According to Gartner, 55-75% of ERP projects either fail or don't meet their intended objectives. But what causes an ERP project to fail? More often than not, it's due to the same mistakes made by consultants, the business themselves, as well as vendors.
Why do ERP projects fail?
The reasons why ERP Implementation fails include Failure to set up realistic expectations, Failure to embrace change, Lack of commitment by key stakeholders, Lack of competent project managers, Failure to modify or align the system with business processes, Failure to budget for complimentary software, Ignoring common ...
What are the factors that leads to the Failure of ERP implementation?
Data conversion, interfaces and customization are the three main areas of technical risk in ERP implementation. Customization usually increases the time-to-deploy and costs of the implementation. While the risks of customization are evident, some organizations find the slightest reasons to implement small changes.