ERP Package: My Way or Highway

This week’s episode characterizes one type of ERP Vendor often used in major corporations for finance functions, which is highly integrated but also quite prescriptive in approach.

Vendor’s specialize in particular processes or industries; competition means no one is great at everything.  It the package does what you need to have done, then great.  If not, it is most often expensive to buy something that does not do what you want, and try to get it to do it.

Questions you might ask before using a prescriptive package include:

CwK E259 ERP Do It My Way TN Slide

This is Episode 149 of Conversations with Kip, the best Financial Systems Vlog there is. Literally learn more–about ledgers and financial systems–at FinancialSystemsEducation.com.

Up Next: ERP Package: Have it Your Way

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