Articles tagged ‘ERP ROI’

If you are considering buying (or renting) an ERP system, then a good place to start is to complete a cost-benefit analysis. When properly done it will protect you from acquiring a system that would lose money instead of earning it. It is also a discipline that

The main reason ERP implementations fail to deliver adequate return on investment is because they are categorised as software, rather than business improvement, projects…

Thinking about upgrading your ERP system but not sure how to budget for it? Here’s a simple guide to help you develop a realistic budget, including not just the external costs of licensing, maintenance, support and implementation … but also the often neglected internal costs that make up a major part of the overall cost of implementing a new system.

Purchasing a new ERP system during an economic downturn may seem like a bold decision (and it is). But there are good reasons why you should consider doing so. Those companies that invest during a downturn can reap significant benefits compared to their competitors.