ARC Advisory Group, the leading technology research and advisory firm for industry and infrastructure, released its new Cloud ERP (Enterprise Resource Planning) Software Evaluation and Selection Guide. The guide includes both selection criteria and guided workflow steps for choosing the best Cloud ERP system. The scope of the criteria covers key aspects of Cloud ERP systems including the major attributes of cloud computing, including deployment models, service models, and solution types. The guide also has attributes tailored for manufacturing organizations, and allows those involved in a Cloud ERP selection process to make informed and improved decisions more quickly.
Steve Clouther, Senior Cloud ERP Analyst, stated, “Companies that implement a cloud ERP solution obtain significant and tangible cost reductions in both IT staffs and hardware infrastructure, in addition to the less-tangible benefits provided by the cloud environment. These include access anytime, anywhere, from virtually any device. With these kinds of benefits, interest in cloud ERP is growing from both users and suppliers.” Steve continued, “Cloud applications typically attract the small and medium businesses (SMB) community, and this is especially true with ERP in the Cloud, because the SMBs have been shut-off from the on-premise ERP solution due to the high costs and long implementation times. To support the growing demand for help with software selection, ARC created the Cloud ERP technology selection guide.”
Lower Supplier Selection Risk and Time, Cloud ERP system selection is mission critical, particularly for manufacturers. The total solution has become complex, and functionality involves the combination of an expanded range of capabilities and specific technology requirements. While product functionality and support play major roles, suppliers have specific domain expertise, geographical presence, and knowledge of certain industry dynamics. These must all be evaluated in a supplier selection process.
The ARC STAR Supplier Evaluation and Selection Service guides users through a step-by-step process of selecting and evaluating suppliers against specific technology, application, and industry requirements. The process guides the user through the project and team definition, reviewing and editing ARC-provided selection criteria and supplier questions, weighing selection criteria, developing a supplier Request for Information (RFI) list, evaluating supplier responses, and developing a final ranking of RFI results. ARC STAR then fully documents the process and results for management review and approval. ARC STAR helps ensure inclusive, fact-based, impartial supplier evaluations and selections, free of the user bias issues that typically hamper these activities. In addition, ARC estimates that ARC STAR can reduce the cost, effort, and time span for a supplier selection process by well over 50 percent – providing faster time to benefit.
For more information on the Cloud ERP Technology Evaluation guide, please contact ARC.