A successful Oracle Cloud ERP implementation can help streamline processes, increase efficiency, and boost your bottom line. However, 75% of ERP projects fail to meet their intended objectives.
Why is this? There are several Oracle Cloud ERP implementation challenges that businesses face without having the proper knowledge or resources to mitigate them. Too many companies also dive into their ERP projects without taking the time to fully understand best practices.
To help you stop your project from becoming one of the 75%, this blog will share a high-level overview of Oracle Cloud ERP implementation best practices to help you get started.
What is Oracle Cloud ERP Implementation?
First, it’s important for you to understand what Oracle Cloud ERP implementation means.
Oracle Cloud ERP implementation is the process of deploying Oracle’s Cloud ERP software solution within an organization. Once implemented, you can use it to manage several business functions such as finance, human resources, supply chain, and customer relationship management.
The definition may be simple, but the implementation process can be complex and time-consuming. For this reason, it’s vital for you to utilize best practices throughout your project or ask an implementation consultant for assistance.
Implementing Oracle Fusion Cloud ERP goes through 3 stages: pre-implementation, implementation, and post-implementation. Let’s take a closer look at each one.
Oracle Cloud ERP Implementation Process Phases and Steps: Overview
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| Implementation |
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| Post-Implementation |
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4 Steps in the Oracle Cloud ERP Pre-Implementation Process
1. Develop a Structured Oracle Cloud ERP Implementation Methodology
A structured methodology is essential. It provides a framework for the implementation process, ensuring that all necessary steps are taken and nothing is overlooked. Be sure to include the goal of your project, so you can align each step with your desired result.
You should also take a look at the costs of implementing Oracle Fusion Cloud ERP. Once you understand Oracle Cloud ERP’s implementation costs, you can plan where you can save. Consider what aspects are vital to your business goals and where you can cut back without compromising the result.
All of these factors will affect your ultimate project plan. Devise an implementation method at this point and refer to it in your implementation proposal.
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2. Select the Right Oracle Cloud ERP Product
Consider carefully which Oracle Cloud ERP solution best fits your goals, budget, and resources. Picking wisely can make all the difference in a seamless transition to a new system.
Cloud solutions are an important aspect of digital transformation for many organizations. Oracle Fusion Cloud ERP is a popular choice for businesses looking to streamline their supply chain management and improve business unit processes.
3. Create an Oracle Cloud ERP Implementation Proposal
Creating an implementation proposal that outlines the scope, Oracle Fusion Cloud ERP implementation timeline, budget, and potential challenges shows your stakeholders what they are investing in. Here, you should also demonstrate the project’s value to ensure every stakeholder is on board.
A clear plan for the implementation process will also help keep everyone involved on the same page. It also helps prevent costly scope creeps, project slippages, and accountability confusion. Project team members may cross-reference it with your plan to help them keep your business goals at the forefront.
4. Assemble Your Implementation Team
A well-crafted plan is essential for successful implementation, but it won’t do much if you don’t have an experienced team of experts or implementation partners. Look both internally and externally to find the right people for the job.
Bear in mind that third-party vendors and your employees can collaborate. You don’t need to choose one or the other to launch a successful project. In fact, many companies find that combining the two produces the best results.
Oracle Cloud ERP Implementation Phase: Key Considerations
Now that the groundwork is laid, it’s time to get down to business with the implementation process. This phase can be challenging if you don’t take the right considerations. Think about the following factors before beginning your implementation to reduce speed bumps.
Customization and Configuration of Your ERP system
Customization and configuration of your Oracle Cloud ERP system tailor your solution to your specific business processes. This includes crafting customized reports and dashboards, as well as setting up security and access controls that work for your organization.
Some organizations are happy with an out-of-the-box ERP solution but most need to customize it to match their goals. This step will be worth the time and effort. However, it will add time and expenses to your overall project. Make sure you’re prepared for this before you get going.
Testing and Quality Assurance
An ineffective Oracle Fusion Cloud ERP system could hinder your business more than it helps. That’s why quality assurance plays a vital role in ensuring that everything runs as it should.
Every aspect of the system, from solution framework to module selection and integration testing, is important to guarantee your organization’s needs are met. User acceptance testing is also a crucial factor for the overall success of the ERP system.
Oracle Cloud ERP Post-Implementation Phase
Once your Oracle Cloud ERP solution is up and running, there are a few more things you need to do before you can make the most of it.
Training and User Adoption
Having a state-of-the-art Oracle Fusion Cloud application is helpful as long as users actually use it. If the system is not embraced, you won’t benefit from your system or achieve your proposed goals.
Try rolling out the new system in phases. This helps users adjust to the change, making them more likely to embrace it. Abrupt changes make people feel out of control, which leads to resistance. Guiding your new users into your new system slowly is less likely to shock their routines.
Ongoing Support and Maintenance
Keeping your Oracle Fusion Cloud ERP system running smoothly requires more than just successful implementation. Ongoing support and maintenance are vital for continued success. With regular updates, technical support, and issue resolution, you can be sure that your system will meet your business needs and provide a seamless experience for users.
Perform Regular Re-evaluations
Immediately after your project launch, it’s a good idea to perform a post-project evaluation. Consider the following questions in this evaluation.
- What challenges did you face during the project?
- What went well during the project?
- What would you have done differently?
- How do your team members feel about the process?
You should also perform re-evaluations of your system on a regular basis. In most cases, annually should be sufficient, but you may choose to do it more often. This helps ensure that your ERP continues to meet your goals long after its original launch.
If you’re unsure of your post-implementation support needs, be sure to seek assistance from an ERP implementation specialist.
Partner with NexInfo for a Successful Oracle Cloud ERP Implementation
ERP systems streamline operations and enhance business performance, but implementation can be complex.
NexInfo provides tailored Oracle Cloud ERP implementation services and leads a team of experts. Our experts work closely with our clients from pre- to post-implementation to ensure success when implementing an ERP system that will meet your specific needs.
If you are interested in learning more, contact us. We look forward to helping you achieve your ERP implementation goals.
