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What are the risks of the ERP implementation?
ERP implementations are notoriously resource intensive, highly complex,
time-consuming and unpredictable in terms of cost. The primary challenge that
often leaves companies marooned when it comes to ERP is that most companies
cannot handle a project of such complexity and one that requires huge amounts of
resources.
Lack of budget and skilled personnel prevent many companies from focusing on the
steps necessary to ensure that the new ERP is configured and rolled out in a
fashion to best meet the business needs of the company. Then there are many
people, technological, business process, implementation and operational issues
that increase the risk of ERP implementations.