Plex Systems, Inc. Announces Availability of 'Measuring the ROI of ERP' Report

Best-in-class companies expect ERP to pay for itself within two years, analysts conclude.

AUBURN HILLS, Mich., April 30 -- Plex Systems, Inc., providers of Plex Online software for the manufacturing enterprise, today announced availability of the newly published "Measuring the ROI of ERP: Keeping Projects Alive Just When You Need Them the Most" benchmark report by Aberdeen Group, a Harte-Hanks Company . Plex Systems sponsored the report, which is now available as a free download for a limited time at the Resource Center found at www.plex.com.

Analysts find that with the downturn in today's economy, some companies respond with a knee jerk reaction to stop discretionary spending on ERP projects -- just when ERP's cost-saving potential is needed the most. Given the current economic uncertainty, it's now more critical than ever to keep ERP projects alive.

Using ROI estimates to cost justify projects and measure results, researchers conclude that Best-in-Class companies produce twice the reduction in inventory levels as industry average. With inventory reductions and administrative cost savings, the majority of Best-in-Class companies expect ERP to pay for itself within 2 years.

"A well-managed ERP implementation can be a continuing source of cost savings and operational improvements which help companies survive and thrive in these troubled economic times," said Cindy Jutras, vice president and research fellow, Aberdeen. "By standardizing business processes and providing improved visibility, effective ERP implementation supports organizational goals of revenue and profit growth. While the total cost of ERP ownership is important to monitor and optimize, focus must now expand to include ROI of ERP projects in order to justify continued investment and maximum benefits. "

Adds Mark Symonds, Plex Systems, Inc. CEO, "This timely research confirms the value Plex Online delivers to manufacturers. With the Software as a Service delivery model, implementations are cost-effective, letting companies achieve ROI faster through increased productivity, reduced inventories, reduced scrap and improved lead times. These are vital cost-savings in a down economy."