ERP Software Cost Information
Cost information for ERP packages is not included in the SoftSelect ERP comparison database. This is because any published information on enterprise software cost is guaranteed to be absolutely inaccurate for informed buyers.
The amounts paid to access ERP programs, either subscription or perpetual licenses, vary greatly based on what the buyer needs and their knowledge on how to buy access to ERP software. An informed buyer can arrange initial and ongoing ERP access costs for about half what the average buyer pays, with considerably better terms and much more buyer control over time.
Cloud-based ERP Costs: Cloud-based ERP offerings typically have the following attributes:
- Monthly subscription payment instead of a large payment up front for perpetual software licenses.
- The ERP program is hosted by a service provider.
- Users access the application through a web browser.
Upfront costs on these Cloud ERP are lower, but if ERP perpetual licenses are purchased correctly the break-even point can be as soon as 5 years—and then the cloud-based offering will be more expensive. Also, sellers of ERP programs that have updated technical architecture can effectively replicate the attributes listed above and therefore compete in the Cloud ERP market.
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Negotiating ERP costs is complicated and the ERP software vendors take advantage of the buyer’s lack of experience. SoftSelect’s experience and influence helped us level the playing field. We clearly saved money and lowered our long term risk.
SoftSelect was a great partner throughout the process of choosing an ERP solution. They helped us control the terms throughout the ERP buying process, and we achieved impressive results in reduced ERP license fees. Having an experienced partner like SoftSelect, helped us negotiate for the products we need and set our expectations for the process of implementing these solutions.
Long term ERP license costs were initially very difficult to calculate. Working with SoftSelect we were able to insist on a predicable ERP license fee approach and achieve much lower initial and ongoing license fee costs.