An ERP Life-Cycle Cost Model

Abstract

Nowadays, the enterprise resource planning (ERP) products and services industry is one of the most promising. Through the usage of ERP systems such as SAP, BAAN, Peoplesoft and Oracle, organizations try to integrate the information flow of the different business areas and, at the same time, improve efficiency and reduce costs. Theoretically, these integrated systems provide large functionality in terms of problem solving associated with data flow when they are integrated with different software systems.