SAP ERP Services in Singapore, Malaysia

ERP Trends - Future of Enterprise Resource Planning

Paul Jones 0 June 30, 2021

ERP software, in the beginning were intended to provide
enterprise wide solution for all business activities with single application
and single data repository, but today ERP is headed towards another direction
and may start appearing quite different in near future. SAP and Oracle have
been the giants of <a href="https://synnovesystems.net/erp/">ERP industry</a>
and even these companies have shown clear signals of changing their strategy
and planning to provide more practical solutions to their customers rather than
sticking to the old theory of ERP software.

The change which <a href="https://synnovesystems.net/erp/">ERP
software</a> seems to adopt in near future is to have more modular approach
than striving to resolve the problems of businesses with one single
application. In the effort of providing one single application with all the
functionality for all core business aspects ERP software have become more
robust and thereby more and more complex and costly to implement. Today many
companies use big ERP software at their head offices and small, easy to
implement 2 tier software at work locations, these software are from different
companies so sometimes problems with integration and communications arise, but
companies manage such issues because they are manageable and inflict much
lesser expenses and time wastage than implementing a big ERP at each location.

Fabricated ERP solutions with set of applications where each
application having deep functionality for a single business aspect like HCM,
CRM, SCM, Financial management etc with complete and easy integration
facilities with other applications is the future form of ERP. This gives user
the leverage to switch onto ERP with step by step approach and also does not
require dedication of all the human and financial resources for ERP
implementation. Such a suite will have more solution-oriented applications and
since all the applications will interact with one data repository and will also
be able to communicate with each other in real time so all the benefits of ERP
software which were perceived at the beginning will remain intact.

<a href="https://synnovesystems.net/erp/">ERP solutions</a>
inclined and equipped with more and more e-commerce facilities and tools shall
come up in near future. The availability of this feature in ERP software has
opened up gates for midsize companies to make their presence felt in the global
markets and in order to attract more and more users from this sector,
e-commerce facilities shall hold the prime place in all the ERP company's
marketing and designing strategies in future.

Hosted ERP, cloud computing, on demand and SaaS were all
introduced in order to capture mid-size and small sector companies by providing
economical and easy to use solutions. The time and money involved with
on-premise ERP software scared SME for opting for ERP solutions despite of its
huge benefits, with these solutions minimum IT infrastructure is required and
very less time is needed for implementation, this gives SME companies an ideal
solution to utilize ERP benefits for growing and expanding their business. Such
offers with more eased out licensing models and facilities are expected in
future to attract more and more small and midsize buyers. Strong data security
features and advanced ways of keeping backup of the user's data will also come
up to increase trust and credibility of such solutions even in the eyes of
large organizations.

<span style="-webkit-text-stroke-width: 0px; background-color: #151f58; color: white; display: inline !important; float: none; font-family: Roboto, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">3 International Business Park,<br style="-webkit-text-stroke-width: 0px; background-color: #151f58; background-repeat: no-repeat; box-sizing: border-box; color: white; font-family: Roboto, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; margin: 0px; orphans: 2; outline: 0px; padding: 0px; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;" /><span style="-webkit-text-stroke-width: 0px; background-color: #151f58; color: white; display: inline !important; float: none; font-family: Roboto, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">#03-31 Nordic European Centre,<br style="-webkit-text-stroke-width: 0px; background-color: #151f58; background-repeat: no-repeat; box-sizing: border-box; color: white; font-family: Roboto, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; margin: 0px; orphans: 2; outline: 0px; padding: 0px; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;" /><span style="-webkit-text-stroke-width: 0px; background-color: #151f58; color: white; display: inline !important; float: none; font-family: Roboto, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Singapore 609927

ERP Trends - Future of Enterprise Resource Planning

ERP software, in the beginning were intended to provide enterprise wide solution for all business activities with single application and...

How to select a new ERP system?

Paul Jones 0 June 30, 2021

ERP software selection or how to select ERP can be a tough
question to answer. It is an important issue and the right selection leads to a
successful implementation. While doing the ERP software selection, the management
should keep the time frame required for implementation, cost of the
implementation, customization time and cost in mind. Enterprise Resource
Management system integrates the various functions of the business
organizations such as Human Resources, Finances, Production planning, Sales,
inventory, etc. The implementation requires a lot of time, money and effort and
so the management should know how to select ERP correctly. An ERP system
provides many benefits to an organization and increases the productivity of the
organization.

