ERP Pricing

How much does ERP cost? Asking how much ERP costs can easily get confusing. Setting a budget for a new ERP requires furious planning along with a thorough understanding of the desiderata of your business. A report showed that although the average annual budget per user for an ERP project is less than $10K, but typical licenses for businesses can run into hundreds of thousands of dollars. You will need to justify the ERP cost by choosing the right pricing model for your business as well as being meticulous about exactly which features and modules you need and what you expect your ERP to deliver in financial value. Not all modules will benefit all businesses, so make your decision carefully.

• Software licensing fees
• Additional servers and network hardware
• Data conversion and transfer to new ERP
• Customization if necessary
• Testing
• Training
• Vendor/consultancy support
• Post implementation
• Contingency and hidden