Maximizing enterprise resource planning ROI: A guide for mid size companies

| 762 Comments | 180systems

April 2010 from IBM – “To determine the ROI, calculate the total costs of your solution by including components such as software, hardware, upgrades, support, maintenance, training, customization, implementation services and more. Compare those costs with the tangible benefits the investment will provide and you will have your ROI. Tangible benefits could be in the form of process improvements enforced by the ERP that have helped your company improve its efficiency, or a rise in revenues or profits because you were able to identify new opportunities.”

Read more

180 View – We recently received a link to this article so we have assumed IBM thinks it’s still current thinking. The inconvenient truth with the article and with so many vendors’ promises is that most ERP systems don’t have a positive ROI. However there can still be compelling reasons to invest in a new ERP system without having ROI (such as the old system is no longer supported) and there can be intangible benefits that can justify the expenditure. Also when adding up the costs, don’t forget to include internal costs as IBM has conveniently not specifically included above.

762 thoughts on “Maximizing enterprise resource planning ROI: A guide for mid size companies”

  664. Industry professionals and frequent travelers often find, as if planning the first 24 hours of a trip as part of festival circuits gives the opportunity filmmakers not only protect fragile equipment, as well as successfully improve efficient logistics plan against the backdrop of changing industry standards.
    More info; http://gendou.com/forum/thread.php?thr=59672

Leave a Reply

Your email address will not be published. Required fields are marked *

Name