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ERP Resources for CFO's - Chief Financial Officers

ERP Without Jargon and Jitters !

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Down Arrow Computing ROI (Return on Investments) on ERP ?


Down Arrow Business value needs to be quantified from the capital expenditure incurred on ERP projects.

All ROI calculation approaches and figures where anticipated or actual have to be internally developed.

Background contextual information, assumptions and linkages with all relevant information in the ERP Requirement / IT Strategy Studies / IT Roadmap must be clearly provided to effectively value-add on the same.


Like any other IT Projects, four types of returns are generated as follows: Money, Time , Knowledge and Brand Returns.

The first two are tangible, the next two are Intangible.

Gray Arrow For more on ROI computation, you may refer to the simple 4 step ROI Estimation Process with Visual for Calculations.


Down Arrow Should One depend on ERP Vendors for ROI figures ?


Actual examples of ROI figures pertaining to any ERP implementation, regardless of vendor can be used as good starting benchmarks.





The ERP vendor websites would be a good place to check out for ERP success stories and ROI figures.

All figures (internal or external) must be scrutinized in fine detail for a thorough analysis.

You can take vendor ROI figures as a starting benchmark (to be validated and verified independently) in case the same pertains to similar installations (similar Industry vertical, similar IT Maturity of End-Users, Similar Modules, similar geographies, etc.)



However, every ERP installation is unique and different and needs an independent ROI calculation.



Various ROI Tools and Templates are available and can also be internally developed (.e.g. MS Excel Spreadsheets) to track and measure the same.

ERP Decisions are Foundational and often Irreversible.

The external IT environment itself being quicksand like in terms of rapid technology & business model changes, reasonable caution has to be exercised at all times for IT investments.

Many organizations do multiple independent ROI / IT Project Validation exercises before investing in the same.

If not already done, this could be perhaps explored as a future target activity.

Money can surely be saved here.



Down Arrow Comparing ERP ROI Figures across Organizations and Industries ?


Different businesses (with or without ERP softwares) have different sizes, market dynamics, geographies, challenges, constraints and different IT Maturities.

Return on Investment - ROI figures across businesses in different verticals cannot be compared. It is like comparing Apples to Oranges.


Down Arrow Save Money on ERP.


Down Arrow SAP-Specific


Gray Arrow Missing SAP ROI's ? Square Separator SAP For Free ? Square Separator SAP Project Cost Components.


Gray Arrow ERP - Tips for Procurement !

Gray Arrow India-Specific - Organizations considering ERP can perhaps strive to get better IT value by asking vendors to peg future IT asset unit price commitments in terms of USD rather than Indian Rupees to be able to take advantage of the strengthening Rupee over the next few years.


Down Arrow Weblogs


Gray Arrow Are ERP Consultants delivering enough value to organizations ?

Gray Arrow ERP's Eternally Elusive Returns ?


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Updated on 3rd February 2009
Created on 12th July 2005

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