Comment by bluedino

It seems like there should be 5-6 vendors of 'University HR Software'

You want 1,000 licenses for it? That will be $5,000 a year, for a total of $5 million

It's going to us a year to implement it, we're going to send out 25 people to get it up and running, train your users, etc. That's another $25 million.

We'll spend the next year building integrations to all of your other software and systems, that's going to be another $25 million.

These quotes will all vary +/- 25% depending on the vendor. Schedule a 200 hours of meetings, trainings, etc for 500 people involved with the new software. That's another $5 million.

Where's the other $540 million coming from?