For cloud computing, the price is generally a monthly or annual subscription, with or without additional charges for support, upgrades or training. Pricing is based on the service contract with your ERP vendor and is considered an operational expense that the company will continue to pay.
As for on-premise ERP, this is a considerable investment, as it generally involves the purchase of a single perpetual license. The price, therefore, depends on the size of your organization and the number of concurrent users.
The advantage of a local system is that you own your ERP software, and once you’ve paid for it, you don’t have to pay any monthly or annual fees. However, you will have significant upfront costs and must pay for technical support, training and upgrades. You may outsource these services or recruit human resources dedicated to your local ERP system.
Local solutions are generally more expensive initially but tend to converge with the subscription system after a few years.
To get an estimate for an Epicor ERP implementation, feel free to use our Epicor pricing guide. We offer different pricing options depending on the size of your organization and your needs.