Book Image

Maximize Your Investment: 10 Key Strategies for Effective Packaged Software Implementations

By : Grady Brett Beaubouef
Book Image

Maximize Your Investment: 10 Key Strategies for Effective Packaged Software Implementations

By: Grady Brett Beaubouef

Overview of this book

Using packaged software for Customer Relationship Management or Enterprise Resource Planning is often seen as a sure-fire way to reduce costs, refocus scarce resources, and increase returns on investment. However, research shows that the majority of packaged or Commercial Off-The-Shelf (COTS) implementations fail to provide this value due to the implementation approach taken. Authored by Grady Brett Beaubouef, who has over fifteen years of packaged software implementation experience, this book will help you define an effective implementation strategy for your packaged software investment. The book focuses on Commercial Off-The-Shelf (COTS) implementations, and helps you to successfully implement packaged software. Using a step-by-step approach, it begins with an assessment of the limitations of current implementation methods for packaged software. It then helps you to analyze your requirements and offers 10 must-know principles gleaned from real-world packaged software implementations. These 10 principles cover how to maximize enhancements and minimize customizations, focus on business results, and negotiate for success, and so on. You will learn how to best leverage these principles as part of your implementation. As you progress through the book, you will learn how to put packaged software into action with forethought, planning, and proper execution. Doing so will lead to reductions in implementation costs, customizations, and development time.
Table of Contents (19 chapters)
Maximize Your Investment: 10 Key Strategies for Effective Packaged Software Implementations
Credits
About the Author
Acknowledgement
About the Reviewers
Preface
Summary of Challenges

Chapter 3. Invest in Your Implementation Partners

It's a well known fact that implementation costs have a significant impact on the Total Cost of Ownership for packaged software. Historically, the implementation cost for packaged software averages between four to six times the costs of the software. Given the significant investment in both software and services, many customers have been more aggressive in reducing implementation costs and accelerating Return on Investment (ROI). In my observations, I noted the following approaches to reducing implementation costs:

  1. 1. Customers have taken on more responsibilities during the implementation. Typical areas include end-user training, organizational change management, software development, and project management.

  2. 2. Implementation partners have provided automated tools to streamline and accelerate certain implementation activities. Typical areas include data conversion and end-user training.

  3. 3. Implementation partners are now providing off-shore...