ERP implementation plays important role in economy growth through increasing employment rate and limit climate change. Despite the fact, the ERP implementation can improve the economy in several ways by enhancing overall enterprises’ performance, reduce cost and increase trading opportunities. In this article, we chose to spotlight on two of the most important indirect factors for the ERP implementations that impact the economy positively.
Why ERP implementation plays important role in economy growth
1 – Employment rate
In the recent market analysis, the ERP implementations global market size estimated at approximately 45 billion GBP in 2022, which includes licences and implementation value. ERP implementation require a professional team to carry the implementation and operation from the customer side and ERP vendors side.
Businesses who would link to implement ERP software to form a professional team to carry the implementation and operation tasks, ERP implementation involve several tasks like requirements gathering, basic data preparation, process automation, training and governance, small companies’ ERP implementation require between 3 and 5 people to handle implementation tasks, meanwhile big enterprises require a larger team relatively based on its implementation size.
Considering the size of the market and the increasing demand of businesses on digital transformation and ERP software, as The ERP Implementation requires new roles in the organisation, so businesses needs to work on their hiring plan to cover the required roles, this avail millions of jobs every year, and it definitely leaves positive impact on the economy and unemployment rate.
2 – Environment
As we know, trees are the lungs of the planet and wood which coming from the trees is used in several productions like furniture and printing papers. It is estimated that one average tree trunk can produce 10,000 printing papers, which can be consumed by a small company in almost a year.
Printing papers market size estimate at 45 billion GBP in 2022 and will reach 78 billion GBP by 2032 with growth rate of 5.9% yearly.
Reduce printing papers usage will reduce the need of cutting trees, therefore reduce heats emission and the CO2 and save the environment.
The ERP usage inside the company, and because of its process automation it decreases the requirement for printing, so it saves cost of printing papers, printers ink and will support the environment and convert the company to eco-friendly.