I would like to share some ideas about ROI – Return On Investment on implementation of ERP .
One of the main reason for the ERP implementation is the need for general & standard IT platforms . Some other reasons are ; improvement of the process , reduction of operating cost , effective time management , effective data evaluation efficient performance etc , .ERP implementation will definitely affect your business in an immense way . Some impacts of ERP implementation can be easily measure but definitely not all of them , but ROI analysis is a useful starting point .
Estimating the ROI before the ERP implementation will help us to reduce overall cost . Is that the only reason ??? Definitely “ NO ” there are a number of reasons to determine ROI ,