ERP Vendor Selection means deciding which Enterprise Resource Planning (ERP) software vendor can best meet a business’s needs. By researching different vendors and evaluating their capabilities and services, a company is able to choose an ideal solution that fits its specific circumstances and objectives. The selection process can be complex and time-consuming, requiring companies to evaluate criteria such as product features, implementation costs and partner networks—all while finding the perfect balance between cost and performance. Knowing what to look for in an ERP provider and conducting thorough due diligence are key factors in ensuring a successful ERP implementation.