How long does it take for firms to implement these solutions (e.g. ERP system)?

An ERP consultant, Panorama, specializes in consulting to the SME sector which its defines as companies turning over less than $500 million. Its research in that segment says that:

• Average ERP duration is 19 months

• Implementation cost is $8.5 million

• Represents 9% cost of sales and

• Delivers 39% of potential benefits

http://blogs.zdnet.com/Howlett/?p=595 http://it.toolbox.com/blogs/erp-roi/ten-reasons-to-implement-erp-during-the-economic-downturn-29577 http://www.panorama-consulting.com/PressKit/PCG_Topline_Results_FINAL.pdf