ERP stands for enterprise resource management, and is used by a variety of companies to better handle their needs. When a company first begins looking into the process of ERP implementation, their first question is often in relation to how much the process will cost. The simple answer to the question of how much an ERP implementation will cost, is that it varies greatly. It varies not only on the amount of needs the company has, but the size of the company as well and the age of their computers and other miscellaneous hardware.

Anyone who has asked the question of how much will an ERP implementation cost has found that it is fairly expensive. A smaller company may discover that the process costs at minimum $25,000. This includes not only the software, but the cost of the firm installing the software and bringing the software up to date. For a larger company, they may discover that the answer to how much does an ERP implementation cost is in the million dollar range. This explains why some larger companies choose to have their own IT department install the software, rather than an outside firm. This helps save money if something goes wrong. Rather than paying the firm to return, their own department can find a solution to the problem.