ERP software selection depends on many factors and can be a
tough decision to make since there are a number of ERP packages in the market.
Since there are so many options, making the right ERP software selection has to
be done carefully. To select ERP, one should study the business requirements
and select the one which is best suited to the organization. A proper ERP
selection can deliver many benefits within time and budget allotted. A proper
system selection methodology includes a structured approach. Everyone involved
should be aware of the format of selecting the vendor. The vendor should offer
focused demonstrations that are relevant to the business. This will help to
make a proper decision.

The management should be fully involved in the decision as
the ERP system involves nearly all the departments of the organization. The top
management should participate in the selection of the vendor and other
activities. How to select <a href="https://synnovesystems.net/erp/">ERP</a> can
be a complex decision which will have economic consequences; therefore, the
right ERP software selection has to be made.

Sometimes the companies make some mistakes which leads to
improper ERP software selection. The requirements have to be studies well
before and after the ERP is implemented and without doing this; one may make a
wrong selection. Some people stress on the cost factor alone ignoring other
factors. If the management is not properly involved in the decision on how to
select ERP, it may be done by just one department or one person which may be
biased to his department. An understanding of the offer given by the vendor
must be well understood else it can lead to delays. ERP systems also fail when
there is a lack of knowledge inside the company. A consultant with sound
knowledge should be appointed. Vendors should be chosen keeping their track
record in mind.

The ERP software selection is for long term so one should
ensure that the product being bought will stay long term. The requirement for
the <a href="https://synnovesystems.net/erp/">ERP software</a> should be
established initially and then the right ERP selection team should be put
together. The ERP software should be able to adapt to the business by being
flexible enough. Also, the ERP software selection should be based on the number
of organizations using the software. A high number would mean lesser risks.
Keep the above factors in mind while deciding on how to select ERP for your
organization.

Synnove Systems provides quality SAP Consulting Services in
the region with our regional offices in Singapore, Vietnam, Malaysia and
Indonesia. Our award winning team bring innovation and differentiated
capabilities that help Clients create value and deliver business outcomes.
Synnove Systems is set to become a market leader in Enterprise Business
Solutions. Synnove Systems – One of the competent <a href="https://synnovesystems.net">IT consulting companies in Malaysia</a>‎, <a href="https://synnovesystems.net/erp/">ERP software Malaysia</a>, <a href="https://synnovesystems.net/erp/">ERP system Malaysia</a>, <a href="https://synnovesystems.net/sap-s4hana-conversion/">SAP Malaysia sdn bhd</a>.  <span style="-webkit-text-stroke-width: 0px; background-color: #151f58; color: white; display: inline !important; float: none; font-family: Roboto, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">3 International Business Park,<br style="-webkit-text-stroke-width: 0px; background-color: #151f58; background-repeat: no-repeat; box-sizing: border-box; color: white; font-family: Roboto, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; margin: 0px; orphans: 2; outline: 0px; padding: 0px; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;" /><span style="-webkit-text-stroke-width: 0px; background-color: #151f58; color: white; display: inline !important; float: none; font-family: Roboto, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">#03-31 Nordic European Centre,<br style="-webkit-text-stroke-width: 0px; background-color: #151f58; background-repeat: no-repeat; box-sizing: border-box; color: white; font-family: Roboto, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; margin: 0px; orphans: 2; outline: 0px; padding: 0px; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;" /><span style="-webkit-text-stroke-width: 0px; background-color: #151f58; color: white; display: inline !important; float: none; font-family: Roboto, Arial, Helvetica, sans-serif; font-size: 14px; font-style: normal; font-variant-caps: normal; font-variant-ligatures: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: left; text-decoration-color: initial; text-decoration-style: initial; text-decoration-thickness: initial; text-indent: 0px; text-transform: none; white-space: normal; widows: 2; word-spacing: 0px;">Singapore 609927

How to select a new ERP system?

ERP software selection or how to select ERP can be a tough question to answer. It is an important issue and the right selection leads to...

