Abstract
The importance of business models has increased significantly in the last decade, especially in the Internet. The cause of this increase is the effect of Internet and the associated applications and their business processes regarding to the business model. These effects include, for example, the emerging technical and economic aspects of a business model on the Internet, the support and transformation of traditional business models, and the arise of new business ideas based on that technology. One of these new ideas is: how distributed Enterprise Resource Planning (ERP) systems or federated ERP (FERP) systems as web services (WSs) can cover the increasing demands of small and medium sized enterprises (SMEs) for business software covered. This paper aims to provide a derived developing approach with three phases that will lead to three suitable concepts that identify suitable business model for FERP System with different scenarios of value exchanging. The results of this work will be conceptual models that describe the character, role and revenue models that identify FERP exchanging business model.