What is an ERP system?
8 out of 10 companies are currently implementing an ERP. Understand what is and why you need an enterprise resource planning software.
An ERP system is a type of software that “allows an organization to manage business and automate many office functions related to technology, services and human resources”. 8 out of 10 companies are currently implementing an ERP.
If your company isn’t, you want to take on yourself the task of selecting an ERP and a software provider. You want to make sure your company is keeping up with the competition.
Do I really need an ERP?
Keeping up with competitors is a strong argument for buying an ERP. But it is not the only argument.
We collected statistics that will help you understand why having an integrated software for managing business processes is better than not having one.
15 stats from the ERP trade
7 out of 10 companies currently using an ERP system recorded improvements in their day-to-day operations.
Having information readily available, being able to rely on the retrieved data for making business decisions and being more productive were the most often listed benefits of running an ERP.
7 out of 10 companies had 3 or more full-time employees involved in the implementation process.
6 out of 10 companies also recruited external help to implement an ERP.
Consultants offered support during all steps of the implementation process: from sharing technical and business expertise to planning and managing the ERP implementation.
There are over 100 ERP available on the market, including open-source and proprietary software.
5 out of 10 companies preferred to buy an on-premises ERP.
2 out of 10 companies choose to buy a cloud-based ERP.
Costs and concerns about information security were deciding factors in the choice of technology.
Companies running a cloud ERP spent on average $4,234 per user.
Companies running an on-premise ERP invested on average $7,285 per user.
Implementation projects for 51 or more ERP users lasted on average 10,5 months.
Implementation projects for 10 to 50 ERP users lasted on average 7 months.
Smaller projects for up to 3 ERP users lasted less than 4 months.
4 out of 10 companies currently using an ERP recovered the costs of implementing the software within 2 years.