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Conducting a
Cost-Benefit Analysis
for ERP

Conducting a Cost - Benefit Analysis for ERP

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Before implementing ERP across their organization, business leaders need to establish an economic case for investment. It is important to weigh up the costs - in terms of both capital and operational expenditure - and then compare this to the expected return on investment (ROI)

Where the projected ROI exceeds the total cost of ownership (TCO), resource planning should have a positive impact on profitability, making investment in ERP processes and systems easy to justify. However, it is important for budget holders to consider a full range of potential costs and benefits - based on their own characteristics and ERP needs - before committing to a particular course of action.

 

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This data may be used by the sponsor to provide you with information within the scope of this white paper. Any information you submit by this form will only be used for the purposes indicated. You can trust Advantage Business Media not to rent, sell, exchange, or give your information to any third party without permission.

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