
2025-08-11
Others
Total Cost of Ownership (TCO) of an ERP System: Hidden Costs You Might Not Know About
The Total Cost of Ownership (TCO) of an ERP system is the full picture of all expenses related to implementing, maintaining, and evolving the system. It’s much more than just the license fee or initial implementation cost — TCO covers the entire lifecycle of the system, often spanning many years. This is where most of the “hidden” costs appear.
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