{"id":5398,"date":"2025-07-28T09:21:14","date_gmt":"2025-07-28T09:21:14","guid":{"rendered":"https:\/\/www.balkanservices.com\/blog\/?p=5398"},"modified":"2025-09-16T14:22:21","modified_gmt":"2025-09-16T14:22:21","slug":"how-to-calculate-the-return-on-investment-in-an-erp-system-part-two","status":"publish","type":"post","link":"https:\/\/www.balkanservices.com\/blog\/en\/how-to-calculate-the-return-on-investment-in-an-erp-system-part-two\/","title":{"rendered":"How to calculate the return on investment in an ERP software? (part 2)"},"content":{"rendered":"\n<h1 class=\"wp-block-heading\"><strong><strong>How to calculate the return on investment in an ERP software? (part 2)<\/strong><\/strong><\/h1>\n\n\n\n<p>There is <strong>no universal way to maximise the return on investment <\/strong>(ROI) in an ERP software, as every business has specific goals and resources with which it works.<\/p>\n\n\n\n<p>There are also industry-specific considerations \u2013 a service business does not face the same supply chain issues as a manufacturing company, for example.<\/p>\n\n\n\n<p>However, the following <strong>five tips<\/strong> can help you get more value out of your software, whether you have chosen a locally based or cloud-based <a href=\"https:\/\/www.balkanservices.com\/eng\/business-software\/category\/erp\" target=\"_blank\" rel=\"noreferrer noopener\">ERP solution<\/a>.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-77736ee\" data-block-id=\"77736ee\"><style>.stk-77736ee {height:30px !important;}<\/style><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">1. Prioritise training<\/h2>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-6d8a288\" data-block-id=\"6d8a288\"><style>.stk-6d8a288 {height:30px !important;}<\/style><\/div>\n\n\n\n<p>The only way to ensure that a new <a href=\"https:\/\/www.balkanservices.com\/eng\/business-software\/category\/erp\" target=\"_blank\" rel=\"noreferrer noopener\">ERP<\/a> software delivers a return on investment is for <strong>employees to fully embrace the new way of working and utilise the software to its full potential.<\/strong><\/p>\n\n\n\n<p>Employee training will increase the initial cost of implementing ERP software. This will <strong>initially reduce the return on investment<\/strong>, but these initial investments pay off quickly, and then begin to deliver long-term returns that turn the ratio positive.<\/p>\n\n\n\n<p>Employees who are not trained and encouraged to use the new ERP system will continue to rely on spreadsheets and manual processes, significantly reducing the impact of this substantial software investment.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-2fabc88\" data-block-id=\"2fabc88\"><style>.stk-2fabc88 {height:30px !important;}<\/style><\/div>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><a href=\"https:\/\/www.balkanservices.com\/blog\/en\/erp-systems-and-euro-how-do-you-prepare-them\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more: ERP systems and EURO \u2013 how do you prepare them? (UPDATED)<br><\/a><a href=\"https:\/\/www.balkanservices.com\/blog\/erp-sistemite-i-evroto-kak-da-se-podgotvite\/\" target=\"_blank\" rel=\"noreferrer noopener\"><br><\/a><\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-db1286c\" data-block-id=\"db1286c\"><style>.stk-db1286c {height:30px !important;}<\/style><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">2. Management support<\/h2>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-55aa8bc\" data-block-id=\"55aa8bc\"><style>.stk-55aa8bc {height:30px !important;}<\/style><\/div>\n\n\n\n<p>The implementation of an ERP software depends on the company&#8217;s vision and the commitment of senior management to utilising the new solution. It is essential that every executive, department head, and manager in the company supports the use of the latest ERP software and understands<strong> its crucial role in driving business growth and success.<\/strong><\/p>\n\n\n\n<p>This is the key to transformation and to engaging employees in the process.