The value of an ERP system truly shows through when you attempt to do without it. Businesses which need one commonly experience these problems:

  • They have trouble keeping up with their orders
  • Their sales and financial forecasts are based more on guesswork than intel.
  • Their IT system is far too complex and time consuming which means even simple tasks take much longer than they should.
  • Accounting is taking longer and becoming more difficult as the organisation grows.
  • Customer satisfaction is suffering as a result.

If any of these problems sound familiar there is a good chance your business needs an ERP system.

They help your accounting team to see all their relevant information in one place and make more effective business decisions.

man looks at graphs and charts on tablet computer

How much does an ERP System Cost?

Buying an ERP System will inevitably be relatively expensive. These costs depend on the size of your

team and the technology you intend to use. However, the software itself is normally only a small

fraction of the cost. It will also come through HR, new infrastructure and database management.

Here’s a rough guide to what you might expect to pay

  • Small business: £8,000 to £100,000
  • Medium sized business: £100,000 to £750,000
  • Large Business: £750,000 to £1,000,000 and above
  • Software Costs
  • Infrastructure Costs
  • Database Management Costs
  • Human Resources Costs

How we can help

At IQ Finance, we’ve been helping businesses manage their IT costs for more than 15 years. We can provide financing solutions which help with everything from IT costs to project management. Our friendly and expert team offers a uniquely personal service and flexible financing options which help your business to thrive.

Looking to fund your new ERP software project? Talk to us about how we can help to manage the costs, from initial set up to aftercare and support.

Get your instant quote today or call us on 0800 412 5562

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