Getting funding for a new ERP system is simple in theory: you just have to convince your decision-makers that your project’s benefits will exceed the costs. The tough part is to account for hidden costs on one side of the ledger, and indirect benefits on the other.
How can you perform an ROI analysis that presents your executives with a complete, airtight case for ERP? Find out in “Return on Investment (ROI) Analysis for ERP Replacement.”
“The idea behind cost/benefit analysis may be quite simple and straightforward, but the reality is more complicated. Many costs are clear and apparent – just look at the vendor quotes and project budget – but there may be ‘hidden’ costs that are easily overlooked.”