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The Hidden Costs and Mistakes to Avoid When Choosing an ERP System | FinFactor with Bob Light

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Manage episode 492306402 series 3568015
Content provided by Blaine Bertsch. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Blaine Bertsch or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of FinFactor, Blaine Bertsch sits down with Bob Light to uncover the biggest mistakes companies make when selecting and implementing an ERP system. ERP software decisions can make or break a business—yet too often, leaders rush into adoption without fully understanding their internal processes, pain points, and long-term needs. Bob explains why mapping workflows and involving stakeholders early is critical to ensure smoother adoption and stronger ROI.

The conversation explores essential ERP strategies, including how to negotiate with vendors, set realistic ERP cost expectations, and evaluate ERP features that truly align with business goals. Blaine and Bob also discuss the importance of appointing the right project champion, creating achievable timelines, and following proven ERP implementation advice to avoid costly delays and overruns.

With deep insights on avoiding common ERP pitfalls, conducting thorough due diligence, and ensuring scalability, this episode is a must-listen for CFOs, finance leaders, and executives considering or re-evaluating their ERP investment. If you want to maximize your ERP ROI and avoid the hidden risks that sink so many projects, this conversation provides a practical roadmap for success.

Subscribe to FinFactor for expert conversations with CFOs, finance professionals, and technology leaders tackling the toughest challenges in financial management. Don’t forget to like, follow, and share to stay updated with every new episode.

Discover how to achieve cash flow clarity, accurate forecasting, and powerful scenario modeling alongside your ERP system at Dryrun.com.

#ERPImplementation #ERPSelection #CFOInsights #FinancialSoftware #BusinessStrategy

Watch on YouTube: https://youtu.be/PlOJQJylByo

Listen on your favourite podcast network or at finfactor.buzzsprout.com

Connect with Bob at linkedin.com/in/boblight

  continue reading

27 episodes

Artwork
iconShare
 
Manage episode 492306402 series 3568015
Content provided by Blaine Bertsch. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Blaine Bertsch or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In this episode of FinFactor, Blaine Bertsch sits down with Bob Light to uncover the biggest mistakes companies make when selecting and implementing an ERP system. ERP software decisions can make or break a business—yet too often, leaders rush into adoption without fully understanding their internal processes, pain points, and long-term needs. Bob explains why mapping workflows and involving stakeholders early is critical to ensure smoother adoption and stronger ROI.

The conversation explores essential ERP strategies, including how to negotiate with vendors, set realistic ERP cost expectations, and evaluate ERP features that truly align with business goals. Blaine and Bob also discuss the importance of appointing the right project champion, creating achievable timelines, and following proven ERP implementation advice to avoid costly delays and overruns.

With deep insights on avoiding common ERP pitfalls, conducting thorough due diligence, and ensuring scalability, this episode is a must-listen for CFOs, finance leaders, and executives considering or re-evaluating their ERP investment. If you want to maximize your ERP ROI and avoid the hidden risks that sink so many projects, this conversation provides a practical roadmap for success.

Subscribe to FinFactor for expert conversations with CFOs, finance professionals, and technology leaders tackling the toughest challenges in financial management. Don’t forget to like, follow, and share to stay updated with every new episode.

Discover how to achieve cash flow clarity, accurate forecasting, and powerful scenario modeling alongside your ERP system at Dryrun.com.

#ERPImplementation #ERPSelection #CFOInsights #FinancialSoftware #BusinessStrategy

Watch on YouTube: https://youtu.be/PlOJQJylByo

Listen on your favourite podcast network or at finfactor.buzzsprout.com

Connect with Bob at linkedin.com/in/boblight

  continue reading

27 episodes

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