Today we published Part III of our 2008 ERP Report, which focuses on benchmarks, best practices, and lessons learned from 670 small to mid-size businesses (SMBs) across the globe (click here to read the full study). This portion of the study focuses on organizations with less than 500 employees and $500 million (USD) of revenue.

Summary Findings of the ERP Software Report

  • 30% of SMBs implemented SAP, while 24% selected either Oracle or a Tier II solution. Just over 22% implemented MS Dynamics.
  • SMBs spend an average of $3.1 million to fully implement their ERP solutions
  • Average implementation time is 19 months, compared to 25 months for larger organizations
  • Over 60% of SMBs go over their planned implementation budget by at least 5%
  • SMBs are more likely than large organizations to experience significant cost overruns of 50% or more (6.8% of all implementations vs. just 4.4% for large organizations)
  • SMBs are more likely to implement vanilla or out of the box ERP software than their large counterparts (24.5% of SMBs vs. only 15.2% of large organizations)
  • SMBs require only 20% of the internal and external resources to implement ERP compared to large organizations

These are just a few samples of interesting data from the report.

Posts You May Like:

What is Enterprise Change Management? (Is it Different Than OCM?)

What is Enterprise Change Management? (Is it Different Than OCM?)

What is enterprise change management? In short, it's the process of building an enterprise-wide change management capability. How does your organization currently approach change management? Do you deploy it on a project-by-project basis, or is it an enterprise-wide...

6 Challenges of Implementing an EHR System

6 Challenges of Implementing an EHR System

According to the CDC, nearly 90% of physicians use an electronic health records (EHR) system in their offices. Are you considering implementing one in your practice? An EHR system serves as a digital recordkeeping solution. Physicians and healthcare administrators can...