Are you planning on implementing Oracle ERP Cloud for your business?
Are you concerned about the planning process? The good news is that you're not alone in the quest to determine how to plan for an Oracle ERP Cloud implementation.
Most organizations today tend to be unsure about their implementation process and how to successfully integrate Oracle ERP Cloud into their business. This is an important first step to a successful Oracle Cloud ERP implementation.
As statistics go, an estimated 60% of ERP projects fail. While this stat may be concerning, it's important that you realize that by taking the first step and reading this blog, you're already taking the necessary steps to have a successful Cloud project. The importance of planning begins as early as when you are negotiating your Oracle ERP cloud contract.
Specifically, with Oracle, if you've chosen this cloud-based ERP system you've made a good decision as well. Oracle is a powerful software platform that provides data that's collected in real-time, a sleek inventory management system, and a plethora of other useful applications.
Some of the most crucial advantages of Oracle ERP Cloud include -
So, without further ado here are some tips on how to successfully plan an Oracle implementation.
When you're implementing ERP software testing probably isn't the first thing that comes to mind. However, we at Third Stage Consulting believe in the importance of ERP go-live system testing before you implement them because you have to know if this software is functional within your company.
From the beginning of the project, it's important to focus on testing because you never know if something doesn't work for your organization. Individual process testing is an ok way of going about it, but we recommend that you focus on running a complete business process to prove that your ERP software is made to handle your business wants and needs. If possible, you should also have an in-depth understanding of existing integration frameworks.
In all parts of the project, it's important to have frequent and clear communication with everyone involved in it. Make sure that everyone involved with this specific project has access to whatever materials they need to complete their tasks. This should be an important part of your ERP organizational change management strategy. Simply put, Project Communications Internal communication must be considered imperative.
Cloud project typically covers reporting results of various tests. Moreover, it also entails setting up weekly meetings to discuss project progress. Regardless of the other details. if you can communicate well, you can ensure the success of your cloud project. Not communicating can lead to an unmwated cloud project fall that you'll have trouble cleaning up later down the road.
Before you continue with your implementation plans it's important that preparations are made to take inventory of your current data. Find the errors in your current system and try to fix errors before Oracle Cloud comes into play. In addition, have detailed data definitions in place, and configure data structures to the maximum possible extent. If you're able to accomplish this before the actual process begins you can minimize delays during the data migration stage and you'll be able to keep your project on track. This will also enable your core project team members to work more efficiently.
Not all plans are built to be successful and that's why when you're going through the planning process, you make sure that you have a contingency plan in case anything related to your cloud projects goes south. Even after you've implemented Oracle Cloud ERP software it is wise to keep an ongoing plan on how to support the software beyond going live. Keep track of who you need to contact in case you need help and how to contact them in that case. To this end, make sure to engage business process owners from the very start. and have business process consultants and other key business stakeholders in loop.
Building a support strategy into your plan it will take a large burden off your shoulders when it comes to planning for your digital transformation. From the time you estimate your Oracle ERP Cloud implementation time and budget until go-live, a solid plan is key.
And as always Third Stage Consulting is always here to answer any of your ERP planning questions and needs, especially when the countdown to a production cloud system begins. . Contact us if you would like a sounding board for the next steps in your project! If your cloud project requires it, we can also assign a dedicated project manager to assist you with this radical change. If, on the other hand, you want that your proposal for a cloud project gains approval, we can facilitate you with the required knowledge base for the same.
Why do I need managed services after Oracle Erp Cloud Implementation?
After the implementation of Oracle Cloud Applications, the testing and training, you will go love! However, the work might not be complete. Not yet, at least. You might come to discover the need for business processes connect with exsiting workflow, or simply the need for optimisng various business functions using additional tools.
Managed services is an extension of Oracle support and can address any issues or subsequent work needed following the "go-live" stage. With the help of managed services, you can ease the implementation process by enjoying independent, unbiased guidance required to navigate, negotiate, and resource this radical digital transformations.