From hardware and software implementation to support services, organizations spend millions of dollars on enterprise resource planning (ERP) systems. There is little margin for error when undertaking such a significant investment. If deadlines slip or the ERP system does not function as intended, it can quickly derail business decision-making, productivity and profitability.
ERP projects are notorious for high failure rates. Enterprises are often under great pressure to complete ERP projects based on tight schedules and budgets, so corner-cutting and missteps often occur. This can lead to costly problems during the implementation process, which can persist long after go-live. Outlined in this paper are some common risks that arise during the ERP implementation process and recommendations for managing them.
