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THE BENEFITS OF IMPLEMENTING ERP

COST VERSUS BENEFIT ERP implementation projects require significant investment in terms of both time and resources. Here we list some of the benefits commonly cited by organizations when contemplating an ERP implementation project. In addition to financial benefits, we discuss some of the other benefits that may be realized. FINANCIAL BENEFITS The cost of a new ERP system needs to be balanced against the positive financial impact that the new ERP system is expected to deliver. Whilst every implementation is different, the fiscal benefits could include: Increased revenue  For example, improved planning tools can lead to an increase in product/service availability. Additional functionality may also be the sales team be more effective e.g. use of CRM, improved ability to cross-sell Reduced costs     Your existing ERP may be expensive to maintain in a robust manner; there may be the opportunity for the elimination/automation of non-value-added tasks within the organizati