{"id":15555,"date":"2022-09-18T13:33:53","date_gmt":"2022-09-18T13:33:53","guid":{"rendered":"https:\/\/dynamics.folio3.com\/blog\/?p=15555"},"modified":"2024-01-23T10:49:57","modified_gmt":"2024-01-23T10:49:57","slug":"erp-selection","status":"publish","type":"post","link":"https:\/\/dynamics.folio3.com\/blog\/erp-selection\/","title":{"rendered":"Top 10 ERP Selection Criteria Checklist &#8211; ERP Vendor Selection Process 2024"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">ERP is a piece of software that all of our organizations rely on to help them achieve their goals. Choosing the <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/top-erp-systems\/\"><span style=\"font-weight: 400;\">best ERP system<\/span><\/a><span style=\"font-weight: 400;\"> for our company is one of the most important decisions we will make. The decision must be sound. Here are some criteria for selecting an ERP system to consider when making your decision.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">When considering your ERP selection criteria and how they may affect each component, keep your business goals in mind at all times.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Top 10 ERP evaluation criteria:\u00a0<\/span><\/h2>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Requirements for businesses\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Upper management assistance<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Assistance to users<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Functional requirements<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Adaptation to the existing system<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Resources and budget<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Future scalability and technology<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Return on investment and total cost of ownership<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><span style=\"font-weight: 400;\">Consider and select options\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-level=\"1\"><a href=\"https:\/\/dynamics.folio3.com\/blog\/erp-customization\/\"><span style=\"font-weight: 400;\">Customization<\/span><\/a><span style=\"font-weight: 400;\"> is required.<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">What criteria are used to select ERP?<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Given that this system will have an ongoing impact on every aspect of your business, there are several factors to consider when selecting an ERP. Although important requirements criteria may differ slightly depending on the business, you should ensure that your ERP system:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">meets your company&#8217;s functional requirements; the system works as intended and helps rather than hinders.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How long has your ERP provider been providing services to businesses like yours?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">What kind of user support is required for your ERP system?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How much does your <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/erp-cost-software-pricing\/\"><span style=\"font-weight: 400;\">ERP system cost<\/span><\/a><span style=\"font-weight: 400;\">?<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Your company&#8217;s ERP budget must be adequate.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You need a system that works across your entire organization, not a collection of incompatible systems, so think about how your system will interact with any existing systems that will remain in place.<\/span><\/p>\n<p><b>How much customization do you need for the default software?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">As you read our list of criteria for selecting an ERP, keep in mind your specific business issues and how they relate to each set of criteria, as well as how we respond to these questions below.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">First ERP selection criterion: business requirements<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Make a detailed list of all the <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/erp-requirements\/\"><span style=\"font-weight: 400;\">ERP requirements<\/span><\/a><span style=\"font-weight: 400;\"> you have. Make the most of the resources at your disposal to create a top-notch list. Speak with your purchasing manager and production personnel. Pay close attention to upper management as well as your customers and suppliers. Call current and previous salespeople. Order your ideas in ascending order after you&#8217;ve written them all down. Establish a clear understanding of the &#8220;must have&#8221; needs. The items in the next priority tier are optional, but it is generally agreed that including them will benefit the business. Any other items are essentially &#8220;nice to have&#8221; and belong in a lower tier.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This method will be greatly aided by an ERP requirements template, which will allow you to break down your required features into precise functionality. Rather than individual feature requests, our requirements form requests specific functions, such as how the general ledger automates regular transactions. Also, whether the software allows for rules to determine the amounts for GL transactions. This level of specificity will assist you in understanding the full range of a system&#8217;s capability and how its software can meet your requirements, such as whether it&#8217;s built-in functionality, custom functionality, or third-party integration.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">The second ERP selection criterion is senior management support<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">This may appear to be a no-brainer standard. Its significance is all too often overlooked. Even if one selects the best ERP for the company, the project will most likely fail without the cooperation of upper management. Support entails more than just raising funds. Your management should show its support aggressively. When a resource from another department is needed, the manager can stifle progress by providing ambiguous support. You want to be confident that management genuinely supports the ERP, even if there is a short-term cost when deciding whether to support the new ERP or use the existing system.