Some say it is like buying a house, others say it is like buying a car.
Material costs can be broken down into the following:Ī lot has been written about the purchase of a management system. By material costs we mean any type of economic outlay and by human costs we mean the time that the company's personnel have to dedicate and that is generally taken from other types of activities. The total cost of ownership covers a broader period that includes the entire useful life of the system, including the necessary expenses for its maintenance, upgrading and expansion.īasically, there are two types of costs: human and material. How do you estimate the cost of an ERP?.What are the hidden costs of a management system?.What is the cost of an ERP similar to? - Implementation Cost Example.This article includes answers to some buzzing questions:
What is the cost of an ERP? How much should you invest in an ERP system? If you’re wondering what the answers to these questions are, read on!
