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Software Selection
Key requirements to consider while evaluating a General Ledger Module
General Ledger (GL) Module is the core module of any ERP System. Almost all the other modules depend upon it for proper accounting. While evaluating an ERP and especially its GL Module, ensure that the GL Module meets the following requirements:
Software Selection
Well, software selection is really a tough task. Be it an ERP, CRM or BI software. Experts advise to follow a structured methodology for selecting the right software. Here it goes:
1. Identify your needs and document those
2. Circulate Request for Information to the vendors and ask them to provide product information
3. Evaluate vendor responses to the RFI
4. Shortlist a few vendors (at least 10) based on the RFI
5. Make a request for proposal and circulate it to the shortlisted vendors
