The implementation of ERP system is performed to integrate business processes, efficient charge of company resources and give important data for decision support. Implementing of ERP system is expensive and time consuming. Therefore a great number of research activities are focused on key success factors of ERP implementations but only few deals with long term impact of ERP system on enterprise performance. In the article the relationship between implementation of ERP and values of important economic ratios of enterprises is analyzed. The analysis is a base for presented evaluation methodology of ERP system from economic point of view. As an example, an enterprise is taken into account that implemented ERP system in 2001. The illustrative examples are given.
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