ERP Project Justification: Return on investment (ROI)
Most companies will complete a capital expense justification (return on investment or ROI analysis) before committing to an ERP system.
However, there are many additional factors to consider when developing a complete ROI statement that are often forgotten. You must justify funding the project but also provide visibility and motivation to all project participants that the project is worthwhile and important to the survival and success of the company.
Use the list provided in this whitepaper as a good starting point for your own ROI calculations.