Benefits and Insights

Why use IQMS Manufacturing ERP?
Cost of Ownership

Typical cost structure for IQMS EnterpriseIQ:

License/Subscription Cost
  • Subscription based licensing fees to be paid one-time – starting at $25,000/user, irrespective of the type of deployment selected
  • Cost will vary based on the number of user licenses purchased and modules selected
  • New modules require new licenses to be purchased
Maintenance Cost
  • For both types of deployments, cost is over and above the upfront cost/license fees
  • Organizations need to pay for annual support and maintenance through a single maintenance contract/agreement
  • Maintenance contract percentage changes every year since the implementation of the product
  • Cost will vary depending on the type of maintenance support required by the organization – based on the size and their preferences
Installation/Implementation Cost
  • For both types of deployments, cost is over and above the upfront cost/subscription cost
  • Provides on-site consulting during implementation phase and on an on-going basis
  • Users have the option to opt for implementation through the vendor or through third-party vendors
  • Provides implementation through its authorized implementation partners such as Arisoft, BrainSurf, EstesGroup, The Meaden & Moore and PCS
  • Cost will vary depending on the implementation partner chosen, module selected, number of users, size and requirements of the organization
Customization Cost For both On-Premise and Cloud-based/SaaS solution cost will vary depending on the module added in the existing plan such as warehouse management system, General Ledger, Accounts Payable, Accounts Receivable and Payroll
Data Migration Cost/Change Management/Upfront Switching Cost For both On-Premise and Cloud-based/SaaS solution, cost will vary depending on the amount of data to be migrated, extracting data from an old system, availability of migration tools, complexity of data and gaps between the existing system and the new system
Training Cost
  • Training cost is over and above the upfront cost/license fee paid to own the software
  • For both types of deployments, initial training support is provided for streamlining the implementation process through IQMS Support Services
  • Provides IQMS Training Programs such as hands-on classroom training program, online training, self-help online training videos, Live instructor-led online training, On-site training classes
  • Cost will vary depending on the type of training opted for
  • Provides training support that ranges from learning basic navigation/software capability skills to learning application specific IQ functionality
Recurring/Renewal Costs For both types of deployments, cost will be based on the number of user licenses purchased, additional USLs purchased, additional modules purchased, annual support and maintenance contract, IQMS training and premium support services opted
Pricing Details
Product Name Description Price/Details
Subscriber-based License Cost: IQMS Enterprise IQ
  • CRM
  • Accounting Management
  • Financial Management
  • Sales Management
  • Distribution Management
  • Enterprise Asset Management
  • eCommerce
  • Human Resource Management
  • Production Planning and Scheduling
  • Inventory and Warehouse Management
  • Quality Control
  • Dashboard
  • Starting at $25,000/user
  • One-time license fee
Deployment Options What options are available for product deployment? Cloud-based/SaaS & On-Premise
Pricing Model What is the pricing model? Subscription-based
Minimum Commitment Is there a minimum monthly or yearly commitment required for purchase? One-time license fees to be paid for purchasing the software
Custom Quote Is there an option of requesting custom quote? Available
Free Trial Does the vendor provide a free trial option? No
Product Limitations

Some of the product limitations include:

  • High initial cost for smaller companies plus additional cost for annual support, maintenance and training support
  • Annual maintenance contract percentage does not remain constant from the year of implementation
  • Comparatively complex system and requires that intensive training support
  • Payroll-setup is difficult to implement and maintain
  • Difficult to manage and administer security inspector module
  • Does not support multi-currency feature when setting-up PO approval limits such as USD vs. Mexican Peso
  • Does not support files in Spanish language
  • Does not connect work orders to sales orders

NetSuite OneWorld Global ERP: Starting at $999/user/month

IFS Applications: Starting at $1,000/named user license

Sage X3 ERP: Starting at $2,600/license

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