7 Hidden Costs of ERP
The last thing you want is for the quote in your hand to be a much lower number than you actually end up spending. Some expenses can be obvious, like hardware, software license fees, maintenance,—while others you didn’t even see coming. Be on your guard against seven hidden costs by reading the Costs guide before you finalize your ROI.
Realistically, you need to remember to plan and budget for unforeseen costs that come from these three broad categories.
- Time: It takes time to plan, implement, understand, and use new solutions. (Time is money, or so it’s said.)
- Training: Existing employees will need to be trained or retrained in system use, development, and documentation.
- Tailoring: As your business changes, so will the way ERP can help streamline your business processes, and customization can require additional time and retraining.
Download the guide now to learn more.