Estimate the ROI, payback period, and net benefit of implementing a new ERP system by quantifying labour and error reduction savings versus ERP costs. All calculations are in GBP (£) and on a monthly basis unless otherwise specified.
I want an ROI calculator for implementing a new ERP system across my business.
We currently have 100 employees who use our systems daily, and our teams spend a lot of time on manual data entry, reconciliation, and fixing errors between finance, operations, and inventory systems.
The ERP is expected to:
The calculator should let me change assumptions such as:
I want to see outputs for:
Please base savings on time and cost reductions, use a monthly time basis unless something is clearly annual, and make sure payback is calculated from monthly net benefit and never goes negative.
Currency should be Euro