Puget Sound, Seattle, WA

  • 1.  ERP System Annual Budget

    Posted 11-16-2023 14:18

    Hi Everyone, 

    I currently work for a specialty construction company that designs and installs playground equipment. We have grown quite a bit over the last 5 years and are looking to implement a new ERP system. We are currently using QuickBooks Desktop and have more than outgrown it. What I'm curious to hear from all of you is how much I should consider spending annually on this new system. I am just looking for the annual system and maintenance cost, excluding the time, money, and effort it will take to implement it.  For context, we are a $40M company and are looking to continue growing pretty rapidly over the next 5-10 years. Said differently, for companies of a similar size and industry, how much do you spend each year on your ERP system? Other thoughts or suggestions are welcome. I want to make sure we implement a robust enough system to handle our needs (we've already hired someone to help with the needs-wants analysis). I'm really just trying to get an understanding of what other organizations are spending to give me a benchmark to start with as we continue discussing our options. 

    Thanks so much. 

    Susannah



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    Susannah Easterly
    Senior Director, Finance and Accounting
    Northwest Playground Equipment, Inc.
    Issaquah WA
    (425) 507-2011
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