Don't laugh - the average lifespan of an ERP system is 7-10 years
Don’t laugh! I know, I know…many of our customers say that after 7-10 years they are finally settling in after the implementation! We have seen many a customer stretch out the lifespan of their ERP system to 20+ years. That sounds great for the company’s bank account, but is it good for the business?
An outdated ERP system hurts your business in many ways, not just with slow performance. The best-of-breed functionality is now 2 decades old, and obsolete technology can't leverage newer technology. Lack of integration leads to siloed data that hurts communication and your internal teams feel the pain, and your customers are noticing. Poor visibility into your operations makes it nearly impossible to achieve industry-based regulatory compliance and meet financial auditing requirements. Not to mention the sheer size of Big Data that is being collected today vs. 2 decades ago or the fact that your vendor is no longer supporting your ERP version.
Let’s scrap it all and start over!
Is it that black and white though? There is an ocean between “do nothing” and “replace everything”. Taking incremental steps can give your organization a tremendous amount of benefit without the tremendous price tag that often goes with ERP replacement, but you need to be willing to take the first step. Maybe there is a manufacturing ERP add-on that you know would provide tremendous benefit and improve overall efficiency, or a web portal that you log in to that allows you to communicate with your suppliers, but it has no tie to your purchase orders, or maybe your team would benefit from a review of industry best practices and how that compares to how your ERP system is currently being used. Or at the very least you need to know if your ERP system is still meeting the organization’s needs.
“Success will never be a big step in the future. Success is a small step taken just now.” – Jonatan Martensson
Crossroads RMC specializes in helping manufacturers maximize the benefit of “the small step”. Not sure how Crossroads RMC can optimize your business?
Our Infor ERP Services can optimize your business with the following initiatives and many more:
Infor LX (ERP LX) Services>
Infor LN (ERP LN) Services>
It's time to take the first step today!
800-762-2077 | email@example.com