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The Real Cost of Implementing an ERP

The Real Cost of Implementing an ERP

When looking at the cost of an ERP implementation, there is no real estimate figure that your company can view. Due to the complexity, and time spent developing the right system, it means that the Implementation cost varies greatly depending on your business size, industry, country, etc.

Estimation Ranges

Small Businesses $10,000 – $100,000+

Medium-Sized Businesses $100,000 – $500,000+

Enterprises $1 Million – $10+ Million 

Due to the range of costs, it is hard to exactly determine your estimate without discussing it with a Microsoft Dynamics Consultant. The Majority of these costs encompasses both the internal & external Human Resources.

If we look at breaking down the costs to better understanding where the money is spent, the three main aspects include the number of users, the industry of your organisation, & the number of business locations.

  1. Users – According to Software Paths ERP Report, the average cost of the user in an ERP implementation is around $7200, while not all employees need to be users in the implementation, around 1/3 of staff will use the company’s ERP Software.

  2. Industry – Depending on whether your organisation specialising in service, you may find it difficult to find the right solution for you. For Manufacturing, Distribution & Transport, etc, there are specifically tailored solutions for these businesses, which may help to reduce cost, with no need for heavy customisation or third-party add-ons which can become costly.
  3. Locations – If your organisation is operating out of multiple factories or offices in multiple locations, there will be increased costing, ensure that the vendor you choose helps to provide the information above to ensure you know the costing of a potential ERP Implementation.

The total cost of your ERP will be heavily dependent on the above, but there are still multiple factors you will have to consider when implementing Microsoft Dynamics 365

we also recommend using our ERP ROI calculator to see how much you’ll be saving by implementing an ERP.

Including.

Customisations
Third-Party Add-ons
Integration
Data Migration
Additional Features & Module

Upgrades
Licenses
Testing 
On-Going Support

Understanding business needs is a key step in the process of implementing an ERP. It is very difficult to determine an accurate scope of your project without an in-depth understanding. 

Contact our Microsoft Dynamics Consultants Today.

Microsoft Dynamics 365 Payroll is Now Available in Australia

Microsoft Dynamics 365 Payroll is Now Available in Australia 

 

With our latest partnership with Dynamics HR & Payroll, we are proud to announce that we are now offering a fully integrated payroll and HR Add-on for Microsoft Dynamics 365 for Finance & Operations and other D365 Solutions.

Microsoft Dynamics Add-on, built and designed for Australian Businesses by Microsoft Dynamics HR Payroll Specialists. These solutions are highly functional and compliant with the Australian Payroll legislations. DHRP’s solution integrates with all Microsoft Dynamics 365 Modules.

By automating payroll processing, timesheet & rostering, leave management and many more payroll processes. We can help ensure that you save time and money by providing your organisation with intelligent Payroll & Human Resource Solutions.

 

Main Features Included In Dynamics 365 Payroll Module for Australian Businesses.

 

Payroll Features  Human Resource Features

 

More and more businesses are starting to understand the benefits of utilizing an all in one single business solution. With Microsoft Dynamics 365 with the integration of Payroll & HR, there is no need to outsource applications to deal with certain aspects when you have a highly integrated system. By improving business efficiency, reducing operational costs and reducing risks, you can get back to focusing on the more important aspects of your business.

Payroll is a critical element for companies and their HR department, with an advanced and intelligent d365 payroll system your business processes start to become simplified with automated processes. By automating benefits, compensation, incentives, and appraisal outcomes, and providing your employees with an easy to use self-service portals. you create an environment that improves employee retention through improved morale,  and motivation. 

 

Single Touch Payroll Business Integration

 

How the new Single Touch Payroll (STP) legislation will affect your business?

 

 

Does your current software offer single touch payroll?

 

Payroll has gone through a significant legislative change in 2018. From the 1st of July 2018,  Employers with twenty or more employees are reporting to the ATO through single touch payroll unless granted a deferral. 

You might be wondering what Single Touch Payroll is?

It is really quite simple. STP or single touch payroll is a new reporting method of sending employee payroll information to the ATO. Information such as salaries, wages, PAYG withholdings and superannuation will be reported directly to the ATO in the standard pay run, instead of at the end of the financial year. Giving the employee easy access to up to date payment information

STP will save businesses valuable time around the end of the year without having to process all those employees, it’s already done making it much easier. By the start of the financial year in 2019, all organisations will need to report through STP as it will become a mandatory requirement for all businesses. This will be a gradual transition and the ATO are providing flexible options for the first few months.

If you are struggling with business solutions, do not worry, as we can provide your business with a solution to ensure you will be in compliance with the ATO while providing software to utilise STP and provide Australian Payroll on D365. When looking at whether your current software is able to integrate your payroll and other business processes. You cannot look past Microsoft Dynamics 365 for Finance & Operations. 

 

At DFSM Consulting, we will help to find the perfect Microsoft Dynamics solution for your business, regardless of size or industry. Contact Us Today.

 

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