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to calculating selection costs, your business case should focus on corporate goals and how ERP can help your company achieve them. Pitching senior management for ERP project buy-in may appear intimidating, but it is critical to the success of your project.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">A third consideration in ERP selection is user support<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Every functional area will have users in the new ERP. Make certain that the list of conditions reflects their wants and needs in order to gain their support. Regardless of where they work, these users will benefit greatly from the success of your ERP system. Inform those users that they will receive the assistance, training, and tools needed to use the ERP and generate value for themselves and the organization as a whole. Make them aware of the resources available to them as they adjust to the necessary changes. In exchange, they will assist you in using and benefiting from your new ERP. Ensure that the documentation users will need is available whenever and wherever they need it, and that it is of sufficient quality to meet their needs.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">The fourth ERP selection criterion is functional requirements<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Your company must first meet certain functional requirements before it can meet your change and update requirements. Is this ERP capable of handling sales orders that include both tangible products and services? It has to if that&#8217;s what your company sells. Your company has operations in several countries. Are multiple currencies and the ability to interact with various tax systems in those countries included in the ERP accounting components?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Consider any ERP components that your business may not require. If your business is distribution and you don&#8217;t do any manufacturing, can you easily get around any work-in-process requirements imposed by an <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/automated-inventory-system\/\"><span style=\"font-weight: 400;\">integrated inventory system<\/span><\/a><span style=\"font-weight: 400;\"> found in some ERPs?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your ERP selection criteria should take into account the demands and preferences of each department. Specific industries and departments will have very specific functional requirements. Using your ERP should be easier for all departments, not more difficult. Your supply chain should understand whether your ERP will interact with their suppliers and provide shipment tracking on the new platform. Sales want to know if ERP can handle multi-tiered orders and how it will manage different sales areas. In your list of ERP requirements, make sure to include the needs of each department.<\/span><\/p>\n<p><b>Integration with existing systems is the fifth criterion for selecting an ERP.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The majority of businesses that choose an ERP have other systems that meet their needs perfectly, so they are not interested in changing those systems in addition to their ERP. What remains to be seen is how these systems will integrate with ERP. Almost always, there are common data items. Can ERP access and read data already stored in another system? Will you allow the same data to exist, and how will you keep those independently updated data elements compatible? Will modifying the other system to use the ERP data better meet your requirements?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What integration tools are included with this ERP? It should have a simple integration, such as.csv files, for sporadic data updates. This type of update is ineffective and may be too slow for regular use. To quickly transmit data between computers, a more modern method of operation is to use XML files and web services.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Customers and suppliers frequently use electronic data interfaces, or EDIs, to exchange data between businesses. If this is required, ensure that your ERP can accommodate it.<\/span><\/p>\n<p><b>Budget and resources are the sixth criteria for selecting an ERP system.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">What are the financial resources available for an ERP system? If you only have $10, your selection criteria must be extremely strict. According to a 2021 Software Path analysis, you can expect to spend around $9,000 per system user on average. This is a substantial investment, and it serves as a reminder that selecting an ERP system is a long-term decision. Because most ERP systems will be in use for ten years or more, ongoing support and maintenance for both the infrastructure and the ERP must be budgeted for. Your decision today will affect future spending plans.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Who will put in the time and effort required to select and implement ERP? Although it would be ideal to devote full-time resources to the project, many businesses will opt for part-time workers. Planning is required to determine who will handle the critical tasks that personnel currently handle while focusing on ERP.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The size of your company may influence your ERP budget. The most recent Software Path ERP study compiled budget data from tens of thousands of ERP projects to determine the average cost per user for various business sizes. It&#8217;s worth noting that according to their ERP project report, healthcare organizations frequently have higher expected budgets per user.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In order to find the best software, you should include requirements, resources, industry, and company size in your ERP selection criteria.