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How to Avoid the 10 Major Pitfalls of ROI Calculations
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Return on investment (ROI) calculations can be a powerful decision-making tool, but done improperly they can be misleading and potentially disastrous. Today's feature article looks at the 10 not-so-obvious pitfalls that can screw up the best intentioned ROI calculations—and gives you tips on how to avoid them.
If you're interested in the benefits of ERP, or if you have to justify the purchase of an ERP system, today's second feature article will come in handy. It looks at the complete list of quantifiable ERP benefits, including reductions in inventory, labor, and material costs; and improved accounting controls, customer service, and sales.
Calculating the value of a technology investment only makes sense if your ROI calculations are quantified—and if they fall directly within the context of your organization's business objectives and priorities. Otherwise, as today's feature white paper shows, the "benefits" of a technology investment may be far more imaginary than real.
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Read the article: Who the Heck Needs ROI?
Read the article: Justification of ERP Investments Part 1: Quantifiable Benefits from an ERP System
Read the white paper: Defining the Business Value from Your Technology Investment
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To compare ERP solutions based on your organization's needs and characteristics (size, industry, business model, geographical markets, IT platform and requirements, etc.), visit TEC's ERP Evaluation Center. It's fast and easy, and you'll get the results immediately.
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