Why the Boston College Consulting Group should discover if there is a “strategic fit” to implement ERP?
It is critical for companies to determine whether or not their business operations will fit within a standard ERP package prior to acquiring it. One of the most common reasons why companies abandon expensive ERP projects is that they discover that the software does not support one of their significant business processes. At that point, management has two options: change the business process to accommodate the software or modify the software to fit the process. The company will incur high costs in both scenarios. How much does ERP cost? Meta Group recently performed a study focusing on the Total Cost of Ownership (TCO) of ERP, including hardware, software, professional services, and internal staff costs. These TCO numbers include software installation as well as maintaining, upgrading and optimizing the system for the two years after implementation. Among the 63 companies surveyedincluding small, medium and large companies in a range of industriesthe average TCO was $15 million (the hig
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