How Much Does It Cost To Develop an ERP
It is hard to argue that there are no two enterprises with identical business processes. Off-the-shelf ERP solutions not always fit everyone because of the lack of flexibility, customization options, high cost of the implementation, maintenance and licenses.
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Thus enterprises often go for something proprietary and start the custom ERP development and implementation. We have already touched the subject of whether custom ERP development worth the time and money investments and the process of building an ERP from scratch. Here we will answer the question of how much does it cost to develop custom ERP system.
List of The Contents
- Stages of an ERP development
- ERP modules
- Development timeline
- Example of an ERP development cost estimation
- Average ERP development cost
- In Conclusion
STAGES OF AN ERP DEVELOPMENT PROJECT
Whether to automate enterprise processes, to stay more competitive, to be more efficient, to improve productivity or for other reasons, companies are building the ERP that fits their core business. Custom ERP development goes through different stages that are connected to each other. These stages include:
- Discovery, design, and planning: at this stage, we identify key-people who have a thorough knowledge of the business or the business unit in which they are involved. They are going to define the needs and goals of the ERP. Given that they have a thorough knowledge of the business process, they will help specify the ERP system to be built and provide an up to date information. They can identify processes that are very little automated and thus need to be or could be improved. At this stage, it is essential to understand how business processes are related to one another.
- Development: the previous phase has helped define the needs, and during the development phase, the development team will build the ERP. IT architects analyze the connection between every module identified and design an appropriate architecture. During the development process, the ERP is materialized. Old data are converted to fit the format required in the ERP, the information and data needed in the new ERP are defined as well. From information got during the discovery stage, we will be able to know where are the sources of information.
- Testing: Following ERP development, it is essential to test the system before it goes live. Databases are checked for accuracy and correctness; documentation is updated if necessary during the test phase. If the tests are conclusive, users are trained in the system. To reduce the cost of training, we can train a few users on the system, and once they understand the system, they will be able to assist and train the end users.
- Deployment and ongoing support: If the system is tested and training on the system was given, the ERP can be exploited in the production environment.
In this article, we are going to estimate how much does an ERP system cost. The stages concerned with this is estimation are: design, development, and test. To better understand the estimation process, let’s see what does an ERP consist of.
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Read the full article about Cost of the Custom ERP development here.
Want to know how much your ERP development project might cost and how long will it take to complete? Contact Existek via the form at our website or talk with the specialist at the website chat to get a professional estimation. Existek is an offshore software development company experienced in business process automation and custom business intelligence software development. We can help you to complete your project starting with the blueprint and requirements analysis of the fully-functional software that makes your everyday operations better.
Read the full article about Cost of the Custom ERP development here.
Existek is a custom software development company helping our customers to solve their business challenges with best in its class software. Contact us to get an instant and free expert consultation about your project.
