The valuation war over ERP readiness

Can a patched-together ERP really cost you a better multiple? In the Economic Times x NTT Data roundtable, VCs, PE investors, SAP specialists and NTT Data’s deal-cycle practitioners explained how ERP maturity had already started influencing valuations. Moderated by Miloni Bhatt, the panel candidly shared direct experiences: family businesses running “two systems”, startups offered only conditional funding until they proved profitability at SKU level, AI-driven diagnostics that surfaced messy data in hours, and cloud ERP builds that turned pitch-ready firms into genuinely market-ready ones. If you’ve wondered what investors actually saw when they logged into portfolio systems, and how that view shaped pricing and exits, this discussion laid it out in detail.