Enterprise Resource Planning (ERP) is vital business operations, managing tasks from purchasing, logistics, accounting, service delivery, and customer management, all through a centralized system. However, like any software solution, organizations can outgrow their ERP, leading to gaps in functionality. Business owners should choose between upgrading and expanding their current ERP or completely replacing it in such situations.
Upgrading an ERP system or implementing a new one can have significant benefits and drawbacks. In this article, we will discuss why keeping your ERP up to date is essential. We will additionally evaluate the advantages and disadvantages of upgrading an ERP system versus implementing a fresh one, aiding businesses in making optimal decisions for their organization.