With global markets advancing in every way, be it IT market, business industry or e-commerce, the implementation of new and efficient technologies have become the need of the hour. The advancement in technology led to the creation of enterprise resource planning (ERP) software that transformed the way businesses were managed globally.
Similarly in Pakistan, as the competition grew in international markets, many small and medium enterprises (SEMs) started planning to implement ERP software in their companies. These software were intended to automate various business workflows and to bring efficiency in various operations.
However, it was and still not easy for a country like Pakistan to implement these technologies without having to face a myriad of hurdles and challenges. That’s why although the ERP software market in Pakistan is growing gradually, over the years Pakistan’s ERP adoption rate has been low compared to other regional countries.
Factors Affecting ERP Adoption In Pakistan
Reports show that the ERP Software market in Pakistan is projected to reach a revenue of US$96.83m in 2025. Whereas, in global comparison, the United States is expected to generate a high revenue, reaching a staggering US$27,820.00m in 2025. This depicts the struggling market of ERP in Pakistan, which effected by various factors like:
Resistance to Change
The employees in the businesses resist the shift towards efficient software systems due to reasons like fear of losing their jobs by being replaced with automated technologies and largely because of being accustomed to conventional systems and not having enough expertise to manage new technologies. Such resistance can present itself as avoidance or refusal to accept the introduction of the new solution compromising on the management’s efforts to implement the ERP system in the company.
Information Gaps
The transition to an ERP system needs a well structured knowledge and information about Pakistan’s technology and business landscape, however there seems to be a wide information gap on the implementation of these software and the protocols around it. The limited research on ERP adoption among small and medium enterprises (SMEs) can lead to complication in management of the system
High Costs With Risk of Failure
The adaptation issues discussed above pose as the risk factors for companies planning to introduce costly ERP systems as these challenges can lead to potential failures in achieving the desired outcomes of the planned implementation. This results in companies avoiding taking the risk of significant financial investment as in case of failure, the project can result in wasted resources and can severely impact the functioning of these organizations.
What To Do?
For organizations in Pakistan to implement and enjoy the perks of ERP software systems they have to prepare strategies to increase ERP adoption rate in the country in following ways:
Training of employees: Provide proper awareness to employees on the importance of implementing ERP systems and develop a comprehensive training plan for them to be able to work with these advanced systems.
Prepare for the change: The managers in the company should also prepare for the change they want to bring by developing strategic plans that outline how to optimize business processes by leveraging these software. You can do that by:
- Identifying the business needs and goals
- Find the right software and choosing an ERP system that meets those needs
- Testing the ERP system you have chosen before deploying it to users
Choose Someone You Can Trust
Pakistan’s technological landscape is a mix of advancements and conventional methods, in such an unpredictable environment you need ERP service providers like Corbis Soft to make the transition to the world of new possibilities and innovative opportunities seamless and acceptable for everyone in your company. So think no more and avail our unique ERP services tailored especially for your business.
