Altico Advisors Included in New White Paper Released by National Panel of ERP Experts

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Altico Advisors, a Massachusetts-based Microsoft Dynamics GP partner, announces the release of a new white paper called "How to Estimate the Cost of ERP Software Implementation Services". The white paper, which appears on http://www.erpsoftwareblog.com, is focused on educating midmarket accounting software buyers on the costs of ERP software implementations. Altico Advisors was chosen by ERP Software Blog as part of a panel of 18 ERP experts nationwide who contributed knowledge to this project. This white paper reveals how to look beyond the software price and evaluate the four cost areas involved in ERP projects, what you pay for as "implementation services," how to determine a ballpark budget, and the truth about "guaranteed" pricing.

Altico Advisors, a Massachusetts-based Microsoft Dynamics GP partner, announces the release of a new white paper called "How to Estimate the Cost of ERP Software Implementation Services". The white paper, which appears on http://www.erpsoftwareblog.com, is focused on educating midmarket accounting software buyers on the costs of ERP software implementations. Altico Advisors was chosen by ERP Software Blog as part of a panel of 18 ERP experts nationwide who contributed knowledge to this project. This white paper reveals how to look beyond the software price and evaluate the four cost areas involved in ERP projects, what you pay for as "implementation services," how to determine a ballpark budget, and the truth about "guaranteed" pricing.

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 that is no longer supported. It could be that the existing software doesn't integrate with other systems and the company is drowning in double data 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. This guide uses Microsoft Dynamics® GP as the software example, but the principles presented apply to all midmarket accounting software products.

The mistake many companies make when initially trying to estimate the cost of an ERP project is paying attention to the actual software license costs only. 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 may 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, to wit "Time and Materials" versus "Fixed Fee."

"We've offered Webinars on the software selection process every year since we opened our doors," says Mike Kean, President of Altico Advisors. "And it's always one of our most popular offerings. That's because selecting new ERP/accounting software for your business is a critical, often daunting process. We were therefore very pleased to contribute to this new white paper and continue to make practical information and guidance available to anyone venturing down this road."

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 (a technology partner or a Value Added Reseller or VAR) such as Altico Advisors. But sometimes buyers just need a way to estimate the costs in the beginning stages of research to determine if it even makes sense to continue the evaluation process. This white paper offers access to a Quick Quote tool that can be used as the first step in the accounting software selection process.

"Our goal is to give ERP buyers the tools they need to make the right software decision. By combining the expertise of technology partners from across the US, each with decades of experience, we feel the buyer truly gets the most well rounded education," says Anya Ciecierski, co-founder of ERP Software Blog.

Therefore, 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 implementation support services required, and the number of concurrent users. They will then receive pricing via the automated Quick Quote tool. A similar tool can be accessed from the Altico Advisors Web site at http://tinyurl.com/yj8fs7d.

"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 initial research through implementation.

About Altico Advisors
Headquartered in Massachusetts, Altico Advisors implements and supports business, financial, and customer management software solutions for mid-market enterprises, primarily throughout New England. Altico is a Microsoft Gold Certified Partner specializing in Microsoft Dynamics GP (Great Plains), Dynamics CRM, BI (Business Intelligence) and SharePoint systems for manufacturing, distribution, software development and service companies. In addition, Altico provides a wide variety of consulting and advisory services, such as outsourced financial services, business and IT strategy alignment, software selection, and business analytics. http://www.AlticoAdvisors.com

About ERP Software Blog
ERPSoftwareBlog.com is a group of experts nationwide dedicated to assisting financial professionals in the ERP/Accounting software selection process.

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MARCIA DORON
Altico Advisors
508-485-5588 ext. 107
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