Optimizing enterprise costs is essential for maintaining business profitability. Strategically chosen software enables you to optimize costs without compromising the high quality of products and services. Automation helps improve a company’s image, and reallocate the resources for further growth.
Digital transformation is becoming a prerequisite for success. Staff shortages force business owners to automate routine tasks wherever possible. This frees up employees’ time and energy to focus on business-crucial areas and innovations.
While ERP is mostly associated with enterprises in the manufacturing sector, the system’s versatility extends to service providers and retailers, as well as for the public sector of the economy.
The cost of installing a 1C ERP system
The financial investment for installing a 1C ERP system ranges from several thousand to hundreds of thousands of dollars.
The cost of a project is influenced by many factors:
- Project scale: the larger the enterprise, the more time it will take to install and configure the system.
- Number of users: the number of users impacts the cost of licenses and the servers required. More users demand more resources.
- Level of complexity of integration: the necessity to integrate with other applications or databases may require additional costs.
- The need to develop customized solutions: unique modules and specific functions can further increase the project’s cost.
Ways to optimize enterprise using ERP
Budgeting and finances
Collect data related to money in one place; Get detailed data on every aspect of costs and income (debit, credit, working capital, etc.); Access updated information in real time.
Contractors and suppliers
Increase the transparency of business processes for participants; Balance sales and purchasing needs with the needs and capabilities of partners and suppliers; Give employees more time to negotiate instead of doing routine work; Win the respect of counterparties.
Inventory optimization
Predict the need for certain supplies, preventing the purchase of excess and avoiding shortages; Reduce warehouse space and fees for their maintenance to the required level; Minimize the risk of financial losses due to inventory obsolescence or expiration date.
HR and personnel
Reduce the number of employees and their adaptation time; Rationalize time and workload distribution; Create productive connections between individual employees and departments.
Sales
Use data on seasonal demand to activate orders and prepare capacity to fulfill them; Set the limits on order amounts, debt, etc. which will lead to changes in the terms of cooperation; Increase productivity of communication with clients; Accelerate the order processing, receipt of production or warehouse; Optimize supply chains.
Marketing
Plan promotions and note clients about advantageous offers; Provide discounts based on criteria (client group, order volume, etc.); Receive feedback on the results of completed orders; Understand which products customers need and which are ballast in the assortment; Develop and position products to develop new market segments.
Choosing modules
The 1C ERP system is a comprehensive solution designed to automate and optimize management and accounting in various industries. Each company has its unique requirements. Selecting the right combination of modules is important to maximize the system’s utility and enhance business operations.
For example, the “Production” module will be especially relevant for manufacturing companies, which allows you to manage all stages of production, control costs and plan resources. For trading companies, the “Trade” module will help effectively manage sales and purchases.
Choosing the appropriate modules involves deep understanding of your business’s specific needs and strategic goals.
Our customer’s feedback
Basic steps in system installation
1. Analyzing the company's business processes. Allows us to understand the current situation, identify weak spots and determine the necessary changes to improve performance.
2. Determining technical specifications. Contains all the requirements for the system and defines its functionality and selection of a suitable solution
3. Installing software and setting configuration parameters
4. Testing the performance of the system and training staff to work with it.
5. Launching the system into operation and providing 24|7 support.
Approximate cost of a 1C ERP implementation
The project cots for business of different scale:
Small business
from $1,000-2,000
Medium business
$2,000-10,000
Large business
$10,000 million and above
These figures are indicative and may vary depending on the specific conditions of each project.
License fees
1C ERP licensing cost depends on the number of users and the version of the software you choose. Two primary licensing models include annual subscriptions and perpetual licenses:
- Annual subscriptions provide access to the program for 1 year and include updates and support. Starting at $600 per user annually, this model requires renewal each year to maintain access and benefits.
- Perpetual licenses. A one-time investment allows indefinite use of the software, but you have to purchase updates and support separately. The cost starts from $1,800 per user.
ERP implementation major benefits
Flexible customized module One ERP software provides you the tools to:
- Minimize the time spent on reporting preparation.
- Automate and speed up document flow.
- Reduce the time spent on routine tasks.
- Increase the overall level of labor productivity.
- Optimize the company’s expenses in all areas of activity.
- Increase the investment attractiveness of the enterprise.
Entrust your business to First.Bit
Implementing 1C ERP can be a significant financial investment. However, the cost of the project is influenced by the size of the company, the complexity of business processes and functions required. A thorough analysis of the company’s needs is crucial to choose the optimal set of modules and avoid unnecessary costs. The choice of licensing options also affects the overall project cost.
First.Bit is the leading partner for your ERP journey. We can offer you unmatched expertise and industry best practices with our extensive experience and a proven track record. Our team will guide you through every step, ensuring that you make informed and cost-effective decisions for your business. We commit to your long-term success and operational excellence.
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Unlock the full potential of 1C ERP for your company.
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