Technology

ERP Advisors Group (EAG) is one of the top independent enterprise software advisory firms for tech companies.

We have helped a wide breadth of technology firms with their digital transformation, including internet of things providers, high-tech manufacturers, cryptocurrency services, and data centers.

While some are investing in their back-office technology to make themselves attractive for acquisition, many others are looking to become a platform play for future acquisitions.

Whether your company is private equity-owned, going through the acquisition process, or stabilizing your platform for long-term growth, we can help increase your enterprise value by ensuring you make the right software investments.

technology

ERP Help for Technology Companies

ERP Advisors Group will help your technology business define requirements, set your software strategy, provide a roadmap, conduct a diligent vendor selection process and manage the entire implementation.

Develop Your Technology ERP Strategy

We will define your needs and wants as well as how you would ideally use new automated solutions across your technology company, whether you are a data center, in IT infrastructure or hardware company, satellite, IoT provider, or other technology-driven company.

Select Your New Software

We will guide you through selecting the best-fit, most cost-effective business applications and implementation partners to automate and manage recurring revenue, usage-based billings, contracts, inventory, invoicing, renewals, reporting, and analytics, etc.
 
 
 
 
 
 

Implementation Project Management

After finalizing tech-specific ERP software and services contracts, EAG stays with you to oversee your implementation until you successfully go live.  We will oversee integrations, data migration, change management, budgets, design and configuration, walkthroughs, training, testing, and go-live cutover and will provide executive and project sponsor support throughout the duration of your project.

Data Migration

We assist with all components of data migration: extraction, cleansing, transformation and loading into your new system to ensure you have complete confidence in the accuracy of your data at go live.

Why Technology Companies Upgrade Their ERP

Surveys across all of our technology clients reveal the most common reasons why they need new ERP to automate their business:

  • Lack of consistent and complete integration between the contracts/order applications to the billing system, creating multiple issues and risks.
  • Manual billing requiring substantial, time-consuming effort from the staff.
  • Lack of automation of critical revenue accounting activities relating to: discounts, waived months, phased/ramped pricing, one-time setup fees, advanced billing, arrears billing, and contract adjustments.
  • Requires substantial manual effort from the staff and is extremely error-prone.
  • Lack of a robust customer portal is preventing customers from viewing their activity and account history, viewing and paying their invoices, managing their billing information, etc. 
  • Lack of automatic interface to approved budgets requires manual comparison of capital asset purchases to budget. 
  • Lack of electronic management of vendor documents is creating excessive time for filing and looking up documents, as well as strong opportunity for losing critical documents.
  • Multiple financial and operating systems make it difficult to generate consistent reporting.
  • Employees are spending the bulk of their time performing manual routine tasks, reconciliations, and compiling reports, preventing spending time on value-added tasks.
  • Customer data is lacking, support relies on manual touchpoints for tracking metadata about specific orders.
EAG helped take a huge mess, straighten it up, organize it, and get us to understand where we really stood and where things were. I see the project with EAG as a success because it allowed us to finally put the issues we had to bed and start moving forward.
 
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JOHN LAUGHLIN
DIRECTOR, SPECTRALINK

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Why You Should Hire ERP Advisors Group

We are 100% independent ERP consultants, and we never take commissions or payments from any vendors. Combining our objectivity with our white-glove selection process, you will be absolutely certain that you are selecting the right software and implementation resources.

Resource-Constrained

Our rapidly-growing technology clients are already very busy with their day jobs and do not have time to become ERP experts.  Though your key people still have to devote some time to an ERP initiative, hiring an ERP consultant frees them up to make the important ERP decisions while staying focused on their day job.

Complex Business Processes

The more complex your business, the more likely for difficulty when selecting and implementing software.  ERP Advisors Group will help you uncover your true needs and will only vet the most viable options for your size, requirements, resources and strategy.

 

 

Best Practices for Your Industry

We will create your requirements document and demonstration script with technology industry best practices in mind while retaining what is unique to your company, leaving out the manual workarounds.

 

Change Management

Many clients hire us to help when they suspect they need a business case for new software.  ERP Advisors Group helps stakeholders buy into what is best for the company by getting their input at multiple stages throughout the Needs Analysis, Selection and Implementation.

 

Vendor Demonstrations

A frequent complaint we hear from prospects who tried to select software on their own is feeling confused about the software's capabilities.  We get vendors to show your requirements during their product demonstrations.  This ensures you feel confident about selecting the best products that can meet your needs.

Contract Negotiations

We negotiate tens millions of dollars of deals every year for our clients.  We provide contracts review on all terms and conditions, including software and services and every agreement embedded throughout the contract.  Our clients receive price protection for many years to come on their purchase.  While we don't guarantee it in writing, we normally save our fees on this step alone.

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Benefits to Upgrading Your ERP Software

ERP Advisors Group's Needs Analysis will uncover the benefits your company would realize with an ERP upgrade.  Some of the most common benefits your technology company will realize include:

  • Maintain all contract information necessary for provisioning and invoicing including new, modifications and terminations.
  • Support all types of recurring and non-recurring billings and all variations on renewals, and discounts.
  • Automated performance management process, high level reporting and analytics
  • Create in-depth financial and FP&A reports with drill down capability and availability for high level viewing.
  • Integrate to cross functional platforms for custom in depth customer support and sales reports and analytics.
  • Accessible database for contractual agreement
  • Automated sales, customer information, commission data sent to revenue recognition application.
  • Automated tracking of asset information, calculation of depreciation, integration to purchasing system, automatically send depreciation information to core accounting system.
  • Provide meaningful and customizable out of the box information and reporting throughout the organization.
  • Budget and utilization information highly visible and available in one place.
  • Send invoices, budgeting information, purchasing information, recurring revenue schedules to Core Accounting system automatically.


 


ERP Advisors was an absolute pleasure to work with.  Thanks to their partnership, we were able to execute on time and on budget across an integration project that spanned eight unique systems.

CATHY FRANCIS
VP GLOBAL SALES, PIVOT3

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Technology ERP Vendors

ERP Advisors Group will help you not only define your requirements but more importantly, we will bake in the best practices for your tech company into your Request for Information and Demonstration Script.

We conduct dozens of selections every year, equating to tens of millions of dollars in software and services sales.  With our deep knowledge of the technology industry ERP, we will help you find right the ERP for your company, AND the right professional services company to implement it. 

We regularly vet the top, most viable technology ERP systems.

Let’s Get Started

Contact us today to start the conversation.