Before we go into pricing examples, let’s take a look at the bigger picture. You know that implementing a new ERP takes time and money. That it’s not enough to price up the software itself and think that’s the end of your expenditure. To get a true number, you need to evaluate the total cost of ownership (TCO) for your chosen ERP. It’s this figure that you need to budget for and to measure your ROI against.
There are five main factors influencing small business ERP costs:
- Deployment type (on-premise vs SaaS)
- User numbers
- Features and modules needed
- Training costs
Let’s have a closer look at some of these variables.