The best-of-breed approach is when selecting ERP Construction, which is choosing specialized software products that meet your company’s requirements. This approach allows construction companies to benefit from different applications’ best features and functionalities, rather than relying on a single, integrated solution that may not suit your requirements.
Some of the advantages of the best-of-breed approach are:
- Lower costs than a complete ERP platform, as construction companies can select only the needed applications and avoid paying for unnecessary features or modules.
- Individual department control over IT strategies, system maintenance, and upgrades, as each application can be customized and updated according to the preferences and needs of the users.
- Higher user satisfaction and adoption, as each application is designed to perform a specific function better than an integrated system does.
- Greater flexibility and scalability, as construction companies can easily add or remove applications as their business needs change.
Some of the challenges of the best-of-breed approach are:
- Integration issues, as different applications may not communicate well with each other or share data seamlessly.
- Data inconsistency and duplication, as different applications may have different data formats, standards, and definitions.
- Vendor dependency and support, as construction companies may have to deal with multiple vendors and service providers for their software products.
The Construction Industry has hundreds of solutions that are considered best in breed in the construction industry. These consist of Project Costing solutions, Project Management Solutions, Estimating, Scheduling, Subcontract Management, Payment Solutions, and many more. Therefore, construction companies should carefully evaluate their business needs and goals before deciding whether to adopt the best-of-breed or single-vendor approach for their ERP Construction. They should also consider each option’s costs, benefits, and risks and compare them with their available resources and capabilities.