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">The seventh decision criterion for ERP is the technology and future scalability<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">These issues concern both the software used to create your ERP system and the hardware required to run it. We anticipate further progress and innovation in both fields. We don&#8217;t want them to use cutting-edge technology, but we also don&#8217;t want them to use outdated technology. Simultaneously, we want to buy our ERP from a company that has a proven track record of keeping up with technological advancements and is committed to continuing that strategy.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">The eighth ERP selection criterion is ROI and total cost of ownership<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Add up all of the extra costs that this ERP will cause you. There will be an initial purchase price as well as some initial consulting costs. Your servers and networks may require frequent updates. You will have to pay for training and temporary staff while your employees are implementing ERP. Every year that you use the ERP, you will be charged for support and maintenance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You will benefit from lower costs of performing work at the same time. You may see an increase in income because you can now offer your customers services and goods that were previously unavailable due to this ERP.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Calculate your return on investment after deducting the costs and benefits over time. The majority of businesses want a minimum return before making an investment. Check that the ROI for this ERP meets your company&#8217;s needs.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">The ninth criterion for ERP selection is evaluating and selecting options<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">There are now alternatives to the traditional ERP system, which runs on an <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/on-premise-vs-cloud-erp-software-difference\/\"><span style=\"font-weight: 400;\">on-premises<\/span><\/a><span style=\"font-weight: 400;\"> server and is supported by internal <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/it-service-management-itsm\/\"><span style=\"font-weight: 400;\">IT personnel<\/span><\/a><span style=\"font-weight: 400;\">. Many businesses opt for an ERP that is built on a <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/saas-implementation-plan-and-steps-for-implementing-saas\/\"><span style=\"font-weight: 400;\">SaaS foundation<\/span><\/a><span style=\"font-weight: 400;\"> and runs in the cloud. The upfront cost is reduced by avoiding monthly &#8220;rental&#8221; payments that include the software and the majority of support requirements.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You can use a hybrid strategy in which your company owns the ERP but runs it on shared servers in the cloud.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Today, open source software is widely used in the development of ERP systems. These benefit from the software being either free or extremely cheap to purchase. You can completely customize it because you have access to the open-source source code. Users constantly update open source ERP, reporting and correcting flaws. There is no need to wait for a development company to release a new revision because those changes are immediately available to all customers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you are concerned about these possibilities, your decision will indicate which ERP system selection criteria are critical for your company.<\/span><\/p>\n<h3><span style=\"font-weight: 400;\">ERP criterion number ten: customization is required<\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Customization is never required for the perfect ERP. Because no customization is likely to be perfect, it will be a selection criterion. Determine the intended level of customization and whether it is actually required in your workforce. Today&#8217;s ERP systems rely on data gathered from tens of thousands of clients. Is there anything unique about your company that sets it apart from the rest? There&#8217;s no way. If you can use an existing ERP to simply work around your desired customization, that customization is not a selection criterion. It is not a criterion in and of itself, but the ability to perform such customization later is a criterion if it can be delayed while using a current ERP and evaluated later.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If, on the other hand, modification is required, consider ERP systems in terms of how simple and effective customization will be. Do you hire developers who are fluent in the required programming language? Are there any job opportunities for developers with this level of talent?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">How will your ERP handle the modifications? Can you use business objects or other forms of validation to <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/compliance-tracking-system\/\"><span style=\"font-weight: 400;\">ensure compliance<\/span><\/a><span style=\"font-weight: 400;\"> with other <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/erp-modules\/\"><span style=\"font-weight: 400;\">ERP components<\/span><\/a><span style=\"font-weight: 400;\">? Can you implement your change without interfering with other ERP components?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Some ERPs will provide better answers to your questions than others, which will help you narrow down the ERP systems you have to choose from.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Bonus: ERP Software Selection Checklist<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Use a comprehensive checklist to ensure the success of your ERP selection project. Aside from that, you should tailor your checklist to your company&#8217;s needs, but our list should serve as a good starting point. Download our complete ERP selection checklist to ensure you don&#8217;t miss any steps when selecting your ERP.