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Demonstrating the ROI of an ERP System

Source: Global Shop Solutions
What kind of tangible return on investment (ROI) can you expect from your enterprise resource planning (ERP) software? The answer: a lot more than you might expect. Purchasing ERP software represents a significant financial commitment, but in most cases, the software pays for itself within the first year—and will continue to generate cost savings for many years after. Where do these cost savings come from? Find out here.


Featured publications:

Why You Should Take a Hard Look at Your ERP System: Dynamo, Dinosaur, or Difficulty on the Horizon?
Source: Edgewater Fullscope Is your business running as well as it should be? Your ERP system may be the dynamo it was intended to be, but if it has become outdated or outrageously expensive to operate—a dinosaur or a devil in the making—chances are it is doing more harm than good in today’s increasingly global world. Regardless of your business or industry, the time has come to examine your ERP system dispassionately. Know what needs to be considered. Read More...
Is Your ERP System Built for Your Industry?
Source: Edgewater Fullscope Most ERP applications have three major components: manufacturing, distribution, and finance. For process manufacturing, quality management is so embedded in all the processes that it also becomes a core requirement. This white paper discusses the process manufacturing paradigm and provides a guideline for any process manufacturing company that needs to identify ERP system requirements most suitable for their business. Read More...
11 Criteria for Selecting the Best ERP System Replacement
Source: Epicor An enterprise resource planning (ERP) system is your information backbone, reaching into all areas of your business and value chain. That’s why replacing it can open unlimited business opportunities. The cornerstone of this effort is finding the right partner. And since your long-term business strategy will shape your selection, it’s critical that your ERP provider be part of your vision. Read More...


You may also be interested in these related documents:

ERP: Is High ROI with low TCO Possible?
Source: Aberdeen Group Total cost of ownership (TCO) remains a significant factor influencing enterprise resource planning (ERP) strategies and decisions. But focusing exclusively on TCO runs the risk of delaying necessary ERP projects. Companies should also consider return on investment (ROI) of such projects. Find out what the average company should expect to pay for ERP and how the business can benefit from a successful implementation. Read More...
Measuring the ROI of ERP in SMBs
Source: Aberdeen Group Enterprise resource planning (ERP) is more than a necessary infrastructure that forms the transactional system of record upon which a business is based. ERP is also the potential source of cost savings and operational improvements. It is also a serious undertaking. This Aberdeen report serves as a roadmap for small to medium businesses (SMBs) to realize the maximum return on investment (ROI) from ERP implementations. Read More...
The ROI of ERP: Proven Implementation Methodology Is the Determining Factor
Source: Epicor Successful implementation of an extended enterprise resource planning system (ERP) is the result of knowledgeable and dedicated people working together. It entails company-wide commitment, openness to change, good planning, and experienced guidance. Learn about the three primary criteria of recognizing return on investment (ROI) from an ERP system and how using them during the system selection process and subsequent implementation can ensure that the chosen system will support and enable the business improvements envisioned. Read More...

 
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