by Cindy Jutras
Total Cost of Ownership (TCO) remains a significant factor that influences Enterprise Resource Planning (ERP) strategies and decisions. While “total” costs can and should include a wide range of factors, Aberdeen research benchmarks the cost of software, services, and maintenance on an annual basis. Past research has found these are the cost elements which are most often measured and considered when evaluating software or measuring the Return on Investment (ROI) of ERP implementations. Costs vary significantly as companies grow in size. What can the average small company with revenues under $50 million expect to pay for the business benefits that can be derived from ERP?
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