Your ERP project will have to overcome some major obstacles. A properly done ROI analysis builds a business case for the ERP project. In this webinar, we’ll share the most efficient way to calculate the project cost and payback period. We’ll also show you how you can measure process improvements as quantified savings against your investment.
This video’s main focus is on understanding and calculating the Return on Investment (ROI) for ERP implementations, also known as economic justification, which is crucial given that ERP systems represent a significant investment of time, resources, and money for organizations.
TEC helps companies become professional buyers by providing structured methodologies, market data, and expert analysis to ensure they select the best-fit technology, highlighting the importance of due diligence in mitigating risks and achieving desired operational objectives. The discussion also touches upon the different types of benefits (tangible and intangible), the total cost of ownership, and the critical role of organizational reality and user adoption in realizing the potential ROI of an ERP system.
