Inescapable
Continued Growth
According to Allied Market Research, the global enterprise resource planning market was valued at $43.72 billion in 2020 and is projected to reach $117.09 billion by 2030, growing at a CAGR of 10.0% from 2021 to 2030.
Enterprise Resource Planning (ERP) systems can streamline operations, enhance productivity, and drive growth. However, successful ERP implementation is often challenging. Research by Gartner suggests that ERP projects encounter failure rates ranging from 55% to 75%, exceeding their budgets and timelines, primarily due to underestimating the risks and complexities involved. Gryphon Citadel provides strategic advisory services to help businesses navigate these challenges and achieve their ERP-enabled business transformation goals, unlocking the full potential of their operations and driving significant growth.
Implementation Challenges
Implementing an ERP system is a complex, multi-year journey that often encounters several hurdles. Data migration issues, employee resistance to change, training requirements, partner dynamics, and risk management are crucial factors to consider. Transferring data from legacy systems to a new ERP platform can be fraught with errors and inconsistencies. Change is complex, and employees may resist new processes and technologies.
Comprehensive training programs help employees effectively use the new system. Partner dynamics and risk management are also crucial considerations. Many partners are incentivized to get projects approved quickly, leading to changes that disrupt timelines and budgets once the project gains momentum. Data security, minimizing downtime, and avoiding operational disruptions are essential yet challenging tasks.
ERP Done Right
At Gryphon Citadel, we understand that successful ERP transformations require more than just technical implementation. They demand a strategic approach that aligns technology with business goals, drives change management, mitigates risk and monitors progress.
Here’s how we help:
01
Creating a Vision
We start by helping you create a clear vision for your ERP transformation. This involves evaluating your legacy systems, identifying potential value drivers, and deciding the best approach—a brownfield or greenfield implementation. We answer critical questions such as:
- What are the potential value drivers for change?
- When is the right time to move?
- Should we consider a brownfield or greenfield approach?
02
Business Case Development
A robust transformation strategy is essential. Our team assists in building a compelling business case and a detailed transformation roadmap. We drive stakeholder alignment and readiness by addressing questions like:
- What is the business case for transformation?
- How will value be measured and confirmed?
- Do we have stakeholder alignment, and are we ready to move forward?
03
Risk Management
Transitioning to implementation is where risk management becomes vital. We help you establish a suitable governance model to hold your program team and partners accountable for the desired business outcomes. Our approach involves:
- Identifying and mitigating risks such as data security breaches, system downtime, and operational disruptions
- Assessing the impact of change requests on the business case
- Foreseeing and preventing value leakage
04
Continuous Program Review
ERP transformations are ongoing processes that require continuous oversight. Gryphon Citadel conducts comprehensive program reviews and health checks to maintain the progress of your transformation.:
- The proper governance structure is in place
- The right partners are involved
- The plan is de-risked and optimized for success
How we can help
Completing an ERP transformation is complex, but with Gryphon Citadel as your trusted partner, you can achieve your goals on time and within budget. We provide the strategic insight, rigorous planning, and continuous support needed to turn your ERP investment into a powerful engine for growth and efficiency.
Together, we can build a resilient and agile future for your company.
Successful ERP implementation requires more than just strategy; it demands meticulous execution. Your team can count on our hands-on support throughout the implementation phase, focusing on effectively managing every aspect of the project.
Our implementation services include:
Project management to keep the implementation on schedule and within budget
Change management to help employees adapt to new systems and processes
Training programs to help your team fully leverage the new ERP system
Continuous monitoring and optimization to address any issues and improve system performance
Even the best-laid plans can encounter significant obstacles. Gryphon Citadel specializes in rescuing failing ERP initiatives, turning around projects over budget, behind schedule, or failing to meet business objectives. Our rescue approach may include:
- Thorough assessments to identify the root causes of failure
- Re-alignment of the project with business goals and objectives
- Execution of corrective measures to address identified issues
- Rebuilding stakeholder confidence and driving clear communication
- Development of a realistic recovery plan and timeline
