ERP Project Justification: Return on Investment (ROI) • White Paper
Learn How To Perform an ROI Analysis of Your ERP Investment
ROI analysis identifies the expected direct and indirect costs of a project compared to the benefits over some reasonable lifetime. Most companies complete a capital expense justification (return on investment or ROI analysis) before committing to a new ERP system.
While there is no “generic” ROI analysis, your solution provider or consultant can help you with cost estimates and suggest benefits and returns as experienced by other customers. It is important to complete the ROI calculation for a reasonable lifecycle of the system – at least 5 to 7 years – and include all identifiable ongoing costs as well as one-time purchase and implementation costs.
This white paper contains the 6 costs, benefits, and opportunities you should to consider when calculating ROI, including:
- 5 Purchase and Implementation Costs
- 4 Ongoing Costs
- 4 Potential Benefits
- 4 Areas of Cost Savings and Avoidance
- 2 Potential Opportunities to Increase Revenue
- 3 Indirect Benefits (that you don’t want to forget)
Don’t miss this opportunity to learn more, download the white paper today.
Need More Information about Acumatica?
Acumatica is the only secure, cloud- and browser-based Enterprise Resource Planning (ERP) solution that adapts to the needs of small and mid-sized businesses (SMBs). Acumatica is a comprehensive solution, with vast capabilities in its Financial Management, Distribution Management, Customer Management, and Project Accounting suites, and is highly configurable and extensible.
Need More Information about Cloud ERP?
Are you in the process of educating yourself about cloud ERP? Or are you still making up your mind about which ERP to choose?
Learn exactly what Cloud ERP means and identify if a cloud solution is a good fit to empower your people, take control of your business, and play to your strengths.
Research ERP solutions, discover and evaluate potential solutions, and identify the software that can improve your businesses’ efficiency and reduce costs.
Find the resources you need to evaluate your ERP options whether you’re upgrading your current system or selecting a new one, so you make the right decision for your business.