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Unlocking Success: How to Craft the Perfect ERP Justification Strategy

Forgestik Team  |  November 18, 2019

Here are arguments to convince various teams and decision-makers that a new ERP is the right choice

The right technological tools offer your company great opportunities. But do you know which ones to present to your boss to justify the purchase of an ERP solution? Nothing is more frustrating than continuing to work with an old system that no longer supports your growth!

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Your boss is a top executive

Develop a strategic plan

Define and showcase competitive advantages with revenue growth, increase operating margins, leverage your assets more efficiently and extend your company's capabilities to generate value for your stakeholders.

Show better performance perspectives

Access metrics that truly reflect the current situation and enhance decision making with real-time information.

Analyze and plan future strategy

Explore new opportunities while minimizing your risks. You can better position the company in the future with the help of scenario planning.

Enable better collaboration company-wide 

Communicate with your colleagues, listen to their input and manage them within your business units and across the organization without overlooking any steps.

Your boss is a financial executive

Maximize the value of your investment

No matter how you measure financial efficiency – NPV, ROI or TCO – generate more value in less time and get long-term benefits with:

  • fast business system implementations;
  • rapid user adoption;
  • frequent improvements to differentiate yourself better.
Switch from Capex to Opex

Set up efficient balance sheets to help you protect your cash flow and free up your financial resources.

Maintain full financial capability

Protect your core financial strengths through financial planning, consolidation, customer and supplier processes, as well as subsidiary profitability analyses.

Boost performance

Access real-time processes and analytics that provide granular detail on customized and self-service performance indicators.

Improve your procurement efficiency

Cut down on manual tasks thanks to smart automation and use predictive analytics to assess contract usage rates to improve renegotiation terms and ensure compliance.

Assess and manage your financial risk

Manage your assets and capital investments, as well as your liabilities, better with robust analytics and scenario planning that will help you better inform your company's decision-makers.

Your boss is an IT decision-maker

Invest in innovation rather than maintenance

Invest in new technologies rather than in maintenance and service requests for outdated systems to get more value out of your budget.

Enjoy the benefits of a flexible solution

By focusing on innovation and service without needing to worry that your system will not evolve at your own pace, you’ll have peace of mind.

Implement a bimodal IT strategy

Combine robust core systems with innovative commercial digital initiatives to build more agile capabilities without compromising critical processes.

Implement new business processes

Roll out distinctive technologies that can improve processes and enhance their impact on your lines of business.

Expand your digital core

Define a strategy to extend your ERP's capabilities to larger ecosystems, markets and communities.

Avoid technological dead ends

Develop the right mix of new capabilities, architectures and delivery models to avoid recurring expenses on siloed or, worst of all, incompatible technological solutions.

Your boss is a business executive

Find new ways to monetize your assets

Enter new markets and monetize your assets thanks to a better insight into your company data.

Interact with your customers

Integrate your business capabilities to drive interaction across all channels with personalized, predictive and dynamic experiences that generate value at all customer contact points.

Make faster and better decisions

Use in-memory capabilities to analyze, report, simulate and predict in real time, and make better decisions.

Automate for greater efficiency

Integrate and automate business processes so that your teams have the information they need to react more quickly.

Deliver an exceptional user experience

Improve employee satisfaction and engagement with distinctive IT systems that provide an intuitive, engaging and effective user experience.

To be more competitive, growing companies are investing in ERP solutions to boost performance, spark innovation and deliver more long-term growth with:

  • data-based business decision-making;
  • alignment of internal processes to better serve customer needs;
  • achievement of financial KPIs and profitable growth;
  • simplifying expansion to new markets.

Get help from experts 

With the right tool in hand, your business can grow more quickly. Feel free to contact us to get more insights about the best ERP solution for you: SAP Business One. You'll be better equipped to convince your boss that you've done your homework!