The first step to implement the \”right system\”. ERP (Enterprise Resource Planning) system selection by a company in Hong Kong, or any location is assessed as a consequence of arriving at an appropriate decision since it is subject to a set of variable factors like the magnitude of the firm, business sector, precise requirements, available budget, and current IT infrastructure.
The possible ERP systems are sought after and furthermore have tendency to be found in Hong Kong because of the above mentioned technical robustness and adaptability.
Some of the most commonly used and desired ERP systems include the following:
1. SAP Business One: This is probably one of the most well-known and widely implemented ERP systems used by the small and medium enterprises (SME) in Hong Kong. SAP Business one provides all-in-one business management solutions and is highlighted for its good financial management features.
2. Oracle NetSuite: A cloud-based ERP solution that is highly scalable and suitable for businesses of all sizes. It offers a wide range of functionalities including CRM, e-commerce, and inventory management.
3. Microsoft Dynamics 365: This is an ERP system that is improved by integration with existing Microsoft products. Therefore, Dynamics 365 can be configured to the needs of the individual customer.
4. Infor CloudSuite: It is excellent for specific industries, especially very well established in the manufacturing, healthcare, and retail sectors defined as cutting-edge performance.
5. Epicor ERP: Together with software support, it is one of the most recognized choices for manufacturing and distribution companies among all ERP systems on the market. In addition to that, Epicor ERP platform enables users to have better supply chain management and production planar functions.
6. Odoo: This ERP system is the perfect solution for new companies or small entrepreneurs because of the fact that it is open-source and flexible in all means resulting in lower costs.
7. Sage 300: Formerly, Sage ERP Accpac, this program is loved by the SMEs in Hong Kong because of its powerful financial and operational management skills.
The first step to successful implementation is developing a complete needs assessment, then it is necessary to take into account future growth, and finally consider consulting an ERP implementation expert or seasoned consultant to pick the one that best fits company strategy and vision.