How often does the typical business decide on a new ERP strategy? Perhaps once a decade. It is a significant decision, and one that incur huge costs if errors are made – on both a financial and an operational basis.
An inappropriate ERP strategy can ruin the business bottom line and stifle its growth moving forward – the irony being that growth was probably the very factor that informed the need for an ERP system to begin with.
Analysts have published research on the high failure rate of ERP deployments, with PwC, reporting that 55% to 75% of ERP projects fail to meet their core requirements, thanks to a lack of awareness, skills and expertise within organisations.
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