Implementing ERP Software as a Joint Venture
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Implementation of erp in india is extremely expensive and has been out of the reach for many companies. However, it is possible for companies to undertake ERP software implementation as a joint venture and in this way share the costs involved.When companies implement ERP software as a joint venture, they are able to spread their costs and also reduce the extent of loss should the system fail. Companies in the same industry could implement ERP in this way but there has been reluctance to use joint ventures as competing firms fear losing business secrets to the competition.