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Do you know the best ERP for SME? Find out today! Here is our top pick: Online Store Checkout using a Website, Mobile App, or E-Commerce Shop in Real-time. The best ERP (Enterprise Resource Planning) system for SMEs (Small and Medium-sized Enterprises) can vary depending on specific requirements and industry.

Challenges for Small and Medium-Sized Enterprise (SME)

SMEs often face unique challenges, unlike the largest enterprises, when coming to ERP selection and implementation.
Lack of IT Resources – Difficult to recruit quality IT personnel and even more challenging to retain them. So, the ERP system needs to be easy to maintain.
Limited Financial Resources – So, million dollars ERP project is out of the question.
Rapidly Changing Business Environment – SME needs to be flexible in operations, so, big and rigid ERP that takes years to implement will not work.
Lack of Economy of Scale to Achieve ROI – With smaller revenue, the multiplier effect of technologies will be more limiting than larger enterprises.
Complex Business Processes handle by Smaller Workforce – And yet, the business processes of SMEs are often not much simpler as compared to larger enterprises. Due to the smaller workforce, it is even more important to be efficient.

ERP selection and implementation is not a perfect science. Often it is more an art. However, the critical nature of the ERP project dictates that top management put in attention and effort to ensure that an appropriate ERP is selected. It should support the future growth of the company yet achieve the necessary ROI.

Please visit here:- https://naviworld.com.sg/how-to-select-erp-sme/

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