Selecting Enterprise Software that will optimize your business (Step 2)
The following post details the second step in our nine step series on "how to select enterprise software that will optimize your business". As a followup to our previous post which dealt with Producing and communicating a project vision we will be taking a closer look at evaluating business processes.
Every business is built on process - whether it is the step by step tasks performed by call centers or the inner workings of a billing department. Enterprise software is devoted to improving these processes and thus it is important for your project team to identify, document and dissect the affected processes. The following are the four steps that will get you closer to a project approval.
Step 1 - Identify Processes Affected
Identify all processes that will be affected by deploying new software and then carefully analyze which processess will change as a result of implementing new software.
Step 2 - Determine the Potential for Financial Impact
Determine the processes that will be affected by the software and will have the greatest financial impact on the organization.
Step 3 - Create and Distribute a Business Impact Report
Create a formal document which documents the processes with the greatest financial impact to the organization - distribute this to the necessary stakeholders for discussion and approval.
Step 4 - Write a Business Case
Prepare a business case to management outlining why the software solution is needed, what will be accomplished and how the software will benefit the organization through a real return on investment.
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