Discussion:
Value-Added ERP Pirate's Pizza is a large pizza chain that operates 700 franchises in 15 states. The company is currently contemplating implementing a new ERP system, which is expected to cost $7 million and take 18 months to implement. Once the system is completed, it is expected to generate $12 million a year in decreased costs and increased revenues. You are working in the finance department for the company and your boss has asked you to compile a report detailing the different financial metrics you can use to assess the business value of the new ERP system. Once your report is completed, the company will make a decision about purchasing the ERP system.