- Core modules
- Customization and scalability
- Integration and compatibility
- Security and compliance
- User-friendliness and support
- Cost and value
1. Core modules
One of the first things you should look for in an ERP software is the core modules that it offers. Core modules are the essential components of an ERP system that cover the main business functions, such as accounting, finance, human resources, inventory, sales, purchasing, and manufacturing. Depending on your industry and business size, you may need different core modules to suit your specific requirements. For example, if you are a manufacturing company, you may need a module that supports production planning, quality control, and material requirements planning. Look for an ERP software that has the core modules that match your business needs and goals.
2. Customization and scalability
Another important feature of an ERP software is its customization and scalability. Customization refers to the ability of the software to adapt to your unique business processes, workflows, and preferences. Scalability refers to the ability of the software to grow with your business and handle increased demand, complexity, and data volume. You should look for an ERP software that allows you to customize its features and functions to fit your specific needs and preferences, as well as to scale up or down as your business evolves and changes. This way, you can ensure that your ERP software is flexible and responsive to your business needs.
3. Integration and compatibility
A third feature that you should look for in an ERP software is its integration and compatibility with other software and systems that you use. Integration means that the ERP software can communicate and exchange data with other software and systems, such as CRM, e-commerce, email, or social media platforms. Compatibility means that the ERP software can run smoothly and efficiently on your existing hardware, operating system, and network. Look for an ERP software that can integrate and be compatible with your other software and systems, so that you can avoid data silos, duplication, and errors, and enhance your efficiency and collaboration.
4. Security and compliance
A fourth feature that you should look for in an ERP software is its security and compliance with the relevant laws and regulations. Security means that the ERP software can protect your data and systems from unauthorized access, theft, or damage. Compliance means that the ERP software can help you meet the legal and ethical standards and obligations that apply to your industry and location, such as data privacy, tax, or environmental laws. You should look for an ERP software that has robust security features and compliance tools, such as encryption, authentication, backup, audit, and reporting functions, so that you can safeguard your data and systems and avoid legal risks and penalties.
5. User-friendliness and support
A fifth feature that you should look for in an ERP software is its user-friendliness and support. User-friendliness means that the ERP software is easy to use, learn, and navigate for your employees and customers. Support means that the ERP software provider offers reliable and timely assistance and guidance for any issues or questions that you may have. You should look for an ERP software that has a user-friendly interface and design, as well as a comprehensive and accessible support system, such as online tutorials, manuals, FAQs, forums, chat, phone, or email support, so that you can maximize your user experience and satisfaction.
6. Cost and value
A sixth feature that you should look for in an ERP software is its cost and value. Cost refers to the amount of money that you have to pay for the ERP software, including the initial purchase, installation, maintenance, upgrade, and subscription fees. Value refers to the benefits and returns that you get from the ERP software, such as improved efficiency, productivity, quality, customer satisfaction, and profitability. Look for an ERP software that offers a reasonable and transparent cost structure, as well as a high and measurable value proposition, so that you can get the best return on your investment.
SOURCE: https://www.linkedin.com/advice/1/what-key-features-functions-look-erp-software-skills-erp-software
