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Infor The 5 Point Plan To ERP Selection

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Infor The 5 Point Plan To ERP Selection
ERP WHITE PAPER

The 5 Point Plan to ERP
Selection Success
Think differently about what you need and who you purchase it from

Table of contents
Why you need a new system: Figuring out your business drivers........................................................................... 3
What do you want to accomplish: Establishing your ERP strategy........................................................................... 5
What you need from your software: Determining your priorities............................................................................... 7
What it will really cost you: Calculating the total cost of ownership........................................................................10
Who do you turn to: Choosing the right vendor..............................................................................................................10

Infor is in no way committing to the development or delivery of any specified enhancement, upgrade, product or functionality. See “disclaimer” paragraph contained herein.

INFOR10 ERP > WHITE PAPER

2

Why you need a new system: Figuring out your business drivers.
These days, an ERP system is a necessity—not a luxury. You need a system that helps you operate and manage your business. But what else do you need it to do?
Former Gartner analyst Lee Wylie introduced Enterprise Resource Planning to the world in 1990. Over its 21 year history, ERP software has undergone a significant transformation. While the early systems were purchased and used primarily for financial applications, order management, purchasing, and manufacturing, today’s systems are designed for broad use across your company.
The leading ERP systems included business intelligence and performance management software built into the applications so that you track your company’s performance across critical business metrics.
Newer systems also include applications for supply chain management, customer relationship management, human capital management,

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