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7 Simple Steps for Estimating the Cost of an ERP Project

It’s no secret that organisations find it tricky to budget for IT projects. Between integrations, licences, data migration and non-core functionality, where are you supposed to begin. 

The good news is that determining the cost of an ERP project doesn’t have to be difficult. While it’s best to speak with your vendor for an accurate pricing estimate, you can work out a ballpark figure by following the seven simple steps below.

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Find out the software list price

Find out the software list price

Discuss your training requirements

Discuss your training requirements

Work out how many licences you need

Work out how many licences you need

Identify your data conversion and migration needs

Identify your data conversion and migration needs

Consider non-core functionality

Consider non-core functionality

List customisation and software reconfiguration requirements

List customisation and software reconfiguration requirements

Determine your internal capacity

Determine your internal capacity

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