The Curse of ERP

Enterprise Resource Planning (ERP) has been widely adopted since the 90s, but many companies have faced bitter results. Customising incomplete software and integrating ill-fitting modules has led to year-long and costly implementations that have resulted in complexity and uncertainty for organisations. The consequences of a failed software rollout can be severe, including shareholder lawsuits and financial meltdowns. Unfortunately, things have not improved much. The 2023 ERP Report by Panorama Consulting highlights that the median project cost for organisations has been $625,000, and the timeline has been 15.5 months, depending on the number of modules and the amount of customisation. Almost half of the projects exceeded the budget and timeline. Fortunately, LOVIS EOS is the first zero-code Enterprise Operating System Platform on the Cloud that fully adapts to each company’s needs, providing an entirely different approach.

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