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Technology Stocks : Cloud, edge and decentralized computing -- Ignore unavailable to you. Want to Upgrade?

To: Doren who wrote (859)	2/14/2012 7:02:58 PM
From: sm1th	2 Recommendations Read Replies (1) \| Respond to of 1685

I can only speculate on Workday, but have experience with Oracle and SAP installations. All ERP packages have a lot of implicit business processes embedded in them. If you are willing to bend your business to their standard practices, implementation is not real expensive. If you need to heavily tailor those packages to your business practices, implementation can run into $100's of millions. The SAAS model tends to be less flexible than on site packages, as the provider has to operate and support the software, and are generally less tolerant of customization. I would expect with Workday, the customizations are much more limited, but if you can live with their standard solutions, it is likely less expensive. In all cases, data and process migration from one solution to another is very expensive. There is tremendous lock-in once a system has been implemented.