Interesting Facts about ERP ROI Statistics by Oracle

Interesting Facts about ERP ROI Statistics by Oracle

  1. ERP implementation led to?business process improvement for 95% of businesses.
  2. In a study of companies implementing ERP, 85% had a projected timeline for ROI. Of that group,?82% achieved ROI in their expected time.
  3. The?top three benefits businesses said they gained from an ERP system?are reduced process time, increased collaboration and a centralized data system.
  4. An average for ROI time?in a group of companies that implemented ERP was just over 2.5 years.
  5. The?top three business goals?cited for implementation are achieving cost savings (46%), better performance metrics (46%) and improved efficiencies in business transactions (40%).
  6. When asked to select?areas where ERP produced ROI, the top three answers were reduced IT costs (40%), reduced inventory levels (38%) and reduced cycle time (35%).
  7. For midsize companies — revenue under $1 billion — the cost of owning an ERP system is approximately?3-5% of annual revenue.
  8. For large companies — revenue over $1 billion — the cost of owning an ERP system is?2-3% of annual revenue.

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