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There are several misconceptions regarding return on investment (ROI) for enterprise resource planning (ERP) calculations. The two most common ones are: (1) that it’s hard to calculate ROI before the implementation of the  ERP and (2) that calculating the ROI after the deployment is relatively easy. These misconceptions arise because decision makers often times use simple ROI calculators, which only provide some numbers that don’t always accurately reflect the reality of the business using the software. Along with functional requirements, a financial analysis is necessary to make a sound business decision for ERP selection projects.

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Nucleus Research is a leading provider of investigative information technology research and advisory services. Its analysts deliver insight and guidance to help clients make the best decisions. Advising both suppliers of technology and the organisations that use technology, Nucleus Research specialises in uncovering information that no one else can provide.

Vendor:

TechTarget ComputerWeekly.com

Posted:

Feb 8, 2021

Published:

Sep 24, 2012

Format:

PDF

Type:

Analyst Report