To
stay more competitive and efficient in the market, enterprises are using mobility enterprise solutions that fit their core business.
“Global ERP software market is
expected to grow from USD 32.44 billion in 2017 to USD 49.03 billion by 2023,
at a compound annual growth rate (CAGR) of 7.45% during the forecast period”.
But
they all have one gloomy outlook as their features cannot be universal. Each
type of business has its own ideology and identity and it’s impossible to match
one ERP solution for all business niches. Therefore it’s better to have
personal ERP software. To create the Enterprise Mobility Applications product,
you should follow some important steps. Let’s proceed to them.
1. Determine your needs
2. Build a plan for your ERP system
3. Discuss how your ERP system should be built
4. Storage of your ERP software
5. Prepare an estimation cost
The
benefits of Enterprise Mobility Management are lots more than simply automating
day to day business processes. Let’s check some of those benefits that make it
beneficial to invest in ERP mobility application
development for
both startups and established the businesses.
1. Streamlined Processes
The
modern ERP systems are designed to streamline all the data together, which
ultimately improves the everyday bottlenecks in the business process.
When your processes get streamlined, you can solve a business’s
complexity easily and helps you to eliminate the tasks which are repetitive in
the product cycle and then automate it.
2. Better Tracing and Control
ERP
systems offer an easy approach to track your products. With this system,
enterprises can oversee how their services and products are moving in the
pipeline. There are various ERP mobile application development
companies which
offer tools that can track order, revenue, inventory, and raw material
management.
3. Advanced Customer Service
Today
companies are investing in custom application development to bring out changes
to their customer service domain offering. They improve the company’s relation
with both vendors and customers. It also strengthens customer engagement by
nurturing them with more curated offers and solutions.
Factors Affecting the Cost of ERP Software
Development
There are various factors that
directly impact on ERP software development cost.
Number of Users and Applications
The
cost of ERP systems is estimated on the basis of a number of users who will be
working on it and the level of access they require. Most efficient ERP systems
offerings have 30-40 applications. An ERP system should have all the features
that you need and whenever you need it for your business.
Software Add-ins
The
cost of an ERP system also varies on the basis of how many third-party add-ins
like Enterprise IMs tool, social media logins, scanning barcode, etc. you have
included in your system.
Implementation Cost
The
implementation of an ERP system in a business is the one factor that greatly
affects the cost of the system. The ERP implementation process includes:
Hire Mobile Application Development Company / Hire Mobile App Developer
You
will be needing a team of specialist in ERP implementation including.
·
Project Managers
·
Analysts
·
QA Engineer
·
Consultants
Designing of Plan
Create
a clear plan of the implementation of the ERP system so that the manager would
be able to foresee the weak link and reveal the core business processes.
The
plan for implementing the system should include:
·
Integration Steps – Data migration,
schedule, launch activity, analysis, staff migration, and evaluation.
·
Upgrade Infrastructure in advance.
·
Be prepare for facing the upcoming challenges and disruptions
Configure the ERP System
The
whole configuration process includes:
·
Analyze the gap between existing and
supporting system
·
Migrate the data from the existing
system to the new system
·
Test the system
·
Document the whole functional and the
technical information
·
Finish the necessary upgrades
System Deployment
The
system deployment steps include:
·
Staff Training
·
The support team will have to be
prepared to answer queries
·
The system will have to be tested
·
The Go Live decision will have to be
made by the management.
Maintenance
Once
the ERP system is made live in the business, maintenance starts. This whole
implementation process takes different time according to the different business
sizes. Usually, this is what the timeframe looks like –
Small
Businesses – 1 to 3 Months
Medium
Businesses – 3 to 6 Months
Large
Businesses – 6 Months to 1 Year
Training
ERP
system training to your team also takes a fair amount of share.
Customization
Building
a customized ERP system that exactly matches the existing business model requires
some amount of programming from your in-house development or hired the best ERP
software development company.
Upgradation
You
have to upgrade your ERP system whenever the new version of the ERP solution
announced. Each up-gradation requires some amount.
Support
You
will need a support team to solve and provide support for your ERP system as
maybe you will come across a number of issues in the future. This will come
with a cost.
Technology Additions
Addition
of emerging technologies like Enterprise Blockchain, Artificial Intelligence,
IoT and others will increase the estimated cost.
Resource Requirement
The
resources required to handle your entire ERP development, deployment, and
implementation also adds on to the cost of the Enterprise Resource Planning
system.
Average ERP Software Development Cost Table
The
above-mentioned cost of ERP system development is not fixed. The cost of enterprise mobility applications may
vary based on various other factors, including features, tech stack, and hourly
price of the hired App Developers.
At Consagous
Technologies, we calculated the cost of the ERP system
based on the number of hours, the value comes down to nearly $3,40,000 USD.
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