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-2f1cfe1\" data-block-id=\"2f1cfe1\"><style>.stk-2f1cfe1 {height:30px !important;}<\/style><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">3. Never stop evaluating<\/h2>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-f69b61a\" data-block-id=\"f69b61a\"><style>.stk-f69b61a {height:30px !important;}<\/style><\/div>\n\n\n\n<p>Another key to maximising your return on investment in ERP is to<strong> evaluate and refine your approach continuously<\/strong>. It is a good idea for business leaders to review the revenue and costs of the software implementation at least once a year, comparing them with their baseline metrics and considering new ways to reduce costs and extract value from the software and the data it provides.<\/p>\n\n\n\n<p>The <a href=\"https:\/\/www.balkanservices.com\/eng\/business-software\/netsuite\" target=\"_blank\" rel=\"noreferrer noopener\">NetSuite cloud ERP<\/a> software enables businesses to establish key performance indicators (KPIs) at both individual and company-wide levels, and closely monitor them to ensure continuous improvement. This is crucial to enable the company to continue working towards its specific goals, in addition to broader cost and time reductions.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-3d6806a\" data-block-id=\"3d6806a\"><style>.stk-3d6806a {height:30px !important;}<\/style><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">4. Be realistic about costs and benefits<\/h2>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-1122268\" data-block-id=\"1122268\"><style>.stk-1122268 {height:30px !important;}<\/style><\/div>\n\n\n\n<p>It is well known that estimating the cost of implementing new technology can be challenging, especially for small and medium-sized companies transitioning to a more complex way of working. Many companies turn to their <a href=\"https:\/\/www.balkanservices.com\/eng\/business-software\/category\/erp\" target=\"_blank\" rel=\"noreferrer noopener\">ERP<\/a> supplier or implementation partner for guidance on timelines, costs and effective and efficient employee training.<strong> It is equally important to accurately measure the benefits of the new ERP software to obtain a comprehensive picture of the return on investment<\/strong>, encompassing both tangible and intangible benefits.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-5d0eeba\" data-block-id=\"5d0eeba\"><style>.stk-5d0eeba {height:30px !important;}<\/style><\/div>\n\n\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-9fd8908\" data-block-id=\"9fd8908\"><style>.stk-9fd8908 {height:30px !important;}<\/style><\/div>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">5. Avoid common pitfalls<\/h2>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-24559e3\" data-block-id=\"24559e3\"><style>.stk-24559e3 {height:30px !important;}<\/style><\/div>\n\n\n\n<p>Several common pitfalls prevent companies from realising the full potential of their ERP software. The most common pitfall is treating ERP implementation as a traditional technology deployment, with one-off initial costs and a short payback period. In reality, most successful ERP software implementations are realised in stages over time, with the return on investment calculated at each phase.<\/p>\n\n\n\n<p>It is also essential to know <strong>when to stop measuring the return on investment<\/strong>, especially with cloud-based ERP systems. In the case of a capital expenditure, such as a machine with an expected useful life of 10 years, it is straightforward to calculate its value and return for each year, and this calculation can be discontinued once the machine is taken out of service. In the case of cloud software, however, there is rarely a defined lifetime, especially considering that upgrades and updates are performed automatically. At some point, the ERP software becomes an integral part of the business&#8217;s standard operating procedure, and ROI is no longer a primary measure.