In our last newsletter we committed to focus future editions on implementing business process and technology solutions that increase the value of your portfolio companies. In this edition we will provide you with Performance Improvement Partner’s streamlined approach to cost effectively implement a new enterprise system. Knowing your business priorities and keeping the implementation as simple as possible from the start are the keys to successful and cost effective implementations. Part of keeping it simple is knowing you can’t always have everything you want, the cost differential between a suite of applications that meets ninety (90) percent of your requirements versus seventy (70%) can be significant, whereas the benefits can be marginal. The key is ensuring you have identified an application that meets your highest priority requirements. Second, if you are trying to keep cost to a minimum, leveraging an application that operates on your existing hardware and network platform is
another way to keep costs down.
