While smaller organizations can get away with running their business on desktop and other simpler applications, introducing more locations, products, employees, partners, and regulations to the business introduces complexity that is beyond which these systems and the employees that utilize them can handle.
When organizations reach a certain size it often becomes apparent that the ways of doing business that helped lead to growth are no longer applicable. Midmarket organizations are in a unique position. While they may not be far removed from simpler times, they are also stepping up to a more competitive stage with some more sophisticated organizations. As the operational and transactional system of record that business is based on, ERP can be an essential tool for midmarket organizations as they become more sophisticated. For example, 88% of midmarket organizations without Enterprise Resource Planning (ERP) software indicate that they can no longer track business processes effectively. ERP is designed to enable this capability, which is why 86% of Best-in-Class midmarket organizations have an ERP solution. But while it has been established that ERP is an essential tool in the midmarket, selecting an ERP tool that is not a good fit can severely hinder an organization because of the strain on resources a new implementation can bring. As these organizations step up to a new stage it is extremely important to identify the needs for ERP functionality and how that functionality will impact the organization. This report, based on two Aberdeen surveys, will help organizations that may be considering ERP for the first time to identify their needs as well as alert them to the potential benefits.
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