It depends. Being the first to upgrade for each new fad is a waste of resources for little, if any, benefit. On the other hand, if the upgrade supports your ability to serve customers and grow profitably, it will become a "must".
Explore the factors to consider before deciding on an ERP system upgrade: when to maximize your current system and when to pursue a modern, scalable solution.
ERP systems often fail to live up to their promise - even in the best of circumstances. It is a tough environment - software suppliers are consolidating, the smaller ones can disappear or get gobbled up in a moment's notice, good resources are hard to find, and the list goes on.
In today’s new “normal” business environment characterized by lackluster sales and strained liquidity with elevated customer expectations, there is no room for project failure.
