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We e being quoted prices from under $10,000 to over $250,000. How much should we spend on an ERP System?

ERP prices quoted spend system
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We
e being quoted prices from under $10,000 to over $250,000. How much should we spend on an ERP System?

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Every company should buy the least expensive product that satisfies your requirements. The first place to start is to define your requirements. In many cases we have found that most companies do not have the internal expertise to do this well. At a minimum your prospective software vendors or consultants should assist with you with this process. Selecting new software is costly, time-consuming and complicated. It’s difficult to meet the needs of every department and determine true capabilities versus promise… especially from multiple sales presentations and impressive proposals. Welcome to the world of ERP – and please remember buyer beware and please educate yourself! We would recommend you consider the following: The actual software cost will be a minor portion of the total installed cost. On top of software license cost there is outside consulting and training as well as man years of internal staff time. Focusing solely on software costs may prove to be false economy in the long r

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