Source: Accenture, 2019
Source: https://learn.g2.com//erp-statistics
Source: Mentorsunlocked
The most common reasons for ERP implementation budget overruns:
Initial project scope was expanded
Organizational issues w/new solution (lack of familiarity)
Project staffing was underestimated
Data issues (new solution requirements)
Consulting fees underestimated (training & knowledge)
Additional technology needed
Source: Panorama Consulting Group, 2020