This article explains the common myths and wrong beliefs in ERP selection which often land companies in trouble. Selecting the wrong Enterprise Resource Planning (ERP) solution and implementing it badly can be costly and sometimes fatal.
Many companies may not know that selecting the wrong Enterprise Resource Planning (ERP) solution can be a costly and sometimes, fatal mistake. If you search on Google “ERP causes bankruptcies“, you can find many articles and case studies of corporate failures caused by mistakes made in selecting ERP. This article uses real-life cases that I encountered over more than 2 decades of my ERP career to illustrate the common mistakes made in ERP selection.