4 Costs of ERP Implementation
While ERP implementation involves far more than simple software installation, the total cost of ownership need not be prohibitive.
While ERP implementation involves far more than simple software installation, the total cost of ownership need not be prohibitive.
Table of Content
The total cost of ownership for ERP software involves more than just licensing. There are a number of other implementation-related costs that are involved. Unfortunately, many companies make the mistake of only budgeting for licensing while neglecting the other costs that will invariably arise. In reality an organization looking to venture into enterprise resource planning (ERP) should consider the following four elements of ERP cost:
While ERP implementation involves far more than simple software installation, the total cost of ownership need not be exorbitant. With careful planning and budgeting, you can make it happen for small, medium or large businesses.