Why are Companies Constantly Upgrading their ERP Systems?
February 7, 2025
Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]
What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]
How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]
Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]
In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]
Like any other project, ERP implementation goes through various interconnected phases. These phases may be sequential but at occasions overlap. Normally, every phase has entry criteria, which needs to be fulfilled before the commencement of the phase. A phase is deemed to have completed when pre-determined deliverables are achieved.
Various phases of ERP implementation, for a typical ERP project, are mentioned below:
Project Establishment will comprise of the following activities:
For a successful implementation, several types of skills are required. To ensure that the requisite expertises are available to the project, different teams are formed, consisting of members from the organization and vendor.
In this phase, key users and competence center team map the existing functional processes with the functions available in the vanilla ERP application, in conjunction with the vendor team. The following activities will occur in an iterative manner.
This phase includes program development for all modules using the Customization Design Specification Document, unit testing and system testing of all modules. The individual programs will be unit tested, based on test plans developed by the vendor. This phase may be carried out at offshore.
Next, the developed and unit tested application software will be system tested during this phase. The system testing will be based on the acceptance test plan and test data provided by the organization. Thereafter it will be installed on the Designated Computed System.
Entry CriteriaCustomized unit and system tested application software.
The focus of user acceptance testing is to exhibit that the system works. From the user’s point of view, acceptance testing is the final quality control procedure to determine whether the software product is performing as expected.
Entry CriteriaAvailability of customized unit and system tested application.
DeliverablesAll identified end users will be trained in the specific functions they are required to work. The training will be conducted by vendor.
Entry CriteriaThis phase deals on the simulation of the actual business environment. The following activities will occur iteratively during this phase:
As the team reviews the data model, the business model that is prepared in the Procedure Development stage may undergo some changes.
Entry CriteriaThis is the migration phase where data from existing manual/legacy operations are transferred to System’s database using interface programs or utilities available within the ERP package. The following activities will occur:
Once the Final Business Model is ready and database is loaded, the system is ready to go live. This phase will allow users to work on the application software with real time data.
Entry CriteriaYour email address will not be published. Required fields are marked *