What are the unique risks of ERP projects

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What are the unique risks of ERP projects?
Apagen Solutions Pvt. Ltd
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Table of Content
About Us Understanding Unique Risks in ERP
Projects Mitigation Strategies Conclusion Contact
us
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About Us
www.apagen.com
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Appearance

• Apagen Solutions, head office is based out of
  Noida
• Track record of world class product service
  delivery since inception in 2009
• International presence in Malaysia, UK, Nigeria,
  Kenya, USA, Canada, Saudi Arabia, Dubai, Oman,
  Kuwait and UAE
• Rich portfolio of alliances with major industry
  players

Experience

• Expert in Manufacturing, Construction, Media,
  Healthcare, Ecommerce domain
• World class ERP consulting services for Auto
  component Manufacturers, Radio station,
  Newspaper, TV channel, oil and gas drilling
  companies, Logistic companies, Plastic processing
  units, Cement Units, Retail, Export Companies
• Having huge pool of products for Help Desk,
  Smart Card, Biometrics Payroll system,
  Accounting, mobility, Production automation
  Private Enterprise ATM etc.
• Rich experience in offshore delivery through
  ODCs (Offshore Delivery Model) at Noida and Next
  focus is on Bengaluru in India .

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Understanding Unique Risks in ERP Projects
www.apagen.com
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Organizational Factors ERP projects entail risks
associated with organizational dynamics. Failure
to align business processes with best practices
inherent in ERP systems poses a significant
threat. Customizing systems to fit existing,
often inefficient processes can impede
integration, eliminate redundancy, and streamline
operations. Employee Skills A critical risk
lies in the acquisition and retention of
necessary skills. Inadequate training and
reskilling of IT personnel, along with a shortage
of ERP-trained developers, pose substantial
challenges. Balancing internal and external
expertise, alongside the scarcity of proficient
business analysts, further complicates this
aspect.
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Software Systems Design Issues Non-adherence to
standardized specifications and challenges in
data migration from legacy systems are inherent
risks. These issues can disrupt workflow and
compromise data integrity, necessitating
meticulous planning and execution. Technology
Integration Factors Effective technology
integration is pivotal for ERP success. Lack of
top management support and insufficient
investment in IT infrastructure can hinder
seamless integration, leading to project delays
and cost overruns.
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Mitigation Strategies
www.apagen.com
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Embrace Best Practices Prioritize aligning
business processes with ERP system
functionalities to leverage best practices.
Resist the temptation to customize excessively,
as it can impede system integration and
organizational efficiency. Invest in Training
and Development Commit to comprehensive training
programs to equip IT personnel with the requisite
skills. Foster a culture of continuous learning
and development to retain top talent and mitigate
turnover risks. Ensure Stakeholder
Support Secure buy-in from top management and
key stakeholders to facilitate smooth project
execution. Communicate the benefits of ERP
implementation effectively to garner support and
ensure project alignment with organizational
objectives.
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Implement Robust Data Migration Plans Devise
meticulous data migration strategies to minimize
disruptions and maintain data integrity. Conduct
thorough testing and validation to mitigate risks
associated with legacy system migration. Foster
Collaboration Promote collaboration between
internal teams and external consultants to
leverage diverse expertise. Encourage knowledge
sharing and cross-functional collaboration to
enhance project outcomes.
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The complete list is given in Table
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Conclusion

• While ERP projects present inherent risks,
  proactive risk management strategies can mitigate
  potential challenges. By addressing
  organizational, technological, and human factors
  comprehensively, organizations can enhance the
  likelihood of ERP project success and realize the
  transformative potential of these initiatives.

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Contact Us
www.apagen.com 91 9971 800 665 H 160, Sector
63, Noida, India.