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Estimating the total cost of an ERP software requires careful assessment of an array of variables which may vary from company to company. In this blog, we talk about factors that are responsible for estimating the cost of ERP software.
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TECHNOLOGY ERP SOFTWARE DEVELOPMENT COST Presented by Consagous Technologies LLC
COVERED TODAY A Brief Outline Introduction to ERP Importance of ERP streamlined Processes Better Tracing & Control Advanced Customer Service Factors Affecting the Cost of ERP Software Average ERP Software Development Cost Consagous Technologies LLC | 2019
INTRODUCTION TO ERP Where We Are Today “Global ERP software market is expected to grow from USD 32.44 billion in 2017 to USD 49.03 billion by 2023, at a compound annual growth rate (CAGR) of 7.45% during the forecast period”. Consagous Technologies LLC | 2019
ERP MOBILITY ERP Mobility Applications To create the Enterprise Mobility Applications product, you should follow some important steps. Determine your needs Build a plan for your ERP system Discuss how your ERP system should be built Storage of your ERP software Prepare an estimation cost Consagous Technologies LLC | 2019
WHERE DO WE GO NEXT? Why is ERP Important to Enterprises?
Important of ERP to Enterprises Streamlined Processes Better Tracing and Control Advanced Customer Service Modern ERP systems are designed to streamline all the data together. ERP systems offer an easy approach to track your products. investment in custom app development are bring out changes to their customer service domain offerings. Consagous Technologies LLC | 2019
Factors Affecting the Cost of ERP Software There are various factors that directly impact on ERP software development cost. Consagous Technologies LLC | 2019
Number of Users and Applications The cost of ERP systems is estimated on the basis of a number of users who will be working on it and the level of access they require. Software Add-ins The cost of an ERP system varies on the basis of how many 3rd party add-ins like Enterprise IMs tool, social media logins, scanning barcode, etc. Consagous Technologies LLC | 2019
ERP IMPLEMENTATION STAGES Find a Team Plan and Document System Deployment Configure ERP Software Evaluate and Support Consagous Technologies LLC | 2019
Find A Team You will be needing a team of specialist in ERP implementation including. Project Managers Analysts QA Engineer Consultants Consagous Technologies LLC | 2019
The plan for implementing the system should include: Designing of Plan Integration Steps – Data migration, schedule, launch activity, analysis, staff migration, and evaluation. Upgrade Infrastructure in advance. Be prepare for facing the upcoming challenges and disruptions Consagous Technologies LLC | 2019
Configure the ERP System Analyze the gap between existing and supporting system Migrate the data from the existing system to the new system Document the whole functional and the technical information Test the system Finish the necessary upgrades Consagous Technologies LLC | 2019
System Deployment THE THE GO LIVE DECISION WILL HAVE TO BE MADE BY THE MANAGEME NT SUPPORT TEAM WILL HAVE TO BE PREPARED TO ANSWER QUERIES THE SYSTEM WILL HAVE TO BE TESTED STAFF TRAINING Consagous Technologies LLC | 2019
Maintenance Once the ERP system is made live in the business, maintenance starts. The timeframe looks like – LARGE BUSINESSES MEDIUM BUSINESSES SMALL BUSINESSES 6 MONTHS TO 1 YEAR 3 TO 6 MONTHS 1 TO 3 MONTHS Consagous Technologies LLC | 2019
300,000 Average ERP Software Development Cost 200,000 BY PRICE 100,000 The mentioned cost of ERP system development is not fixed. It may be vary based on various other factors, including features, tech stack, and hourly price of the hired App Developers. 0 Interconnection (API's) Deployment & Training Development Data Migration Testing (QA) Consagous Technologies LLC | 2019
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Additional Reading TECH ADVANCES IN TECHNOLOGY INNOVATIONS AND INVENTIONS FUTURE TODAY www.consagous.com www.consagous.com www.consagous.com
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