The Cost of Implementing an ERP System | SMC

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ERP Order of Magnitude

Implementing enterprise software solutions is a significant undertaking with a high level of investment of both internal and external resources.

These projects require careful planning and execution to ensure success. Executives and Boards often need a total cost of ownership investment figure (+/- 50% accuracy) at the start of an enterprise software project, or wider digital transformation, before approving funds to proceed to the next phase.

SMC can provide a guide to the investment required for all the costs for analysing the business, determining an optimised future state, defining requirements, selecting the best technology solutions and partners, planning and preparing the organisation for the journey ahead, implementation and on-going support.

You will benefit from a quality estimate based on our extensive market research, analysis of all associated costs and time cost, and benefit benchmark data relevant to your business. This comprehensive analysis will help you determine the project budget and timing along with an indication of internal resources required by phase.

Key Benefits:

 

  • Quality estimate based on our extensive market research, selection and implementation experience, and your specific scope, user numbers, complexity, etc.
  • A comprehensive 5 Year Total Cost of Ownership (TCO) Model that analyses all costs associated with the preparation phases, implementation phase and when operational, so nothing is missed. It includes the investment in external consulting, subscription fees, vendor/partner implementation and support services, as well all internal resourcing costs (e.g. back-fill) and all other associated expenses.
  • A time, cost and benefit benchmark data for enterprise software investments, by company size, to show the ranges other organisations, like yours, have experienced.

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