The dreaded ERP contract renewal is one of the most daunting tasks a business can face post-ERP implementation. If vital steps are taken upfront during initial contract negotiations, it can ease the weight on executives' shoulders come renewal, but what should businesses ask for? What do these terms mean? And what if great terms were not originally negotiated? These problems plague many businesses unfamiliar with the complex nature of ERP contracts. On this episode of The ERP Advisor, Shawn Windle breaks down ERP contracts, enabling businesses to get the best deal on their ERP software solutions and manage the overall ERP contract renewal process.
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