COMPUTER APPLICATIONS
ENTERPRISE RESOURCE PLANNING ERP SOFTWARE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Pricing based on user, modules and add-ons
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Pricing by quote
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Pricing based on feature bundles
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Pricing by deployment
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Detailed explanation-1: -ERP System Pricing Models Depending on the type of deployment, ERP vendors use two pricing models: perpetual licensing and subscription plans. Here’s how they work: Perpetual licensing – Companies that choose to host ERP software using their own servers (on-premise deployment) generally pay a perpetual licensing fee.
Detailed explanation-2: -The bottom line of ERP cost But as a rule of thumb, you can plan on a software and services project that’s between one and two percent of your annual revenue, including training. If your business is on the smaller side ($3, 000, 000 or less), you should expect the percentage to be closer to two percent of annual revenue.
Detailed explanation-3: -Human resources costs The majority of your ERP implementation budget will go to human resources.