Wandile, I sold a high-end ERP into small and mid-size professional services verticals for 30 years. I would be happy to talk so I could learn what your goals are and see where I can add value. You can email me at jjewell@aecbusiness.com
Wandile - the first question that must be asked is why does the world need another ERP and what advantages might you bring to the market? Next is: are you willing to take the time to validate that there is a need and that there are people who will pay for what you built.
You are up against some very well established players in the marketplace, so you have to have a unique selling proposition.
Research Slicing Pie as a way to keep track of time spent by anyone who agrees to help you before you can pay. I would start with someone capable of refining your business plan, figuring out who is your market and ultimately selling, so you can prove traction in the marketplace with what you've built before you start to spend money.
Thank you gents.
Ravi I did that in the early stages of development, but for the ERP to be competitive it needs more than just the regular functionality.
Leigh your first two sentences are on the spot. I already have a solution in place but want to ensure that it can play with the big boys before formerly releasing it.
Wandile,
Without knowing more detail about your solution, I can only give you a general answer: you need to team up with someone who knows the "business" side of the start-up. At a minimum, this person must be able to understand the needs and pain points of your target user, and connect those needs with the functionality of your offering. If this person is not an ERP expert, that's not a show-stopper, but that means s/he is able to do some industry research (this skill is typically taught as a part of the MBA curriculum). BTW, I would advise against spending more time and resources on developing specific new features until you have a clear idea of your target market segment, its' (presently unmet) needs, and a realistic assessment of whether you can meet their needs... better than any existing competitor. Without these steps, your product will have very low odds of success. For more background on this process, I would recommend Steve Blank's "The Lean Start-up" - which provides a great framework to assemble and validate all your early business assumptions. Regardless of which business model framework you use, you'll quickly learn that it's not a trivial process, so your best bet is to find an advisor or co-founder who can help to navigate your way through it. I hope this helps!
There is still room in business for ERP opportunities.
You could explore problems in Verticals and apply tailored solutions. Small business is a good place to start because a good number have shallow pockets or small budgets, yet many are looking to grow or at least maintain what they have.
Find companies that can benefit from your idea.
Build a sample or MVP and get 10 to 100 paying users. Surely, without spending a bunch of cash you can cobble something together even using an easy language or available frameworks then build it in a more robust language over time.
first, you need to figure out whats functionality (module) requires in ERP that helpful business operation. then choose any one ERP solution like "ERPNext" and customized according to your requirement. Because create ERP from stretch invests a lot of money as well as time.
Wandile, I would be happy to provide some feedback if you're looking for someone with accountng experience to do so. I currently work with some online accounting apps for small businesses so aware of most of their functions/capabilities. Think that if your app takes a more holistic/integrated approach to business operations you should be able to gain some competitive advantage. Also examples of verticalization would be a good start.