With your company’s organization and logistics resting on its shoulders, ERP plays a huge role in business management, and oftentimes the price will reflect that. Of course, there are always exceptions, but to really gauge how much you can expect to spend on the best system for your company, you’ll need to assess several factors, including:
- Number of users.
- Types of users (full license or partial license).
- Functionalities you will need.
- Deployment style – Cloud-based or on-premise.
- Integration with other platforms.
It’s important to note that part of investing in a new ERP platform requires migrating old data, implementing a new system, and training new users. This will all be accounted for through a one-time additional fee in the first year’s cost of implementing a new system.