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-6a2bc08\" data-block-id=\"6a2bc08\"><style>.stk-6a2bc08 {height:30px !important;}<\/style><\/div>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><a href=\"https:\/\/www.balkanservices.com\/blog\/en\/adopting-and-introducing-the-euro-how-did-croatia-do-it-interview\/\" target=\"_blank\" rel=\"noreferrer noopener\"><a href=\"https:\/\/www.balkanservices.com\/blog\/en\/adopting-and-introducing-the-euro-how-did-croatia-do-it-interview\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read more: Adopting and introducing the euro \u2013 how did Croatia do it? (interview)<\/a><\/a><\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-51c59f8\" data-block-id=\"51c59f8\"><style>.stk-51c59f8 {height:30px !important;}<\/style><\/div>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><a href=\"https:\/\/www.balkanservices.com\/blog\/kakvo-tryabva-da-znaete-za-erp-sistemite\/\" target=\"_blank\" rel=\"noreferrer noopener\"><br><\/a><\/p>\n\n\n\n<div class=\"wp-block-stackable-icon-box stk-block-icon-box stk-block stk-ef6ef1c\" data-v=\"2\" data-block-id=\"ef6ef1c\"><div class=\"stk-block-content stk-inner-blocks stk-block-icon-box__content stk-container stk-ef6ef1c-container stk--no-background stk--no-padding\">\n<div class=\"wp-block-stackable-icon-label stk-block-icon-label stk-block stk-7d5bcb9\" data-block-id=\"7d5bcb9\"><style>.stk-7d5bcb9 {margin-bottom:0px !important;}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content\">\n<div class=\"wp-block-stackable-icon stk-block-icon has-text-align-left stk-block stk-b170a33\" data-block-id=\"b170a33\"><style>.stk-b170a33 .stk--svg-wrapper .stk--inner-svg svg:last-child{opacity:0.7 !important;}.stk-b170a33 .stk--svg-wrapper .stk--inner-svg svg:last-child, .stk-b170a33 .stk--svg-wrapper .stk--inner-svg svg:last-child :is(g, path, rect, polygon, ellipse){fill:var(--theme-palette-color-1, #F6891F) !important;}<\/style><span class=\"stk--svg-wrapper\"><div class=\"stk--inner-svg\"><svg style=\"height:0;width:0\"><defs><linearGradient id=\"linear-gradient-b170a33\" x1=\"0\" x2=\"100%\" y1=\"0\" y2=\"0\"><stop offset=\"0%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-b-170-a-33-color-1)\"><\/stop><stop offset=\"100%\" style=\"stop-opacity:1;stop-color:var(--linear-gradient-b-170-a-33-color-2)\"><\/stop><\/linearGradient><\/defs><\/svg><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 384 512\" aria-hidden=\"true\" width=\"32\" height=\"32\"><path d=\"M297.2 248.9C311.6 228.3 320 203.2 320 176c0-70.7-57.3-128-128-128S64 105.3 64 176c0 27.2 8.4 52.3 22.8 72.9c3.7 5.3 8.1 11.3 12.8 17.7l0 0c12.9 17.7 28.3 38.9 39.8 59.8c10.4 19 15.7 38.8 18.3 57.5H109c-2.2-12-5.9-23.7-11.8-34.5c-9.9-18-22.2-34.9-34.5-51.8l0 0 0 0c-5.2-7.1-10.4-14.2-15.4-21.4C27.6 247.9 16 213.3 16 176C16 78.8 94.8 0 192 0s176 78.8 176 176c0 37.3-11.6 71.9-31.4 100.3c-5 7.2-10.2 14.3-15.4 21.4l0 0 0 0c-12.3 16.8-24.6 33.7-34.5 51.8c-5.9 10.8-9.6 22.5-11.8 34.5H226.4c2.6-18.7 7.9-38.6 18.3-57.5c11.5-20.9 26.9-42.1 39.8-59.8l0 0 0 0 0 0c4.7-6.4 9-12.4 12.7-17.7zM192 128c-26.5 0-48 21.5-48 48c0 8.8-7.2 16-16 16s-16-7.2-16-16c0-44.2 35.8-80 80-80c8.8 0 16 7.2 16 16s-7.2 16-16 16zm0 384c-44.2 0-80-35.8-80-80V416H272v16c0 44.2-35.8 80-80 80z\"><\/path><\/svg><\/div><\/span><\/div>\n\n\n\n<div class=\"wp-block-stackable-heading stk-block-heading stk-block-heading--v2 stk-block stk-983a1b6\" id=\"it-is-crucial-to-be-self-critical-and-rigorous-when-defining-metrics-and-calculating-roi-not-all-companies-have-the-capacity-or-expertise-to-calculate-metrics-such-as-internal-rate-of-return-or-break-even-point-which-is-understandable-given-that-they-are-focused-on-their-core-strategy-and-growth\" data-block-id=\"983a1b6\"><h4 class=\"stk-block-heading__text\">It is crucial to be self-critical and rigorous when defining metrics and calculating ROI. Not all companies have the capacity or expertise to calculate metrics such as internal rate of return or break-even point, which is understandable given that they are focused on their core strategy and growth.<\/h4><\/div>\n<\/div><\/div>\n<\/div><\/div>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-815bc0e\" data-block-id=\"815bc0e\"><style>.stk-815bc0e {height:30px !important;}<\/style><\/div>\n\n\n\n<p>A sensible approach is to start by defining and aligning business requirements with departmental goals, such as eliminating silos or integrating processes to achieve a more cohesive organisation. <strong>To this end, NetSuite offers its customers business needs assessment maps and total value of investment assessment maps to help them with this task and bring clarity to their ROI calculations<\/strong>.