What Is ERP ROI?

Definition: ERP ROI (Return on Investment) measures the financial return gained from implementing an Enterprise Resource Planning system, calculated by comparing the cost savings and revenue improvements against the total implementation and licensing costs.

ERP ROI Explained

ERP ROI typically includes: reduced manual labor hours, fewer data entry errors, lower inventory carrying costs, faster order-to-cash cycles, and improved decision-making from real-time data. Most companies see positive ROI within 11-18 months. Key metrics include: time savings per department, error rate reduction, inventory accuracy improvement, and customer satisfaction scores.

Related Terms

ERP Integration Odoo Implementation

Related Integrations

Shopify Odoo Integration

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