Implementing a CTRM system takes time, even if you choose a SaaS deployment. On average, ERP solutions take from six months to two years to implement. The exact length of time depends on the amount of customization required, size of the company, complexity of the system, and the ease of integrations. Data migration can also create challenges and take time.
The majority of CTRM implementations take six to 12 months from kick off to a live system in full operation.
If you replace your CTRM system every five years, you will begin research for a new CTRM solution three years after you implement your existing system. Every decade, your team will spend six years researching, implementing, and learning new CTRM systems. That is not the most effective or efficient way to run your business.
Read this white paper to review the complete timeline for replacing a CTRM system every five years.
When you choose your next CTRM system, plan for a more stable future. Choose a CTRM system that can grow with you, so you don’t need to replace it every five years. Choose a solution with a faster implementation, faster ROI, and longer life, so you can enjoy the benefits of your CTRM system without the pressure to constantly plan for the next one.