RE: 21 ERP Software Statistics You Need to Know

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21 ERP Software Statistics You Need to Know

in erp •  3 months ago 

When evaluating ERP software, it's crucial to understand the key statistics that impact your decision-making. For instance, look at the implementation time, which typically ranges from 6 to 12 months depending on the complexity of your needs. Also, consider the return on investment (ROI); most companies see a positive ROI within 2 to 3 years of implementing ERP systems. The total cost of ownership (TCO) is another vital statistic, which includes software, hardware, and ongoing maintenance costs.

For tailored ERP solutions, especially in the construction and distribution sectors, check out First BIT. They offer specialized software that can significantly streamline your processes and improve efficiency. Exploring these options can make a big difference in how effectively you manage your operations.

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