Looking for a template to help justify the purchase of ERP?

Hi Teri,

Finding a standard template to answer your question isn't going to be easy as most companies have their own formats for evaluating investment cases.

Have you been able to quantify the benefits of your ERP investment? If not then I'd suggest you look at processes which can be done more efficiently e.g. reduction in time to do the financial month end. You can then take the time saved over the course of a year and apply the rates of the people involved to give you a dollar saving.

Can you improve the order taking process to take advantage of upselling/cross selling opportunities thereby increasing revenues? Can you better manage working capital (inventory, debtors, and creditors) to improve cash flow?

Once you're able to associate some dollars with these benefits performing a basic ROI or payback will be relatively straightforward.

Hope this is of some assistance to you