Accurate Budget Estimates for Implementing Order Management System

As we have written many times, 50% of large scale implementations end up over budget and well behindAccurate Order Management System Budget the original proposed implementation schedules. Typically, we have always identified investment in several areas: hardware, operating software, third-party software, professional services and applications licenses. In order to plan initial new system implementation budgets for large scale order management system and enterprise resource planning systems (ERP), it’s prudent to go well beyond these categories of expense and engage in broader based planning and due diligence.

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The 2 Cent Refund Check - What's the Real Cost?

As God is my judge, this is a true story.  An example I challenge the reader to find in their business and eradicate.

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Selecting the Right Enterprise Resource Planning System VAR

It is a daunting task to decide what order management system (OMS) or Enterprise Resource Planning (ERP) system is the right one for your business. Now there are even more options with ERP systems, as there are many Value Added Resellers (VARs) for the same ERP system. Why are there so many VARs for the same system, and how do you make a decision on which VAR to use?

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Order Management System - Selecting the Right Software

For the past 20 years, major international IT surveys have shown that more than 50% of all large scale system projects - such as selecting and converting your business to a new Order Management System (OMS) -  are not delivered on-time and within budget and they fail to meet management expectations.  Some of the reasons include lack of project management;  failure to clearly identify the systems requirements and select appropriate solutions; failure to estimate accurately the total cost of ownership for the life of the system; and communications failures throughout the process. 
 
READ: How to Improve Your New Systems Selection and Implementation Process
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