ROI Metrics - Save time & money!
ROI (Return On Investment) and TCO (Total Cost of Ownership) are
important tools for estimating the financ ial gains of implementing
a new IT solution. Today, the positive economic effect of a new IT
application must come quickly, otherwise the installation is
neither worth the time nor the money.
ROI template
When planning IT projects with partners and customers, we use
our well proven ROI template. It is based on experience from
implementations at hundreds of companies. Download our free ROI
template to the right and make your own calculations.
There are two example templates, one for customer
order & invoice and one for supplier order & invoice,
which are open so that you can fill in information and figures
from you own company to calculate the ROI.
Gains and benefits
When deciding whether to implement an integration
solution, your most strategic question is probably "what is there
to gain?". We could describe a number of positive effects of
integration and automation which all lead to cost-savings and
improved customer service. The exact effects depend on type of
integration you choose to implement. However, there are some
general effects, regardless of which systems are
involved. Examples of these are:
- Faster business processes. Displays the bottle-necks in the
organization and provides tools to change it.
- Reduced time spent on administrative tasks.
- Reduced need for print-outs --> positive environmental
effects
- Better control of business flows and quicker error handling.
The right information at the right time and right place.
- Minimized risk of double or missed data.
- Fewer errors as basic data is maintained in one place
only.