Looking at implementing a new ERP system and was wondering how much budget would be required / types of systems anyone has implemented / timeframes etc?
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NetSuite is highly reliable, and depending on the size of the organization, it can be very cost-effective. The pricing structure is flexible, allowing it to scale with the needs of the business, which can make it more affordable compared to other solutions. Additionally, it is easy to set up and customize with the support of their team. Based on my experience, transitioning from Salesforce to NetSuite was a smooth process, and the overall cost and efficiency gains made it a worthwhile investment.
NetSuite effectively addresses several key pain points in financial management, budgeting, and ERP by offering a fully integrated suite that streamlines operations and provides real-time insights.
NetSuite implementation cost will depend on the complexity of the deployment and how much customization or integration you need. Some rough estimates:<br><br>Small Business: For a basic implementation (core modules only), the implementation cost could range from $25,000 to $50,000.<br><br>Mid-Sized Businesses: For mid-sized companies with moderate customization or integrations, the cost could range between $50,000 to $150,000.<br><br>Large Enterprises: Large enterprises with complex requirements (customized modules, multiple integrations, advanced reporting, etc.) can see implementation costs of $150,000 to $500,000 or more.
I agree with Patrick's comment. It is very much dependent of the size and complexity of your organisation plus the number of modules you plan to implement. The cheapest I have implemented cost c£12m for MS Dynamics in a £1bn predominantly UK organisation while the most expensive was SAP in an American global business 20 years ago at £140m. There turnover was c$4.5bn.
Very driven by the size of your organization, what you are moving from, appetite to change to "standard" software vs. customization, and how strong your IT organization is to do more of the work vs. third parties... can you share more?
I have implemented SAP in the past and I am in the process of implementing Workday currently. The budget will vary greatly based on the size of your organization and what modules you purchase. The cost of implementation will also vary based on your organizations internal skill set, knowledge base, and bandwidth. In my experience, any sizable ERP implementation will take 18-36 months.