Let’s say your current ERP system is reaching the end of its useful life. You are faced with a choice: Build a new one or buy a new one?
It’s not an easy decision. There are budget and time concerns, as well as what your business needs now – and in the future.
So, how do you choose between building or buying ERP software? Here are some things to think about.
Building an ERP system
If you are considering building an ERP system, there are some pros to this decision. It can meet your very specific requirements and needs and you will have greater control of the process, as you work with developers on the plan.
There’s a greater degree of flexibility and you can customize it as you need.
But what are the cons? Namely, it generally takes more time to build something from the ground up, so if you need something quickly, this might not be the way to go.
It can also hinder training efforts, as your employees will have to learn a custom system from the ground up. And there is also the risk that your system could run into integration and compatibility issues, as it isn’t a cookie-cutter software program.
Buying an ERP system
If you are considering buying an ERP system, there are a few key pros to this decision. Namely, you will be buying it fully built, so it can be up and running in an expedient fashion. Also, it is generally more cost effective and available, so you’ll know what you are getting when you get it.
The cons to buying an ERP system are that you do not have as much control over the system and it is more of a cut-and-dried thing, meaning you might have issues down the road as your business scales or evolves.
If you have questions about buying or building your ERP system, we can help. Contact us today!