Enterprise 2.0

Buying ERP In An Economic Downturn

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Executive Summary

Statistics show that the period just beyond a recession is the most aggressive growth phase. Companies who strategize during the slow times to build their business and prepare for an economic turn-around will be better aligned for growth post-recession. The right ERP system can help companies not only survive the recession period, but come back faster and stronger than their competitors. Companies have discussed it in the finance committee, the boardroom, and elsewhere that spending needs to be cut! Cut, cut, cut! It's the only way to survive in today's recession. Unfortunately, these companies have been consumed with the "Recession obsession" that is plaguing the country's media.

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