Opensource ERP migration or upgrade – Which is best?

Regardless of any sector of small, medium and enterprise businesses you are into: one thing is common that you have to depend on ERP software for your business needs. If your legacy ERP software gets outdated or not working as expected, daily operations and efficiency of your company will be affected.

Have you started planning to replace your existing ERP system? Deciding to replace your ERP software is a daunting task and time-consuming one too. So, how to find out the right time for changing your ERP system?

Common signs of an outdated or inefficient ERP software

There is no all-in-one ERP software that satisfies the needs of any business. Every business has its own requirements and customizations. Replace your ERP software only when you are facing the scenarios mentioned below:

You should replace your ERP software when facing the scenarios below:

• No support from both vendor and third-party solution providers for your existing legacy ERP software
• A huge increase in Operating costs
• Frequent problems in performance and stability
• ERP users struggle to handle it as very complex
• Frequent changes are needed using in-house or outsource for implementing a customization
• Not in line with your business changes and growth
• Not giving much data insight or business intelligence you need
• Unable to integrate with other much-needed applications
• Not able to automate the processes of your company
• Becomes Non-compliant and no more software updates

Have you come across a few or almost all the above-mentioned scenarios?

Now, confusion comes to your mind. Do I have to upgrade or migrate your existing ERP software and When to upgrade ERP software?

Keeping your existing legacy ERP system with the latest version eliminates the need for a complete system replacement, and just upgrading is enough and cheaper too.

You should upgrade your legacy ERP software only if:

• It serves your business needs now and in future
• You have a very nice relationship and satisfied support with your vendor and service partner
• Your end-users are satisfied with the existing ERP system
• It helps you in staying in line with current technological advancements
• The total cost of ownership is minimal than ERP replacement cost

Upgrading your ERP to Cloud instead of on-premise, will cut down the spending on IT and hardware, allow you to scale easily, anywhere data access on any device, and totally reduced the cost of ownership.

When replacement of ERP software is needed?

• If your ERP becomes very outdated and does not serve your business requirements now and after upgrading it to the latest version too
• If it takes more production time and manpower
• Not have much-needed functionalities in the latest version
• No proper support from your existing ERP vendor and OEM
• If your users feel hard to integrate with other systems or not compatible at all
• You are confident that your business will have grown with a replacement system

Decided on upgrading or replacing your ERP software! What Next?

Get in touch with highly skilled Compiere ERP professionals at TenthPlanet. We will guide you from open source ERP planning to successful ERP implementation and make your new ERP system in line with your company goals and provide ROI.