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ERP - Buy or Develop?

We have two basic options for ERP implementation.  One is to buy a product and the another is to develop an ERP Software.

1. Buy 

It is most common to buy a Taylor made ERP Software and implement it on a firm. You can select from any of the ready made ERP Software's in the market like 

SAP
Sage
Microsoft Dynamics ERP.
Odoo
NetSuite 

If you want more freedom on your ERP system, then you have to go for the second option.

2. Develop

You need to hire a set of software developers to custom develop your Enterprise Resource Planning system. This method is somehow costly than the first one. But it can satisfy all the requirements of your firm as it is custom made according to the company's requirements.

Alternatively you can buy ERP softwares like Odoo ERP and hire developers for odoo customization. Firms like Confianz Global provide such service which will be beneficial to a lot of business who want to scale up full development cost as a result of in house development.

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