For many businesses, the decision to implement a new ERP platform stem from organizational growth objectives and the lack of an integrated software. However, for businesses which have been around for much longer, the need may stem from outdated legacy platforms. Also, there are multiple instances where these legacy platforms are no longer supported by product vendors, or the business has changed, and the existing platforms are no longer appropriate.
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For many businesses, the decision to implement a new ERP platform stem from organizational growth objectives and the lack of an integrated software. However, for businesses which have been around for much longer, the need may stem from outdated legacy platforms. Also, there are multiple instances where these legacy platforms are no longer supported by product vendors, or the business has changed, and the existing platforms are no longer appropriate.
At a certain level of growth, it is hard to keep things under control without specialized tools.
Key Industry Trends
The recent trends being observed in Small to Medium Enterprises (SME’s) indicate that over 50% of these SME’s are moving to Cloud based ERP’s.
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