ERP Readiness in terms of — Organization, People, Process, System and Project. First step in the ERP Project Initiative and would help Organization to clearly understand its current readiness level and have an action plan to be fully ready to implement the ERP Project successfully. This factor is more important than any other factor for the ERP project success.

Goal setting helps organization to have clear goals, which increases the chance for a smooth implementation & optimal ROI. ERP project goals for management, business & IT would be Strategic, Operational & tactical. TCO is the total cost (initial & recurring) of Software, Services, Infrastructure & Resource, Miscellaneous & other related factors for the successful ERP project.

BPR is redesign of business processes to achieve dramatic improvements in critical measures of performance such as cost, quality, service & speed. It endeavours to redesign the strategic & value added processes that transcend organizational boundaries. The RFP process brings structure to the procurement decision & is meant to allow the risks & benefits to be identified clearly up front.

This would ensure that the organization decide on the right product & vendor to realize the complete benefits from the ERP Investment. Good care taken at this stage, ensures brighter chances of the project success. Organization can focus on what it can do best & leave this critical responsibility to the expert and have peace of mind of knowing it won’t make the common mistakes.

This would facilitate the Client & Vendor teams work together and ensure that the ERP Project is completed within the agreed timeline & budget. Program management would ensure that the business transformation activities, necessary to enable a functioning business platform are planned, once the ERP goes live, so that all the business benefits are realized.

PIA would help organization to evaluate whether project objectives were met, to determine how effectively the project was run, to learn lessons for the future, and to ensure that it realize maximum possible benefit from the project. This would assist organization to effect needed changes in organizational plans & processes and realize potential operational & strategic benefits.

IIA would help organization to understand its current IT environment, have an action plan to realize the optimal benefits from its IT infrastructure investment. IIA is about Documentation of policies, procedures, practices & org structures designed to provide reasonable assurance that business objectives would be achieved & undesired events will be prevented or detected and corrected.

Organizations need right people for their IT operations (CIO, IT Head) & Business operations(Finance, Manufacturing, SCM)to manage their ERP Project Initiatives. ERP Service Providers need right ERP consultants with skills like - Domain expertise; Product knowledge & certifications; Implementation experience; Cultural fitment; Relationship management, Overseas exposure etc.,

VELCOM through the Enterprise Business Consulting Practice helps Enterprises, who are in the ERP Business on their initiatives on Strategy, Business Development & Operations. VELCOM assist organizations with different services based on their levels like: