The overall cost of an ERP system will, of course, depend on which system you choose. Pricing is subjective and takes many different factors into consideration. To justify the expense of an ERP investment, you should examine, not just the base cost of the ERP software itself, but also the system’s return on investment (ROI).
The most obvious system and implementation costs include:
Hardware expenses (for private Cloud ERP solutions).
Software licensing costs.
Per user fees.
Initial implementation, data conversion, and training costs.
Customization needs.