The biggest myth of ERP is that it is no more than an upgraded version of old systems. Most of the SMEs think like this. But it is not true. Some of the common myths vis-à-vis integration of the software is easy job, transfer of data is unidirectional, copying data in software integration, it can increase the efficiency of the business, It has magic box- can generate any type of report or can take any decision, latest ERP is good for your organization, it will reduce the IT staff, but in actual things are totally different which is discussed below-
Integration of ERP is not an easy job it require full attention of project manager as well as all users to test the new system functionality. It require full support from everyone involve in this project. Sometimes it may take long time to Go Live. Transfer of data is not unidirectional. It can flow in both directions, from or to the software. If it is fully integrated with production, it will have a bi directional data flow. ERP integration is not copying all data; it does not allow duplicate entries.
It can provide the platform to handle your increased business and help you by providing better reports. Once data have entered correctly you can get related reports and based on that data you can make a decision. It will not make any decision. It can give the options for your questions based on entered data. Small companies have to choose the system that fulfill their basic needs. If they go for latest ERP, they will find difficulty in retaining older hardware.
ERP companies have spent a millions of hours and money on making the system as foolproof as possible, so even data that is not protected by complicated passwords are not easily accessible to unauthorized employees. This system does not replace your IT staff, even it creates more responsibility to help them with day-to-day troubles related to maintenance and troubleshooting. Consult an ERP consultant for other queries related to the software and implementation.