When you choose an ERP (Enterprise Resource Planning) system for your company, it gives your process a large amount of capability.
A thorough understanding of data transfer is essential for a successful Netsuite ERP implementation. You are not alone if you are thinking of implementing NetSuite but are worried about the procedure, and you’ve landed in the right place.
Ineffectiveness rates for business resource planning initiatives range from 60 to 70 percent. Although rather scary, these data don’t necessarily portend doom for your ERP deployment. You’ve already taken a crucial step toward planning a successful ERP project by arriving at this post.
Another indication that you’re on the right track is your choice of NetSuite, the top cloud-based ERP in the world (at least in part due to the fact that more than 21,000+ firms utilize NetSuite globally). With real-time data visibility, inventory management, financial planning, supply chain management, order management, and more, NetSuite is a potent cloud ERP platform. Even while a NetSuite setup is not simple, many businesses believe it to be less complicated than other ERP software initiatives.
What Leads to NetSuite Implementation Failure?
When choosing to buy NetSuite, it’s important to keep in mind that the cost is low enough for all sizes of businesses to use it, which occasionally leads to too-small organizations attempting to implement the software. With the same platform, the software is robust and scalable enough to cost-effectively meet the demands of a million-dollar business up to a billion-dollar business.
The problem with NetSuite implementation for smaller businesses is that they frequently underestimate how difficult the adoption will be. A smaller company might think it doesn’t need to do much because NetSuite has so many capabilities built-in due to how much capability it already has. Despite its immense capability, NetSuite still needs configuration; if you don’t take the time to comprehend this, you can find that it doesn’t perform as you would like.
However, big businesses are also at risk. Large conglomerates may believe that by choosing NetSuite over a more robust product, they can save money because the platform can scale to accommodate the number of transactions they require. However, because the platform is also designed to scale down to support smaller enterprises, it may not fully satisfy all of their functional requirements. They can discover that some capability they require is lacking when they try to deploy NetSuite.
How to Avoid Failure
Engaging a partner for implementation is different from ordering from a server at a restaurant. Implementing NetSuite is not a straightforward process. In actuality, it’s comparable to giving the provider a list of your preferred developments and strategies, after which the partner must make educated guesses about a plan that might satiate your particular requirements. You are more likely to acquire what you want and need if you can communicate your needs and wants to your implementation partner.
Here are a few possible causes that can lead to Netsuite ERP Implementation failure:
1. The Sales Pitch Conned You.
Most likely, the issues were present from the beginning. You either immediately engaged the corporate installation team of NetSuite or looked about for an implementation provider when you made the decision to adopt the cloud-based Netsuite ERP implementation. You might have spotted a local business online that seemed like a good fit or gotten a referral from a coworker.
In either case, it’s probable that you were promised a quick project turnaround or a discounted rate to get you in the door. That doesn’t mean they meant to deceive you or even that they used shady sales tactics. But ultimately, their abilities fell short of your company’s expectations, and now you’re not quite happy with the item you bought or the service you’re (or aren’t) getting.
2. An inadequate plan was used for the project.
Once more, we’re talking about the work that was done (or not done) prior to the implementation—before any data or code was altered. Your technology provider must be well-versed with your organization’s current IT environment, other business systems, plans for the new software, data, and tools, difficulties you’re trying to solve, target business users, and more. Numerous aspects go into the project’s scope, and the more specific you are in the beginning, the more likely it is that your project will be completed on schedule, within budget, and with the results, you are hoping for.
Unfortunately, even adequate project scoping doesn’t always ensure success. Focus deteriorates and it becomes simpler to overlook important aspects or lose track of deadlines and costs when your implementation team is made up of incompetent or otherwise subpar personnel or when there is a high turnover of consultants. Another risk is that when you push “go,” the partner stops offering help, leaving you essentially on your own to figure out how to use your new software and tools. Your project will unavoidably suffer without resources that are entirely devoted to its achievement.
3. Just an Unsuitable Partner Fit
Implementation collaborations fall apart for a variety of reasons, but ultimately, sometimes the connection was just not meant to be. It’s eager and occasionally urgent to get new solutions up and running when a growing firm starts introducing new technologies. But eventually, you pay the price when it damages your vision.
You, as the client, might lack a lot of experience with technology implementations or, for that matter, ERP systems. You are ultimately counting on the expertise and knowledge of the software or partner vendor to take you through the process. From the vendor’s vantage point, customers may be driven by a desire for business or may genuinely want to act morally.
However, if their key competencies don’t match your needs—for example, if they aren’t accustomed to working with businesses in your industry or of your size or if they haven’t implemented cloud software frequently—they will ultimately fall short. They either won’t properly configure computers or won’t offer the degree of service you require to get the most out of your software solution.
‘Fixing’ Your NetSuite Implementation
You will require a new provider to come in and evaluate the scenario if you want your ERP solution to perform as you require it to. When it comes to technology, the ideal vendor should be able to pinpoint what went wrong and what has to be changed—from system integrations to how data was transferred to the cloud. They might possess greater in-depth knowledge of the software itself as well as tips and techniques for easing user learning curves and making better use of the software features. In other words, they’ll put in a lot of effort to make your users productive—after all, they’ve waited long enough. That’s where Folio3 comes in. Folio3 has been certified as the best Netsuite partner and understands needs and requirements as you want them. Our experts will help you identify the drawbacks and make you overcome those. Contact us right away and get a quote.