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How much do ERP consultants charge?

How much do ERP consultants charge?

ERP Consultant Pricing

Name Price Features
ERP Implementation Services $100-150/hr Certified ERP consultants with more than 20 years of implementation experience

What cost is involved in ERP implementation?

The standard perpetual or purchase of a license renewal fees for an ERP is 10\% to 20\%of the software costs. Therefore, if your ERP costs $1 million, your annual renewal fees will range between $100,000 and $200,000. A typical ERP installation for a mid-sized enterprise will range from $150,000 – $750,000.

What is ERP consultation?

Enterprise resource planning (ERP) consultants are often specialists in a specific line of business, such as finance, or an industry vertical like manufacturing. Generally, consultancy services deal with the selection, implementation, training and support of an ERP solution.

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Why ERP implementation is costly?

The cost of implementing an Enterprise Resource Planning software system greatly depends on the number of people who will be using it. A smaller amount of users means less licensing cost. The amount of training needed and the complexity of business processes also affects the license cost.

What are the hidden costs incurred during ERP implementation?

Hidden Cost of ERP Implementation

  • Labor Costs – Labor is the major part of ERP implementation.
  • Training Cost –
  • Testing, Retesting and testing again –
  • Customization –
  • Customer Dissatisfaction –
  • Re-engineered Processes –
  • Ongoing cost and Maintenance cost –
  • Resistance of Employee for Adopting new ERP –

What is the cost of implementation?

Implementation Costs means the sum of all or part of the actual total costs to install or implement Measures that result in Completed Units.