<\/span><\/p>\n<ol start=\"1\">\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">The Selection of the team<\/span><\/h3>\n<\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Selecting the project manager<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Putting your selection team together<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Obtaining a C-Level Sponsor\u00a0<\/span><\/li>\n<\/ul>\n<ol start=\"2\">\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">Collect Requirements<\/span><\/h3>\n<\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Create a flowchart of your current <\/span><a href=\"https:\/\/54.177.179.234\/fasttrack-365-finance-operations\/\"><span style=\"font-weight: 400;\">business operations<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">identifying the major business challenges<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Consult with each department about its problems.<\/span><\/li>\n<\/ul>\n<ol start=\"3\">\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">System prerequisites<\/span><\/h3>\n<\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">How many people require access<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">What type of hosting should you choose?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">What are your language and <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/financial-management\/\"><span style=\"font-weight: 400;\">financial requirements<\/span><\/a><span style=\"font-weight: 400;\">?<\/span><\/li>\n<\/ul>\n<ol start=\"4\">\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">Offerings from vendors<\/span><\/h3>\n<\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">What kind of assistance do you require?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Do you need a <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/it-project-management-software\/\"><span style=\"font-weight: 400;\">third-party project management<\/span><\/a><span style=\"font-weight: 400;\"> team?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">What critical data sets do your <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/legacy-system\/\"><span style=\"font-weight: 400;\">legacy systems<\/span><\/a><span style=\"font-weight: 400;\"> contain?<\/span><\/li>\n<\/ul>\n<ol start=\"5\">\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">ROI forecasting<\/span><\/h3>\n<\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Determine when the total cost of ownership will be incurred.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Set up reporting on ROI projections.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Create a strategy for <\/span><a href=\"https:\/\/dynamics.folio3.com\/blog\/dynamics-365-change-management\/\"><span style=\"font-weight: 400;\">change management<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<\/ul>\n<ol start=\"6\">\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">Choice of vendor<\/span><\/h3>\n<\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Examine the ERP systems used by similar organizations in your industry.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Make a brief list.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Create an RFP to select an ERP<\/span><\/li>\n<\/ul>\n<ol start=\"7\">\n<li style=\"font-weight: 400;\" aria-level=\"1\">\n<h3><span style=\"font-weight: 400;\">Choosing an ERP<\/span><\/h3>\n<\/li>\n<\/ol>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Building your team<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Examine the responses to the RFQ.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Accept a purchasing decision<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The preceding checklist is a simplified version of our 60-step ERP selection process, which you should use.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If you have gone through our list and know the answers to all of these ERP selection criteria, you are well on your way to selecting an ERP that will serve your business both today and in the future.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ERP is a piece of software that all of our organizations rely on to help them achieve their goals. Choosing the best ERP system for our company is one of the most important decisions we will make. The decision must be sound. Here are some criteria for selecting an ERP system to consider when making [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":15556,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[45,125],"class_list":["post-15555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-d365","tag-erp","tag-erp-implementation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Top 10 ERP Selection Criteria Checklist - ERP Vendor Selection Process 2024<\/title>\n<meta name=\"description\" content=\"know the answers to all of these ERP selection criteria, you are well on your way to selecting an ERP that will serve your business both today and in the future.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dynamics.folio3.com\/blog\/erp-selection\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Top 10 ERP Selection Criteria Checklist - ERP Vendor Selection Process 2024\" \/>\n<meta property=\"og:description\" content=\"know the answers to all of these ERP selection criteria, you are well on your way to selecting an ERP that will serve your business both today and in the future.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dynamics.folio3.com\/blog\/erp-selection\/\" \/>\n<meta property=\"og:site_name\" content=\"Folio3 Dynamics Blog\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-18T13:33:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-23T10:49:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/dynamics.folio3.com\/blog\/wp-content\/uploads\/2022\/09\/Top-10-ERP-Selection-Criteria-Checklist-_-ERP-Vendor-Selection-Process.png\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"491\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Folio3 Microsoft Dynamics Partner\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@folio_3\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Folio3 Microsoft Dynamics Partner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"11 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/dynamics.folio3.com\/blog\/erp-selection\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/dynamics.folio3.com\/blog\/erp-selection\/\"},\"author\":{\"name\":\"Folio3 Microsoft Dynamics Partner\",\"@id\":\"https:\/\/dynamics.folio3.com\/blog\/#\/schema\/person\/f7d38b88c941636642e7a9ecf91c20b4\"},\"headline\":\"Top 10 ERP Selection Criteria Checklist &#8211; 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