GST

9 Factors To Keep In Mind When Buying ERP Software with GST

ERP Software is a complete business management software and it helps a company to run all the departments and keeps an account of everything in the business. It also calculates and presumes the profit that the company will make with the help of information collected and details provided to it.

It is not a simple decision when it comes to selecting an ERP Software for a business. There are multiple things to keep in mind while selecting a software, hence here are the 9 factors to keep in mind when buying ERP Software:

1. Make list of requirements

Make a list of things that you want to benefit from an ERP Software that you will be purchasing. Make a list of requirements that your business have, type of departments and their necessities. And then make a list of ERP Software that you will be able to utilize for your requirements based on their features and functions.

2. Look at all the options

There are numerous ERP Software in the market, therefore do not limit yourself with just the few. Read more about ERP Software and find out the features of each ERP and read their reviews.

There might be numerous ERP Software that will be suitable for your business, but look at the options and select the best ERP solution for your business. Check for their drawbacks and compare them and then go ahead with your final decision.

3. Professionalism

ERP Software will act as a partner in your business as it will be taking part in the entire business. The right ERP for your business will not support implementation only on selective basis but will be your partner helping you manage your business daily. Make sure the ERP shows your professionalism at work.  Check if your business is more professional using an ERP Software, automated invoices, work progress meter, profit meter etc and everything a business needs. The ERP Software that is considered best delivers ongoing training, supports the resources and determines a positive implementation.

4. Intelligence

Every ERP Software is an intelligent software but not every ERP shares the same amount of intelligence. Examine the intelligence of the ERPs that you have shortlisted and if it will be able to achieve your targets. How productive each ERP is and how far can it support the growth of your business.

5. User friendly

Read and scrutinize deeply about its flexibility. When you purchase an ERP Software you would want to use it as fast as possible and hence make sure that it is user friendly and your employees can adapt with it quickly. You cannot spend a year training your employees how to use a software, it should take only maximum two months, by this time your employees must be able to operate it entirely with ease. Hence make sure it is easy for adopting and operating so you can use it as soon as possible and can utilize its benefits to the maximum. Therefore software that customize are the best ERP Software suitable for any kind of business.

6. Get professional’s advice

Take help from people who are professional and has a thorough knowledge on ERP Software. Get an idea from them about the type of ERP that will be suitable to work with and will be beneficial for your type of business. Only after you are clear about the software and its details you can go ahead with shortlisting as you will have to be aware of the questions that you are suppose to ask the vendors so you can get out all the information from them. If you aren’t aware about the software there is no way that you will be aware of what you are looking for either. Hence a knowledge about ERP from a professional is a must before going about blindly asking vendors and shopping for just any branded or known ERP Software.

7. Think before customizing

Consider the amount of changes you will have to make in order to customize the software for your business and how much is it going to cost to make those changes. Find out which software blends easily and which ones have more customization to do for your business. If the customization is extremely unique and it must be done with any type of ERP Software look for an ERP which will need less customization and which one will be more cost effective for your business.

8. Budget

Your business’s budget is a major thing to keep in mind before getting a software. Budget is also a factor while shortlisting software for selection as you cannot just go ahead with software that claims to be on the top of the market and spend everything on management and have shortage in budget for your business. Calculate all the expenditure that will go it purchasing and everything that comes with it like customization, monthly revenues etc.

9. Free trials

The most important factor is taking a trial of the software. This makes everything easier for you. You can easily learn about the function of a software when you actually use it and check on your own. All the ERP Software provides free trial on their websites hence it is safer to take free trial before you finalize on the product. Reading about it, taking advice and learning about it from a vendor is not enough unless you actually try it out in real life as it will help you figure out how user friendly it is, how is it’s management, amount of intelligence it holds and also the amount of customization it might need.

Reach ERP Software is one of the most leading software in the market. It is cloud based and customize with your business hence you don”™t have to bend with it, instead it bends with your business and according to your necessity. (we also make changes and give extra requirements with charges if necessary and based on the issue) Reach ERP Software is user friendly, has a lot of features and is accessible from anywhere. It takes care of business operations that include assembling, scheduling, orders, expenses, income, production, accounting, billing, sales, managing inventory etc.

You can operate it easily as it is user friendly and customize with any type of business for your maximum benefit. It automates your business and allows you to look after your business even when you are not at your workplace since Reach ERP updates you all the details in real time anywhere and everywhere. Here are the features of Reach ERP Software:

• Project management
• Invoicing
• Expense management
• Accounting
• Inventory management
• Bulk messaging
• Lead management
• Mobile app

For more information and queries click on Contact us. For free trial of Reach ERP software click on >> Demo

Sumathi

I’m a tax expert with over 10 years of professional experience. I’ve gained practical insights on GST and other Taxes during my tenture as a Tax expert and GST Trainer in Reach Accountant.