The demand for ERP software development services is growing at an alarming rate. More businesses are turning to these solutions to automate their operations and improve their bottom line. Let the bespoke ERP solution manage your entire business from a single platform.
You can use an ERP system to streamline your financial, customer relationship, human resources, and inventory management processes. These solutions are complex and require a team of skilled developers to build and customize them according to your specific needs. The ERP ecosystem will grow in the future, and the below statistics depict the same:
1. According to reports, the ERP markets are in the rapid expansion phase as the total market size is expected to outgrow the mark of $49.5 billion by 2025.
2. Asia-Pacific region is growing in terms of ERP demand as the CAGR (compound annual growth rate) will touch the mark of 9.8% by 2027.
If you’re also planning to develop an ERP system for your business, you must be thinking about the hiring process. In this article, we’ll guide you through the process of hiring ERP software developers. We’ll also discuss the various hiring options available to help you make an informed decision.
1. Outsource vs. Freelance vs. In-house: Which Hiring Option is The Best?
When it comes to hiring ERP software developers, you have three main options:
Let’s discuss the pros and cons of each hiring option to help you make an informed decision. As all these options have their own set of advantages and disadvantages, it’s important to understand them before making a decision.
2. Outsource ERP Software Developers
You can find a top ERP development agency to outsource your project. This option is best suited for businesses that don’t have the internal resources or expertise to develop an ERP system. In this business model, you need to sign a contract with the agency and pay them for their services.
Enterprises that don’t have an in-house development team often prefer this option as it’s cost-effective and let them focus on their core business activities. Let’s discuss the pros and cons of outsourcing ERP software developers in detail.
One of the biggest advantages of outsourcing is that it’s a cost-effective solution. When you outsource your project, you only need to pay for the services rendered by the agency. You don’t have to worry about the other costs associated with setting up an in-house team, such as infrastructure, employee benefits, and training.
2.1.2 Access to Skilled Resources:
When you outsource your project, you get access to a team of skilled and experienced developers. The agency you choose will have a pool of resources that you can tap into.
2.1.3 Flexible Engagement Models:
Once you outsource your project, you can pick from a variety of engagement models. This flexibility is important because it allows you to choose a model that suits your budget and requirements. In addition, you can scale up or down the team size as per your needs.
2.1.4 100% Fulfillment of Complex Requirements:
When you outsource your project to a development agency, you can be sure that they will fulfill all your requirements. As these agencies have a team of skilled resources, they can develop a complex ERP system as per your needs.
2.2.1 Lack of Control:
One of the biggest disadvantages of outsourcing your project is that you won’t have much control over it. As the agency will be responsible for the development process, you won’t be able to monitor it closely. In addition, you may not be able to make changes to the project as per your preferences.
2.2.2 Risk of Misunderstanding:
Another risk associated with outsourcing is misunderstanding. Even if you hire the best ERP developers but if you won’t be working closely with the team, there’s a chance that your requirements may not be fulfilled. In addition, cultural differences can also lead to miscommunication and misunderstanding.
2.3 Expert Tips for Outsourcing Model:
2.3.1 Define Your Requirements Clearly:
One of the most important things you need to do before outsourcing your project is to define your requirements clearly. You need to have a clear understanding of what you want from the project.
2.3.2 Go Through The Contract:
Before signing the contract, make sure you go through it carefully. You need to understand the terms and conditions of the agreement. In addition, you should also check the clauses related to ownership and intellectual property rights.
2.3.3 Choose The Right Agency:
It’s important to choose the right development agency for your project. Do your research and pick an ERP agency that has a good track record. In addition, make sure you read the reviews of the ERP development agency.
3. Freelance ERP Software Developers
You will find a lot of professional freelance ERP developers for hire that can develop a system as per your needs. When you go for a freelance ERP development model, you can save on a lot of costs as you don’t need to set up an infrastructure.
In addition, you can also save on employee benefits and training expenses. Let’s discuss the pros and cons of hiring freelance developers in detail.
3.1.1 Flexible Working Hours:
When you hire a freelance developer, you can be flexible with their working hours. You can discuss the project deadlines and delivery schedule in advance and they will work accordingly. In addition, you can also hire them on an hourly basis. Moreover, this flexibility is important when you have a tight budget.
3.1.2 Pay Only For The Work Done:
Another advantage of going for a freelance model is that you need to pay only for the work done. You don’t need to worry about employee benefits, taxes, and other expenses. In addition, you can also negotiate the price with the developer. This can be the biggest edge especially when you have a limited budget.
