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ERP has become much more affordable in recent years, and while many believe ERP to be out of reach for SMBs, Aberdeen research shows a well-managed ERP implementation can be a continuing source of cost savings and operational improvements which help companies grow and thrive. Even small companies have been able to document the business benefits of ERP, not only in terms of quantifiable cost savings and schedule improvements but also in terms of standardizing, streamlining, and accelerating business processes. Those without ERP are faced with limited visibility and all but a mere 8% lack integrated business applications that serve as a complete and auditable system of record. Those companies that have postponed, delayed, or decided against transitioning to ERP often under perform even the worst performers of those with ERP in terms of process, organizational, and knowledge management capabilities.
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