White Paper Reveals Tips from 18 ERP Software Experts on How to Estimate the Cost of ERP Software Implementation Services

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A panel of 18 ERP experts reveal how to look beyond the ERP software price and evaluate four costs involved in ERP implementation projects, how to determine a ballpark budget and the truth about guaranteed pricing.

"Understanding all of the costs involved in buying ERP software for the first time can be overwhelming. Our goal is to educate financial software buyers so they can confidently make the right choice," Anya Ciecierski, ERPSoftwareBlog co-founder

ERP Software Blog announces the release of a new white paper aimed at educating midmarket accounting software buyers on the costs of ERP Software Implementations called: "Beyond Software: How to Estimate the Cost of ERP Software Implementation Services". A panel of 18 ERP experts nationwide reveal how to look beyond the software price and evaluate the four costs involved in ERP projects, what you pay for as “implementation services”, how to determine a ballpark budget and the truth about “guaranteed” pricing. Microsoft Dynamics GP is used as the sample but the principles should apply to any mid market erp implementation.

There are many reasons companies begin the search for new accounting/ERP software. Perhaps they have outgrown an entry level package like QuickBooks, or a proprietary system is no longer supported. It could be that the existing software doesn’t integrate with other systems and the company is drowning in double entry. Whatever the reason, the first question a buyer will likely ask when researching options to replace an existing accounting software/ERP system is: “How much will it cost?”

With midmarket accounting software/ERP packages it’s not as easy as finding a price tag on the bottom of a box. There are many variables that impact the final project price. The mistake many companies make when initially trying to estimate the cost of an ERP project is paying attention to only the actual software license costs. However, this white paper outlines four elements that need to be considered in every ERP software budget. One of them is “implementation services”. This term can seem vague, especially if it is a company’s first ERP software project. This white paper includes a definition of the 8 services you are paying for. It also outlines minimum software to services ratios, 8 questions to ask to know when to add more money to the budget and a sample quote. The buyer is also given the pros and cons of the two methods of pricing software implementations: “Time and Materials” versus “Fixed Fee”.

“Understanding all of the costs involved in buying ERP software for the first time can be overwhelming. Our goal is to educate financial software buyers so they can confidently make the right choice for their company.” says Anya Ciecierski, co-founder of ERP Software Blog. “Our white papers use Microsoft Dynamics® GP as the software example, but the principles presented should apply to all midmarket accounting software products.”

To supplement this white paper, ERP Software Blog also released a new Microsoft Dynamics GP Quick Quote request tool. ERP software buyers can enter basic information about the type of functionality they need, the level of erp implementation support required, and the number of concurrent users and they will then receive an automated Microsoft Dynamics GP Quick Quote with pricing.

Of course, the only way to get a complete and accurate quote on the total cost of an ERP project is to work with a local ERP expert, called a partner or a VAR (value added reseller). Readers can find a directory of expert Microsoft Dynamics GP partners on the blog site. But sometimes buyers need a way to estimate the costs in the beginning stages of research to determine if it makes sense to continue the evaluation process. This white paper provides the best first step in the accounting software selection process.

This white paper – How to Estimate the Cost of ERP Software Implementation Services – is the first release in The ERP PANEL PAPERS - a straightforward series of white papers from a nationwide panel of ERP experts focused on educating buyers through the entire process of finding the right ERP solution - from research to implementation. Download at: http://www.erpsoftwareblog.com/free-resources-choosing-erp-software/

About ERP Software Blog:
ERPSoftwareBlog.com (http://www.erpsoftwareblog.com) is a group of experts nationwide dedicated to assisting financial professionals in the ERP/Accounting software selection process. Partner site is http://www.crmsoftwareblog.com

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ANYA CIECIERSKI
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