Business Automation and Software Blog

R&D Innovation: Is Your ERP Business Software Up to the Task?

Posted by Robert Baran on Wed, Sep 11, 2019 @ 11:00 AM

Perhaps one of the most difficult segments to budget for a business is R&D. This is due in part to the difficulty of tying R&D spending to results. While projects are funded, developed, launched, and sold, it could take years until there is enough data to tie the spending to the results. It’s also rare that only one R&D project is going on, so these costs need to be tracked and appropriately associated between tens to hundreds of simultaneous projects.

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Topics: ERP business software