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    Kevin Sterling
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    ERP systems aim to improve processes, increase efficiency, satisfy users, and deliver effective goods and services through standardized policies, procedures, and transparent operations. Choosing an ERP requires considering total life cycle costs beyond just the initial acquisition, as maintenance and eventual replacement can account for significant expenses over 10-15 years. Accurate cost tracking and project management are essential to avoid losses from erroneous estimates.

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    ERP

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    ERP systems aim to improve processes, increase efficiency, satisfy users, and deliver effective goods and services through standardized policies, procedures, and transparent operations. Choosing an ERP requires considering total life cycle costs beyond just the initial acquisition, as maintenance and eventual replacement can account for significant expenses over 10-15 years. Accurate cost tracking and project management are essential to avoid losses from erroneous estimates.

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    4 views4 pages

    Decision Time

    Uploaded by

    Kevin Sterling
    ERP systems aim to improve processes, increase efficiency, satisfy users, and deliver effective goods and services through standardized policies, procedures, and transparent operations. Choosing an ERP requires considering total life cycle costs beyond just the initial acquisition, as maintenance and eventual replacement can account for significant expenses over 10-15 years. Accurate cost tracking and project management are essential to avoid losses from erroneous estimates.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 4

    ERP

    Decision Time
    WHY ERP?

    The ultimate goals of ERP is


    process improvement, efficiency
    of operations, user satisfaction
    and effectiveness of goods and
    services
    Life Cycle Benefits
    • Standardized
    Policies
    • Cost savings (man-
    hours)
    • Standard Polices
    and Procedures
    • Transparent
    Operation

    You can no longer afford the luxury of approximating costs or tracking projects by simply using Excel
    spreadsheets. While budget estimates or erroneous delivery dates can result in significant changes in the
    costs, they could even make you lose business opportunities or increase billing cycles.  As a worst case
    scenario, it is like financing your customers. (Source: Gartner Research)
    Life Cycle
    Emphasis must be placed on the life cycle
    cost and not just the acquisition phase
    • Acquire / Implement (Purchase plus 4 years
    depreciation)
    • Maintain (1 -15 Years)
    • Replace (10 - 15 Years)

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