ERP Software License versus Cloud ERP SaaS Subscription ─ Pros and Cons
Your software is an asset. Software vendors such as Oracle and SAP are pressing customers to replace existing enterprise applications in order to move to the vendor’s new platform. Yet, most companies have invested millions in their current ERP systems such as Financials, Supply Chain, Distribution, Manufacturing, Human Capital Management, or Customer Experience to name a few, that provide a strong foundation for digital transformation or innovation. In many situations, if you have perpetual licenses, you shouldn’t swap them out for anything new.
A paid-for software license can have enormous value
A company’s software licenses are assets. In most cases, the software has been customized to fit the business. After evolving and maturing over decades, it now fits like a glove. For many, the investment is likely in the millions of dollars after adding add up the licenses, implementation costs,
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