What is ERP and How It Can Help Your Business Grow?

Paul Jones 0 June 21, 2021

Enterprise Resource Planning (ERP) is a software package
through which an organization achieves an integrated system of data and
processes. An <a href="https://synnovesystems.net/erp/">ERP system</a> combines
all the elementary functions of an organization irrespective of its business or
charter. ERP software undertakes to unify all departments and functions in a
company onto a single computer system that serves the specific needs of all
those departments.

The entire functionality of an organization is enclosed in a
single package that would be covered by two or more systems. An example of such
software could be an accounting software which offers both the Payroll and
Accounting functions. The entire business runs more efficiently with a single
software program performing for the requirements of those in human resources as
well as in finance and in the warehouse.

Normally, each department in a company is embellished with
computer systems, which are optimized in such a way, to carry out specific
functions of a department. However, with ERP all of them are threaded together
into a single software program that runs a single database. This enables all
the departments to share the information and communicate with each other.

Implementing of ERP

The implementation of <a href="https://synnovesystems.net/erp/">ERP software</a> does not involve any
"in-house" skill. This is why the cost of smaller projects can be
reduced if specialist ERP implementation consultants are hired. The time
required for ERP implementation essentially depends on the size of the
business, and other factors such as the ambit of changes, customers consenting
to take ownership of the project. While a small project (like less staff) may
just take three months to plan and deliver, a multi-site or multi-country
implementation may take years to complete.

An interesting feature of ERP implementation is that the
company who purchases the ERP product takes over the ownership of the project.
For implementation, the companies go for an ERP vendor or third-party
consulting companies. There are three areas of professional services offered by
the ERP firms - consulting, supportive and customization.

Consulting Services

The consulting team handles the responsibility of initial
ERP implementation. It also conducts the delivery of work until it goes live.
Normally their work includes product training; creation of process triggers and
workflow; optimization of the system; and enhancement of reports, complex data
extracts or implementing Business Intelligence; and specialist advice to
improve the way ERP can boost the business.

The team also undertakes the most critical part of the
project - planning and jointly testing the implementation. In the larger ERP
projects, consulting is done in three levels: systems architecture (the overall
dataflow), business process consulting (mainly re-engineering) and technical
consulting (basically programming and tool configuration).

Generally, the cost of the ERP implementation in most of the
mid-sized companies ranges from the list price of the ERP user licenses to
double of that amount, which depends on the level of customization. However,
the large companies spend much more on the implementation than on the cost of
the user licenses.

Customization Services

The process of customization involves extending or changing
the way system works using new user interfaces and application code.
Customization normally reflects the work practices, which are not presently in
the core routines of the ERP system software.

For instance, the code may include an early adopter features
like the mobility interfaces, which were rarely used earlier. There are other
examples such as interfacing to third party applications (it is easy
customization for larger implementations as there are typically dozens of
ancillary systems with which core ERP software interacts). During the ERP up
gradation, professional service team is also involved to determine whether
customizations are compatible with the new release.

One of the major considerations in the ERP package is that
it can be very expensive and complicated. So most business use the top
practices embedded in the acquired ERP system.

The customization work is usually undertaken as tailored
software development on a time and materials basis. There are many cases where
the work delivered as customization does not include the ERP vendors
Maintenance Agreement. Therefore, there is no obligation on the ERP vendor to
warrant that the code works with the next upgrade the core product. However, if
there were no description on how to use the customization, the effort would be
sheer waste as it is quite difficult to train new staff in the work practice
that the customization delivers.

Support Services

After installation of the system, the <a href="https://synnovesystems.net/erp/">ERP consulting company</a> enters into a
Support Agreement, which ensures that the staff could run ERP software in an
optimal way. This is conducted by a committee headed by the consultant through
participative management approach, already decided during the design stage with
the client's heads of departments.

What is ERP and How It Can Help Your Business Grow?

Enterprise Resource Planning (ERP) is a software package through which an organization achieves an integrated system of data and process...

SAP ERP Services in Singapore, Malaysia

ERP Trends - Future of Enterprise Resource Planning

How to select a new ERP system?

What is ERP and How It Can Help Your Business Grow?

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