What is ERP Software?
ERP software (or enterprise resource planning software) is an integrated system used by organizations to combine, organize and maintain the data necessary for operations. ERP systems merge an organization’s key operations, including the manufacturing, distribution, financial, human resources and customer relations departments, into one software system. Selecting an ERP software package and implementing it correctly can be an extremely complex and intimidating process for many executives and project teams. When the ERP evaluation and implementation is performed correctly, ERP software can revitalize an organization by streamlining and synchronizing its separate departments into one unified software system. When these tasks are done without focus and solid planning, the ERP software project can have severe repercussions that negatively effect the organization for many years to come.
What kind of companies use ERP software?
ERP software is beneficial to large- and mid-sized companies operating in a wide range of industries, including manufacturing, pharmaceuticals, telecommunications, healthcare, energy and utilities and many others. Historically, it has been mostly Fortune 1000 companies that have had the resources to implement ERP solutions. In recent years, however, small- to medium-sized organizations have fueled a majority of growth in the ERP software industry.
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Our team is adept in offering an end-to-end solution that involves various services like:
- Package Evaluation, Assessments & Health Check Process Consulting
- Business process re-engineering
- Change management
- Roll-outs & Upgrades
- Customization and Enhancements
- Application Support & Maintenance
- Staff Augmentation
- Integration with Strategic Solutions – BI, workflows, CRM, EP, DMS
Center of Excellence in ERP Services
The ERP Center of Excellence (CoE) is emerging as a organizational strategy that significantly increases the business results driven by the ERP implementation. For many companies, the COE provides business and application expertise to support an organization’s global or domestic ERP implementation, by designing new processes, optimizing current ones, managing complex implementation projects, providing user support and training, and keeping the complex ERP system landscape up and running 24/7. In addition, the COE helps optimize the use of all ERP products implemented in a cost-effective manner, contributing to the overall Company’s success.
For businesses, integration of data across the enterprise ensures that greater visibility in all areas of the business, from daily operations to a strategic decision level. Insight into production, inventory and financial data makes it easy to identify opportunities for cost savings and efficiency improvements. A high-level view of key business indicators facilitates faster and more accurate management decisions.
LDS Group ERP services practice has been designed to address the specific needs of different Industries. LDS Group ERP Service practice is built to
The ERP COE for LDS Group focuses mainly on Infor ERP, JD Edwards, SAP R/3, Oracle eBusiness Applications Suite and Microsoft Dynamics Products Suite as the ERP technologies of choice.
The COE targets four distinct services comprising of Training , Implementation, Application Maintenance and Support (AMS) and Integration.
We have excellent and proven methodology for outsourcing ERP Application Maintenance and Support.
Expertise in new-generation technologies like SAP Netweaver, SAP-APO and SAP-BW.
MS Dynamics and SAP R/3 Center of Excellence (COE) to provide training and Proof of Concept(POC) solutions.
Standardized framework for integrating ERP solutions with other applications.
A talent resources pool with deep experience in consulting, implementation, and integration.
How necessary is a company like LDS Group in this industry?
ERP software installation is an extremely complex and intimidating process for many business executives. The implementation of ERP can, when done right, revitalize a business by streamlining and synchronizing its separate departments into one unified, precise and easily handled software system. On the flip side, a business can become paralyzed by a poorly selected or managed ERP implementation that is unable to support the company’s requirements and processes.
Third party contractors, like LDS Group, are businesses that provide ERP service and support on a level that neither software companies nor in-house IT staff can achieve. As an independent company that is not affiliated with specific software vendors, Panorama lends its unparalleled expertise to companies who want to install ERP software as well as to companies that have already installed it and are not seeing the results they need to see.
With LDS Group, the only way is Up!
What are some of the risks associated with ERP software?
While ERP has the potential to provide numerous business benefits, it can also be a risky proposition. If not managed properly, ERP projects can cost more and take longer than expected to implement. In addition, if the ERP system is not a good fit with an organization’s needs, it can create business process challenges and obstacles.
How can I find out more?
LDS Group has developed a comprehensive website, featuring white papers, podcasts and blogs, about ERP strategy and management. If you have further questions, please contact us.