3.1.3 No Need To Provide Infrastructure:
When you hire a freelance developer, you don’t need to provide them with any infrastructure. They can work from anywhere in the world as long as they have a laptop and an internet connection. This can be a big advantage when you want to save on infrastructure costs in your ERP development.
3.2.1 Quality Of Work:
One of the biggest disadvantages of working with a freelance developer is that you can’t be sure about the quality of their work. As they are not bound by any contract, they may not be motivated to do their best. In addition, they may not be as experienced as the developers working in a reputed agency.
3.2.2 Lack Of Commitment:
Another disadvantage of working with a freelance developer is that they may not be committed to your project. As they are not employed by you, they can take on other projects as well and this can result in delays in your project. However, it might not be an issue if you have a flexible deadline.
3.2.3 Communication Issues:
There is always a risk of communication issues when you are working with a freelance developer. As they are located in different time zones, it can be difficult to coordinate with them. This can lead to miscommunication and misunderstanding.
3.3 Expert Tips For Freelance Model:
3.3.1. Check The Portfolio:
One of the best ways to choose the top ERP software developers is to check their portfolio as this will give you an idea of their work quality and experience.
3.3.2. Check The Reviews:
Another way to choose a freelance developer is to check the reviews and ratings. This will give you an idea about their work quality and commitment level.
3.3.3. Talk With Them in Person:
It’s always a good idea to meet the developer in person before hiring them. This will help you get a better idea about their communication skills and work ethic.
4. In-house ERP Software Developers
The in-house model is when you establish a team for bespoke ERP development solutions within your organization with the help of an IT staffing agency. Let’s look at the pros and cons of this development model in detail.
4.1.1 Better Control Over The Project:
The biggest advantage of this model is that you have better control over the project as the team works under your supervision. This is helpful when you want to be sure about the quality of your work. In addition, you can also monitor the progress of your project and make changes as required.
4.1.2 Faster Turnaround Time:
Another advantage of this development model is that it offers a faster turnaround time. As the team works under your supervision, they are more likely to meet deadlines. In addition, this model is also helpful when you want to make changes to the project on a regular basis.
4.1.3 Less Risky:
This development model is also less risky as you have better control over the project. In-house software development team offers output with higher transparency and quick development.
4.1.4 Higher Quality Assurance:
In addition, this model is also helpful when you want to make changes to the project on a regular basis. Moreover, this higher quality assurance helps you to get a better return on investment.
4.2.1 High Initial Investment:
The biggest disadvantage of this development model is that it requires a high initial investment. As you have to establish a team of developers, you need to invest in infrastructure and other resources
4.2.2 You Need Additional Management:
Another disadvantage of this development model is that you need additional management to supervise the team of developers. This can be a challenge for small businesses as they might not have the resources to manage a team of developers.
4.3 Expert Tips For The In-house Model:
4.3.1 Choose The Right Team:
One of the most important things to do when you are working with an in-house development team is to choose the right team.
4.3.2 Communication Is Key:
Another important thing to do when you are working with an in-house development team is to keep the lines of communication open. This will help you to avoid misunderstandings and miscommunication.
4.3.3 Be Clear About Your Requirements:
It is also important to be clear about your requirements when you are working with an in-house development team.
5. Why Hire Auxano Global Services?
Auxano Global Services is the best ERP software development company offering a wide range of services to its clients. We have a team of experienced and certified developers who can provide you with the best solutions for your business. With a wide array of technologies, frameworks, and services, we can help you to get the best results from your project.
So, these are some of the things that you need to know about how to hire ERP software developers. Keep in mind that the decision of whether to hire an in-house team or to outsource your project will depend on your specific needs and requirements. We hope that this article will help you to make the right decision for your business.
Frequently Asked Questions
1. Are companies using this new Technology?
Yes, many startups and businesses have realized that using these simple platforms for basic software needs to help them grow and understand their users better.
2. How much does it cost to develop an ERP system?
The cost of developing an ERP system depends on the requirements of your project. Moreover, the cost also depends on the size and complexity of your project.
3. What are the benefits of using an ERP system?
Some of the benefits of using an ERP system are that it helps businesses to save time and money. In addition, it also helps businesses to manage their operations effectively.
4. Why hire the best ERP software development company?
The best ERP software development company can help you to get the best results from your project. With a team of experienced and certified developers, we can help you to get the best solutions for your business.
5. What are the things to consider when choosing an ERP software development company?
You can check their experience, portfolio, reviews, and ratings when choosing an ERP software development company.