Implementing Best Practices in ERP for Small & Medium Enterprises

As the Business Gateway to the world, Enterprise Resource Planning (ERP) changed the very concept of IT & Business. Although ERP systems may seem complex and costly, even small businesses are increasingly finding it necessary to invest in order to remain competitive. This research provides an interesting insight into taking ERP implementation as a project and develops problem driven approach to examine its complex phenomena. The implementation process will be divided into several components which will reflect the nature of ERP projects and makes them distinctive from other systems design methods. This paper also addresses critical issues relating to developing entrepreneurship for sustainable development of small and medium size enterprises(SMEs) for its future extensions and added benefits. It may also be useful for managing other outsourced Information System (IS) projects that have implementation settings similar to ERP.