The ERP System of a company is its lifeline. Small malfunctions can have big ramifications that denote some companies hesitate to undertake any change whenever there’s even the least potential for unexpected changes or unplanned downtime. Unfortunately, this risk avoidance behavior could actually expose a company to more risk, which it will fall behind its competitors in its capability to adapt or respond to new business practices.
In the ERP world, we often explain that applying your solution is the same with building a home – it starts with a strong base, add options and more. If this was the case, ERP effective upgrade methodology might correspond to adding advanced efficiency windows, installing infrastructure for smart home features, managing building code changes and diminishing services costs in the future.
Here are simple reasons why you need to upgrade your ERP to its latest version:
Upgrading your ERP will boost performance and restore the user experience
Technology is continuously changing. Not too many years ago, people couldn’t have imagined the possibility of cloud-deployed solutions, the smart-phones tablet adoption as well as the general speed at which we are now capable of running business. On the other side, processors are faster, solid-state drives are more prevalent and RAM is cheaper – getting rid of the IT responsibility from the organization. SQL and Windows improve on a regular basis to take advantage of those hardware changes and shifting tools. A best example can be upgradation of Microsoft Dynamics Navision 2009 to 2013 or 2016
Delaying the upgrade of could be costlier
Did you know that an upgrade could be an expensive endeavor and needs a business case to defend the investment? However, it’s a rare business, which can continue to thrive in a moving marketplace while operating the antiquated software. Further, while an upgrade to each new ERP release is oftentimes not required and could sometimes be overly lavish in connection to business needs, allowing your solution stagnate for five or more years might prove to be costlier. For example upgradation of Oracle EBS 11i to R 12.2.6 will become costlier as Oracle is moving 11i on the premium support.
Get support for your version from the Provider
As newer versions are being launched and released, older versions are no longer supported by ERP Service Provider such as Microsoft Dynamics Navision or Oracle EBS. Critical upgrades to the software will no longer be accessible that can lead to open security vulnerabilities.
Stay current with the modern technology
The software your business utilizes offers you an impression to your employees and customers too. Ensure you are giving the right one. If you acquire the latest version, it tells your customers they will get the highest quality service as well. Your staff will know that you care enough to offer them with the best tools to guarantee their success.
Keep in mind that regular upgrades are essential for the life of your business. While you could get away with skipping each version upgrade, depending on how long between them, you must ensure you are as updated as possible. Do not put your business at great risk by operating unsupported and outdated solutions. If you are ready for a cost effective up-gradation, make sure to get help to a trusted Oracle EBS or Microsoft dynamics Service Provider to help maximize your business potential.