This report is based on aggregate data collected from more than from more than 11,800 ERP software comparisons performed using Technology Evaluation Centers’ (TEC’s) TEC Advisor software selection application. Read this report to see what TEC data reveals about what your peers are looking for in ERP solutions, including the most common ERP requirements for customization, delivery model, functionalities, and sever and database platforms.
About This Report
This report is based on aggregate data collected from more than 11,800 ERP software comparisons performed using Technology Evaluation Centers’ (TEC’s) TEC Advisor software selection application. TEC Advisor contains detailed information about product capabilities for a wide variety of enterprise software solutions, including ERP solutions.
Using TEC Advisor, business decision makers can define their companies’ high-level ERP software requirements in order to identify a working list of solutions to evaluate in depth. They can then compare how, and how well, different solutions support their requirements.
The Value of Peer Assessment
Although each organization has its own unique ERP requirements, it's useful to consider what other companies are seeking in terms of features, pricing, and specific technical and methodological considerations.
Studying what your peers and competitors are looking for in an ERP solution can help you develop an understanding of what ERP software vendors offer, what other companies have identified as important requirements, and what might be a good fit for your own organization.
Start Your Own ERP Selection Project with TEC Advisor
You can use TEC Advisor to perform your own in-depth ERP selection project. Using TEC Advisor you can see how well different ERP solutions address your company's unique business needs.
To start your TEC Advisor ERP project, visit this link
Though it originally appeared in manufacturing, the concept of enterprise resource planning (ERP) software has been widely accepted by many type of businesses, as well as non-governmental and governmental organizations. Information has become an extremely important resource for all types oforganizations, and it should be considered as another resource that needs to be properly handled and controlled nowadays.
Overall, ERP implies a software package that is capable of collecting and storing information, and performing the necessary transactions to support all major organizational business processes. Although some functions and features are common for any organization, a specific set of ERP functionality largely depends on the category of an organization, its size, and the industry in which it operates. For instance, service organizations and governmental structures primarily require support for financial operations, extensive human resource management, customer relationship management, and project management, while manufacturing businesses typically look for production-related functionality in addition to the above mentioned functionalities, such as purchasing management, inventory management, production planning and execution, service management, and so on. So the content of ERP software may differ significantly for different companies and organizations.