Selecting the right ERP system is crucial for your business. Our ERP supplier selection services offer the expertise and support to guide you through this important decision.
Optimise your ERP selection with VantagePoint's expertise
Common issues in ERP supplier selections and how we mitigate them
In our experience, ERP supplier selections often face several common challenges, including unclear requirements, limited market knowledge and incomplete vendor responses. These issues can lead to poor decision-making, misaligned solutions and costly delays. To mitigate these risks, we take a structured approach from the outset, working closely with your teams to clarify requirements and ensure they are well-documented. We conduct thorough market research to identify the best-fit vendors and leverage our proven RfP process to prompt more detailed, accurate vendor responses. By fostering open communication and aligning all stakeholders, we help you make informed decisions that lead to a successful ERP selection and implementation.
The VantagePoint approach truly elevates the supplier selection process.
Our method goes far beyond the standard. By applying a comprehensive, strategic and bespoke approach, we ensure a robust market assessment and a deeper, more complete vendor response. We don't just tick boxes – we unlock the full potential of the market, uncovering the right solutions that align perfectly with your business needs.
1. Specialised expertise in EPM supplier selections
With deep expertise in EPM systems, we guide clients through selecting the right solution to optimise financial planning, consolidation, and reporting.
2. Proven methodology
Our structured, proven approach ensures a streamlined selection process, from requirements gathering to vendor evaluations, minimising complexity.
3. Extensive experience with RfPs
Having responded to and created hundreds of RfPs, we know what makes a great RfP. We help you craft clear, detailed requirements that lead to transparent vendor responses.
4. Independent and unbiased advice
As an independent consultancy, we provide unbiased recommendations, ensuring the best-fit EPM solution for your specific business needs.
5. In-depth vendor and market insights
We offer deep knowledge of the EPM vendor landscape, using our experience to help you navigate the strengths and limitations of various systems.
6. End-to-end support
We support you through the entire process, from selection to post-go-live optimisation, ensuring a successful transition to your chosen EPM platform.
Our methodology
VantagePoint's approach to ERP selection brings together elements of a typical software selection process, good practice procurement and vendor evaluation, and our own extensive project experience. Our methodology is structured to minimise the likelihood of challenges during implementation that could have been avoided during the selection process.
The key stages of our ERP selection process include:
Scoping and planning:
We work with you to define the scope, objectives, and selection criteria for the ERP project.
ERP requirements definition:
We help you develop a comprehensive set of functional, technical, implementation, and commercial requirements to guide the evaluation.
Shortlisting ERP solutions:
We leverage our deep ERP market expertise to identify the most suitable vendor and solution options for your business.
ERP solution evaluation:
We facilitate a structured, multi-stage evaluation process to objectively assess and select the best-fit ERP system.
Commercial agreement and vendor contracting:
We support you in negotiating favourable commercial terms and finalising the contract with the selected vendor.
Our experts
Natasha Garcha
Senior Consultant | Advisory
Natasha specialises in Tech Enablement and Change Management strategy, leading the practice areas within Advisory. With extensive experience in driving organisational change and fostering innovation, including leading multiple supplier selections (ERP; EPM; FP&A & Reporting), she focuses on the synergy between technology, people and processes as the foundation for transformation.
Natasha brings valuable insights from both the Big 4 and industry, having worked deeply across the CFO, CIO, CTO, and CDO offices, shaping and leading transformation initiatives. She is committed to empowering organisations to unlock the full potential of their technology investment, embedding new and exciting ways of working through effective change management and user adoption as part of any tech implementation.
Adil Rehman
Director | Technology Consulting
Adil is a Director at VantagePoint, leading the Technology Consulting division with a deep expertise in shaping technology strategies and delivering large-scale global solutions that align with overarching business objectives. He partners closely with C-suite executives, providing strategic guidance on the design and execution of transformative technology initiatives.
Adil also leads the implementation of ERP, EPM, and FP&A solutions, ensuring these platforms are seamlessly integrated to support organisational goals. Through close collaboration with the Advisory team, both practices work strongly together to ensure the alignment of business strategy with technology execution, to drive enhanced performance and long-term success.
{{item.Name}}
{{item.title}}
{{item.additional_popup_content}}
Download PDF
Don't just take our word for it...
Stuart Sinclair
Halma Plc - Finance Technology Manager
"Straight from the kick-off we had confidence that VantagePoint would deliver...
We are delighted to have continued our strong relationship post delivery and would have no hesitation in considering VantagePoint for future projects."
Read more about ERP supplier selection
How should your ERP vendor selection align with your digital strategy?
Blog
Learn how to align your ERP vendor selection with your digital strategy. Explore key factors like integration, scalability, and analytics to choose a system that supports your digital transformation and drives success.
Top five challenges in finance ERP selections and how to overcome them.
Blog
Get practical solutions to streamline your selection process, avoid pitfalls, and ensure your finance operations thrive with the right ERP system.
See full article here ➡️
How to ensure your organisation is ready for a finance ERP implementation
Blog
In the fourth of our ERP Supplier Selection series articles, we explore the future of financial management and share our insight into why choosing the right ERP matters.
Why the right ERP is key to the future of financial management
Blog
In the fourth of our ERP Supplier Selection series articles, we explore the future of financial management and share our insight into why choosing the right ERP matters.
{{item.Name}}
{{item.title}}
{{item.additional_popup_content}}