InterviewSolution
| 1. |
Is Erp Too Expensive For Indian Companies? |
|
Answer» It is a loaded question. The cost of ERP software should not be viewed as an expense. It is an investment TOWARDS an ability that provides better profitability, market share or customer service. Of course, the up-front cost of ERP software is very high. Most software PIECES used by the corporations for commercial applications never had price TAGS of CRORES of rupees which ERP software CARRY. ERP decisions are a "high-risk high reward" decision. The view that ERP is expensive only looks at the risk but not the rewards. It is a loaded question. The cost of ERP software should not be viewed as an expense. It is an investment towards an ability that provides better profitability, market share or customer service. Of course, the up-front cost of ERP software is very high. Most software pieces used by the corporations for commercial applications never had price tags of crores of rupees which ERP software carry. ERP decisions are a "high-risk high reward" decision. The view that ERP is expensive only looks at the risk but not the rewards. |
|