Harsha Sarjapur had the privilege to share my thoughts on the ERP justification why business owners need to have an integrated ERP system for small, medium or large enterprise companies. Along with other authors SelectHub put together this great article on their website.

Key Takeaways

• A successful ERP justification presentation contains recognition of the current business environment, documentation of challenges, clear end-goals, estimation of implementation costs and a potential ROI prediction.
• ERP implementation costs anywhere from $10,000 to more than $10 million.
• For every dollar spent on ERP, companies receive an average ROI of $7.23.
• The average time it takes for companies to start seeing benefits from an ERP system is about 14 months.

Table of Contents

• What Are The Key Components of ERP Justification?
• Why Is Justifying ERP Necessary?
• What Kind of Investment Does Deploying ERP Entail?
• How Can You Ensure Successful Implementation?
• What Are Some Benefits of ERP?
• Conclusion