It is important to consider the ERP vendor's overall financial position when selecting an ERP vendor.

Question

Quizplus · Accepted Answer

It is important to consider the ERP vendor's overall financial position when selecting an ERP vendor because this information can give insight into the vendor's stability, capacity for innovation and growth, and ability to provide ongoing support and development for the ERP system. A struggling or financially unstable vendor may be at risk of going out of business or cutting corners on support and product development, which could lead to problems and extra costs for the ERP user.

It Is Important to Consider the ERP Vendor's Overall Financial