ERP systems are major investments, and are made only after thorough analysis and planning by the enterprises concerned, and intense sales campaigns by the ERP system vendors. In monetary terms, these investment decisions rank alongside the largest capital projects for any business, and the systems adopted will be expected to be used for ten to fifteen years. Senior executives will invest much management time and effort in considering the Return on Investment (ROI) before approving the expenditure. Multinational companies will often deploy systems for 10,000 and more users - hence the costs will often exceed hundreds of millions of pounds every year, and for many years.
Releated Categories: IT Infrastructure, Practices and Business Issues, Return on Investment (ROI), Technology Tools and Methods, Enterprise Management
Releated Categories: Software Asset Management, Business Performance Management (BPM), Enterprise Performance Management (EPM)/Balanced Scorecard, Performance Management, Return on Investment (ROI), Technology Tools and Methods
Today’s stakeholders (customers, investors, etc.) want to put their money into companies that are sustainable. If businesses don’t take an interest in the environment—and their impact on it—it reflects very poorly on their interest in their bottom line. The current economic situation being what it is, companies cannot afford “bad press,” and it’s in their best interest to realign their business strategies to include environmental awareness. Equally (if not more) important is the fact that green initiatives have a high Return on Investment (ROI) and end up paying for themselves through cost savings on resources, energy, carbon taxes, etc.