The ROI on your ERP - don't (just) show me the money

How to estimate the ROI on your ERP investment: A guide for Australian businesses 

The return on investment for your ERP isn't just about dollar gains - it's also about intangible factors that are often overlooked when estimating a budget. 

Evaluating the ROI is a fundamental step to undertake before implementing an ERP system. Business owners, managers, CFOs need the ERP project team to justify the budget they've been allocated. They want to see what the ROI will be. 

We've prepared this guide to help Australian businesses understand the tangible, quantitative aspects of ROI for ERP as well as the often-overlooked factors. 

Download this guide to understand: 

Endeavour AU 3D cover ERP ROI (1)
  • The basics of calculating ROI
  • The main driver of the decision and the potential to be realised after implementation
  • The various aspects of an ERP implementation - the quantifiable, the tangible and the intangible. 
  • Applying your ROI calculations to the real world. 

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"ERPs are deployed for valid reasons - to resolve the pain points - but what is often overlooked is the opportunity to do more than that"

A peek inside this ERP investment guide:

The decision to invest in an ERP is usually to resolve specific pain points but the return on investment (ROI) goes beyond that. Often what's not considered thoroughly enough are the business outcomes that can be achieved on top of resolving the pain or constraint that led them to implement an ERP. 

  • Calculating ROI - The Basics 
    The main components that should be taken into consideration when starting an ERP ROI calculation. 
  • What's driving the decision - and what's the potential?
    The pain-points that require an ERP implementation or upgrade as well as the potential business outcomes that may result from the process. All these are crucial variables that should be taken into account when implementing an ERP for your business.
  • The quantifiable, the tangible and the intangible 
    Determining the gains from implementing an ERP is not always straightforward as some are intangible and can't be quantified. We list out the benefits that will result from an ERP setup - quantifiable and otherwise. 
  • Applying ROI calculations to the real world 
     An ERP streamlines business processes and increases the volume of transactions that can be achieved, with the same number of people. That provides scope for growth within existing resources, such as the number of employees. We have some real-life examples to illustrate this. 

 

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About Endeavour Solutions

At Endeavour Solutions, we have over 25 years’ experience working with businesses throughout Victoria and other states to manage all aspects of an ERP project with our partners. Our mission is to bring the best possible solutions to our clients using the highest level of service. We measure this in client satisfaction levels and longevity of our business relationships.
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