Can startups and MSMEs afford ERP Software
by Arif Rashid Book Seeker on Live Life Facts
the right ERP software is challenging when multiple vendors come up with their
respective products and prices. Some deals may seem amazingly cheap, but then
you doubt the services, while others are just the right fit for the small
business but costly. Getting an affordable ERP solution is a prime challenge
for Micro, Small, and Medium Enterprises (MSMEs). The good news is- the leading
ERP company, SAP, has introduced ERP for startups and MSMEs. SAP Business One
Starter Package is a product best suited to handle the processes of startups
and small businesses in an affordable range.
Factors influencing ERP costs
is not enough to price up the ERP software by contacting an ERP services
company. You must estimate the Total Cost of Ownership for the chosen ERP
solution. The ERP service cost is influenced by the following five factors:
- Type of deployment: SaaS deployment is
the most intelligent choice for small & micro businesses and
startups. SaaS deployment offers a minimum initial outlay, unlike on-premise
solutions. One of the major advantages of a SaaS solution is that it provides
per-user-based payment. The cost of installation is
- User-based payments: The ERP software
offers their users to expand the user base when needed. The payments are
also managed depending on the number of users handling the software. Startups
can sync their activities with the per-user payment system.
- Features and modules:
ERP services will let you choose the features and modules that are NEEDED.
MSMEs need not worry about the unnecessary payments they need to
make for the functionalities not required. Some of the common solutions
that are included are accounting, customer relationship management (CRM),
business intelligence (BI), etc.
facilities: MSMEs and startups need not spend extra on enterprise apps
and proprietary systems.
They can shortlist the ERP solutions offering pick-and-mix
packages or stick with the program that handles everyday business
- Training costs: ERP training is one of the most
crucial aspects for an MSME when it is switching to ERP
software. Bigger businesses need not worry about the costs needed to train
the user groups. The ERP services company offers training programs to get
off the ERP blocks.
the answer to the principal query is ‘YES.’ Going for an affordable ERP
solution to enhance the business functionalities of your small business would
be a wise step when SAP Business One Starter Package is providing a plethora of
choices to stimulate your dream startup.
Created on Oct 14th 2021 05:05. Viewed 46 times.