Every business starts with great planning and research. But way too often, they end up never reaching the vision it was built with. Statistics reveal that only 30% of all business enterprises – small, medium, or large-scale, survive to celebrate their tenth anniversary. Two of the most prominent reasons for a business failure are lack of capital to invest and run the business and poor management.
An ERP ( Enterprise Resource Planning) system is essential to regulate and optimize all processes that determine the sustainability of an enterprise. It is a business management software that can be web-based or used as an app to manage the operational processes within an enterprise.
So, here we categorize ERP systems into three:
1. Ready-made legacy ERP solutions
One of the most efficient and recognized ERP systems across the globe, the versatile modules, and top-notch operational management have contributed to its popularity. But priced on a higher side of $420 per user per month, it may not be affordable for all.
Another popular ERP system is the Oracle-owned NetSuite. The highlight of NetSuite being its accounting management efficiency, it is also expensive at $99 per user and $999 for the base license monthly.
- Sage Itacct
Popular with E-commerce providers and other large organizations, Sage Intacct is known for its accounting and reporting features. Prices start from $9000 for a yearly subscription.
2. Custom-made ERP systems
However, most businesses these days look forward to developing an ERP system on their own. And here are the reasons:
- Dedicated modules
No two businesses are similar in functioning. Then how can a ready-made ERP solution manage every business equally well?
Developing a custom ERP system lets you place modules that you need and make them accessible only to departments that would need them.
- Easy maintenance
It’s an in-house team that has developed the system. So it is a cakewalk for them to maintain it as well.
- Syncs with your workflow
Buying a ready-made legacy ERP system might require you to change the operations of your business to suit the new system. But when it is custom-made, it is built according to your operations and workflow, thereby integrating directly into your system.
But how can you develop such a system?
Let us look into the stages of building a custom ERP system:
- Identify your needs.
The foremost reason for opting for a custom-made ERP solution rather than off-the-shelf ones was because you wanted modules specific to your operation and workflow. So, list out your needs and define modules clearly.
- Come up with a design.
Now comes the technical part of preparing a blueprint of how you visualize your system to be.
- Start wireframing.
Next is the step-by-step process involved in developing the ERP system by identifying the resources needed, fixing deadlines, and budgets.
- Choose the right technology
This involves making decisions about the tools you would like to use for hosting, the programming language for coding, and most importantly a reliable database for storing the data.
- Integrate the new system with existing infrastructure
- Test ERP implementation
And finally, review the new system for its functionalities, security, and integrations. This may require you to assign teams to test each module.
The next question that arises is how much will it cost to build a custom ERP solution?
Depending on the modules and framework of the system you plan to develop, and the number of users and functionalities, it can cost you from $20,000 up to millions.
Now, what if you have an option to own a custom ERP solution without going through all the long and tedious processes above-mentioned at a cost that is nearly 75% lesser? What if you do not need to assign a team to develop a custom ERP system, you need no coding and no testing at all? What if you get an ERP system that easily integrates with your existing infrastructure?
That is our third option. One that has never been introduced ever before!
Origami stands true to its name. Just like how a piece of paper is transformed into a finished sculpture, the Origami approach to ERP system development is complete in every sense. Agile, scalable, and super-easy to implement with its API driven interface and drag-and-drop approach, Origami is the new answer to efficient business management.
Allowing you to customize any number of times without running code, displaying dashboards like how each user wants to view it, and getting to work on the go, Origami is like no other.