The company must ensure that the benefits will outweigh the costs and a serious commitment must be made to successfully implement the system. According to a Meta Group study, among 63 surveyed companies implementing an ERP system, the average cost was $15 million with a high of $300 million and a low of $400,000. The study also showed that it took 8 months after incorporating the system (31 months total) to see benefits (Stevenson, p..