The Benefits of Choosing the Right ERP Financial Application in Order to Lower Erp costs Related to Maintenance, Operability, Compatibility, Customization Potential/ Additional Features of Social Media Which Can Lower Erp Cost for Small Companies With Limited Investment Capital 

ERP Financial Application

The Benefits of Choosing the Right ERP Financial Application(Part I)

It is clear that the use of such highly sophisticated and flexible accounting and financial software by a company – such as Epicor’s Financial Suite and Enterprise On- Demand Finance and Accounting Solution, will yield higher profit returns for the buyer in the long run, and lower the overall erp cost as related to maintenance, operability, compatibility with the standard industry support platforms, any potential customized revisions which may be needed, including the necessary technical training, the related consultancy fees (especially if the buyer employed the services of external consultant in the initial stages of ERP implementation to learn about all the numerous applications in their software of choice, including resorting to groups of experts proficient in all the multiple aspects of Internet technology as well as those of enterprise resource planning systems), along with many other issues which may increase the price of the annual fees that are charged by vendors of traditional ERP as well as providers of SaaS erp solutions (services which in the end obviously increase erp cost for the buyer in the long run)- in order to aid a customer in the implementation and deployment of ERP software solutions.

Another innovative strategy for lowering erp cost for buyers, is the use of technical training documentation and instructional videos provided by ERP software vendors through the various popular social media networking sites (Facebook, Youtube, Twitter, LinkedIn), including other blog sites and online industry discussion forums hosted by a vendor’s website - or by community sites for private professionals with wide and far reaching expertise in the Information technology, Internet and ERP software industry sectors.

SAP, one of the top Giants in the global ERP market has already begun using – just recently in the past year - Youtube to upload instructional videos for customers regarding Neil software products or services, technical training in specific issues and for the specific single or multiple applications off their ERP software to a products/solutions. Since these kinds of online media outlets are free to use and to peruse by any internet user, regardless of whether they are subscribers or simply visitors to the specific site, their obvious advantage lies in the fact that a customer can do away with the expensive services of consultant firms or individual Internet technology/Erp system experts -- thereby minimizing their erp cost in connection to the process of technical assistance (normally required for any buyer in their initial stages of ERP implementation, particularly in the case of a company with little technical knowledge and technical expertise or Internet proficiency - as may be the case for manufacturers of physical consumer products which are not technological in nature).

It should also be noted that Youtube, perhaps more than any other media channel or outlet, provides instructional videos for just about any field of industrial activity. Consequently, it should be regarded as being one of the most innovative and efficient tools in the industry for promoting and selling a product, and also for lowering the erp cost for potential buyers.

Written by :

tracey boxer