ERP costs and value shouldn’t be a mystery. As ERP is a significant investment that touches every part of your business, you can’t afford to have cost overruns, hidden fees, or other unforeseen expenses that derail your project. You need to justify the project beforehand, and you need to get honest answers regarding cost, time, and return on investment.
There are few things more important to the long-term health of your organization than the right ERP system. Knowing that an ERP upgrade is one of the most complex processes that an organization can take part in, it’s important to have a plan and to complete any decision-making through a systematic process that weighs pros and cons, leverages best practices, and offers you an end result you can be confident in.
Business leaders and end-users alike know one undeniable truth: Your ERP system is at the heart of your business, and just like the human body, it’s not possible to live without the heart. This is why ERP decisions are so complicated: Even if it’s necessary to make an upgrade, this upgrade affects everyone from the purchasing department to the sales team to the supply chain leaders, and everyone has their own needs and opinions on your business’ next steps.
As you have likely heard, the cloud has become an important software delivery model for businesses. You’ve heard about its ability to provide a more affordable delivery model for growing businesses and its ability to decrease costs for technology a business of your size could only fathom to afford a decade ago.
IT Costs out of Control:
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The process of comparing ERP systems is a big undertaking. Most products offer similar features and it isn’t always easy to see how they might benefit your business or which are more essential. But this is something you need to do, considering that implementing or replacing an ERP system is a decision that will affect your business for years after the fact.