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-d0587ae\" data-block-id=\"d0587ae\"><style>.stk-d0587ae {height:30px !important;}<\/style><\/div>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><a href=\"https:\/\/www.balkanservices.com\/blog\/en\/how-erp-software-is-revolutionising-pig-farming-at-boni-holding\/\" target=\"_blank\" rel=\"noreferrer noopener\"><a href=\"https:\/\/www.balkanservices.com\/blog\/en\/how-erp-software-is-revolutionising-pig-farming-at-boni-holding\/\">Read more: How ERP software is revolutionising pig farming at Boni Holding<\/a><\/a><\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-0c4bbcf\" data-block-id=\"0c4bbcf\"><style>.stk-0c4bbcf {height:30px !important;}<\/style><\/div>\n\n\n\n<p class=\"has-text-align-center has-medium-font-size\"><br><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\"><strong><strong>Conclusion<\/strong><\/strong><\/h2>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-4d30b7c\" data-block-id=\"4d30b7c\"><style>.stk-4d30b7c {height:30px !important;}<\/style><\/div>\n\n\n\n<p>ERP software are large and complex, affecting every part of the business, from finance to customer service.<\/p>\n\n\n\n<p>It is challenging enough to analyse the impact of ERP on all these operations, and even more challenging to calculate the return on investment in different business lines that manifest themselves in various forms and at different points in the ERP lifecycle.<\/p>\n\n\n\n<p>But <strong>a successfully implemented ERP software can provide your business with unprecedented insight into its performance, opening up new opportunities to increase revenue while reducing costs and saving valuable time<\/strong>. This is where the actual return on investment comes into play, and this is where the tips outlined above can ensure maximum return.<\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-129aca5\" data-block-id=\"129aca5\"><style>.stk-129aca5 {height:30px !important;}<\/style><\/div>\n\n\n<div data-block=\"hook:3908\" class=\"alignfull\" data-block-structure=\"custom\"><div class=\"ct-container-full\" data-content=\"normal\"><article id=\"post-3908\" class=\"post-3908\"><div class=\"entry-content is-layout-constrained\">\n<div class=\"wp-block-media-text alignfull has-media-on-the-right is-stacked-on-mobile is-vertically-aligned-center is-image-fill is-style-default has-palette-color-8-color has-palette-color-4-background-color has-text-color has-background has-link-color wp-elements-326cc7970ec94e154d90381fd2939023\" style=\"margin-top:var(--wp--preset--spacing--50);margin-bottom:var(--wp--preset--spacing--50);margin-left:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0;grid-template-columns:auto 37%\"><div class=\"wp-block-media-text__content\">\n<h2 class=\"wp-block-heading has-white-color has-text-color\" style=\"margin-top:var(--wp--preset--spacing--40);margin-right:0;margin-bottom:0;margin-left:0\">Looking for business software?<\/h2>\n\n\n\n<p class=\"has-palette-color-8-color has-text-color\" style=\"margin-top:var(--wp--preset--spacing--20);margin-bottom:var(--wp--preset--spacing--20);font-size:clamp(14px, 0.875rem + ((1vw - 3.2px) * 0.234), 17px);line-height:1.5\">Our team is here to listen carefully and offer the right solution for you.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-stackable-button-group stk-block-button-group stk-block stk-088e0d7\" data-block-id=\"088e0d7\"><style>.stk-088e0d7{margin-bottom:30px !important;position:relative !important}@media screen and (max-width:999px){.stk-088e0d7{margin-bottom:36px !important}}<\/style><div class=\"stk-row stk-inner-blocks stk-block-content stk-button-group\">\n<div class=\"wp-block-stackable-button stk-block-button is-style-ghost stk-block stk-cb9bee0\" data-block-id=\"cb9bee0\"><style>.stk-cb9bee0{top:23px !important}.stk-cb9bee0 .stk-button{padding-right:33px !important;padding-left:33px !important;background:var(--theme-palette-color-1,#F6891F) !important}.stk-cb9bee0 .stk-button:hover:after{background:transparent !important;opacity:1 !important}:where(.stk-hover-parent:hover,.stk-hover-parent.stk--is-hovered) .stk-cb9bee0 .stk-button:after{background:transparent !important;opacity:1 !important}.stk-cb9bee0 .stk-button:before{border-style:solid !important;border-color:var(--theme-palette-color-8,#ffffff) !important;border-top-width:0px !important;border-right-width:0px !important;border-bottom-width:0px !important;border-left-width:0px !important}.stk-cb9bee0 .stk-button__inner-text{color:var(--theme-palette-color-8,#ffffff) !important}<\/style><a class=\"stk-link stk-button stk--hover-effect-lift\" href=\"https:\/\/www.balkanservices.com\/eng\/contact\" target=\"_blank\" rel=\"noreferrer noopener\"><span class=\"has-text-color stk-button__inner-text\">Schedule a free consultation &gt;<\/span><\/a><\/div>\n<\/div><\/div>\n<\/div><figure class=\"wp-block-media-text__media\" style=\"background-image:url(https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-1024x638.jpg);background-position:50% 50%\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"638\" src=\"https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-1024x638.jpg\" alt=\"\" class=\"wp-image-3887 size-full\" srcset=\"https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-1024x638.jpg 1024w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-300x187.jpg 300w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-768x478.jpg 768w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-1536x957.jpg 1536w, https:\/\/www.balkanservices.com\/blog\/wp-content\/uploads\/2024\/01\/BOO2528-2048x1276.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<p><\/p>\n<\/div><\/article><\/div><\/div>\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-23d9c59\" data-block-id=\"23d9c59\"><style>.stk-23d9c59 {height:30px !important;}<\/style><\/div>\n\n\n\n<p>This is why many companies choose cloud ERP. Without the need to manage IT infrastructure or change resources, companies can gain transparency into their operations, extend their core management platform, and get a clear picture of the return they hope to achieve from the implementation.<\/p>\n\n\n\n<p><em><a href=\"https:\/\/www.balkanservices.com\/novini\/balkan-services-uchastva-v-machtech-innotech-expo-i-industrial-tech-forum-2024\" target=\"_blank\" rel=\"noreferrer noopener\">See the first part of the article, where we look at ways to calculate the return on investment in ERP.<\/a><\/em><\/p>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-0429638\" data-block-id=\"0429638\"><style>.stk-0429638 {height:30px !important;}<\/style><\/div>\n\n\n\n<p><em><em>Source<\/em>: <a href=\"https:\/\/www.netsuite.com\/portal\/resource\/articles\/accounting\/roi-of-erp.shtml\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">The ROI of ERP Systems<\/a><\/em><br><\/p>\n\n\n\n<div class=\"wp-block-stackable-divider stk-block-divider stk-block stk-1f68391\" data-block-id=\"1f68391\"><hr class=\"stk-block-divider__hr\"\/><\/div>\n\n\n\n<div class=\"wp-block-stackable-spacer stk-block-spacer stk--no-padding stk-block stk-4148ce8\" data-block-id=\"4148ce8\"><style>.stk-4148ce8 {height:30px !important;}<\/style><\/div>\n\n\n\n<p>At Balkan Services, <strong>we have expert knowledge of business, technology and legislation and speak all three languages<\/strong>. We will listen carefully and advise you on choosing the right business software for your needs<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/www.balkanservices.com\/eng\/contact\" target=\"_blank\" rel=\"noreferrer noopener\">Contact us &gt;<\/a><\/div>\n<\/div>\n\n\n\n<p>Balkan Services has implemented business software solutions since 2006 and has completed over 750 projects for over 400 clients. We follow a proven implementation methodology with clear steps and best practice know-how.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How to calculate the return on investment in an ERP software? (part 2) There is no universal way to maximise the return on investment (ROI) in an ERP software, as every business has specific goals and resources with which it works. There are also industry-specific considerations \u2013 a service business does not face the same [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":5423,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[237],"tags":[],"class_list":["post-5398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-erp-en"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Return on investment (ROI) of an ERP software - Balkan Services<\/title>\n<meta name=\"description\" content=\"Is there a universal way to maximise return on investment (ROI) in an Enterprise Resource Planning (ERP) software? 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