Forrester Research has an interesting study predicting that up to 25% of companies might be in the market for either upgrading or completely changing their accounting system.
What’s interesting about this news post is there’s no clear direction that companies are headed. The decision between a SaaS (software as a service) offering which is hosted off-site and an on-site offering is, according to this article, largely made on a company by company basis.
From The Computerworld Post:
An ERP boomlet, born of necessityFor the past decade, ERP has been the poster child for IT projects that overpromise and underdeliver. It was notorious for painfully complex rollouts that took years to implement, required massive customization, and were often only partially realized. Billions of dollars were spent just trying to get ERP systems to work as advertised.
Now ERP is back — and not just for big enterprises looking to refresh legacy systems. According to surveys by Forrester Research, roughly one out of four SMBs and enterprises plans to either upgrade their existing ERP solutions or implement a new one over the next 12 months.
Many of these are small to midsize companies that have been getting by for years with QuickBooks or Peachtree but now need to take managing their businesses to the next level, says Forrester Research analyst China Martens.