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 roi calculation example

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Documents related to » roi calculation example

Who the Heck Needs ROI?


Ten common errors prevent return on investment (ROI) calculations from being used as much or as well as possible. Avoiding intuitive decision making and basing ROI on quantifiable factors is essential to the success of major decisions, including software selection.

roi calculation example  is so obvious that ROI calculation is unnecessary. The fact is, to borrow Samuel Goldwyn''s famous depiction of verbal contracts, many ROI analyses (as commonly performed) are not worth the paper they''re written on. The issues usually raised with ROI often reflect inappropriate understanding or usage, which of course are real issues but are not inherent to ROI. In our experience, the ROI issues most people express are like the iceberg''s tip. The far larger source of ROI difficulties is like the 90 Read More

ROI: Are You Ready to Walk The Walk?


ROI marketing is just starting to become mainstream. ROI selling is already out there, further advanced in adoption because of its perceived relevance to the selling process. It won't be long before several B2B software companies position their products as providing a superior ROI. Read on to find out if it's the right position to claim.

roi calculation example  Proof is in the ROI . We heard from a number of executives at business to business (B2B) software companies with spirited comments and questions about using return on investment (ROI) in selling and marketing. At the end of this column, you''ll find answers to some of the questions from readers. One question that wasn''t asked was Is saving time and money a good position to claim? Surprised? Think about it. ROI marketing is just starting to become mainstream. ROI selling is already out there, further Read More

ROI for RFID: A Case Study Part Two: Implementation and Results


If companies are to find value in radio frequency identification (RFID), they need to view this technology as more than eliminating the scanning gun from the barcode equation. Companies considering implementing RFID must think beyond the confines of the four walls of the plant and factory in order to take full advantage the benefits that this type of technology has to offer. However, as is with any emerging technology, the bottom line is to only implement RFID when the ROI justifies it.

roi calculation example  implement RFID when the ROI justifies it. To view a short video on RFID and some of the other Microsoft components, which are mentioned in this article that in action at KiMs, click on the icon: (High-Speed Connection Strongly Recommended) This is Part Two of a two part note. Part One was an introduction to the company and RFID. Part Two describes the implementation and results. About the Author Joseph J. Strub has extensive experience as a manager and senior consultant in planning and executing ERP Read More

E-learning Benefits and ROI Comparison of E-learning versus Traditional Training


You’re considering a move from traditional training to e-learning, but you’re not sure if the returns will be significant. In fact, employees are better able to retain and transfer what they’ve learned with Web-based training (WBT) and computer-based training (CBT). And typically, with these methods, the time a worker spends being trained is reduced by about 40 percent. Learn more about how e-learning can benefit you.

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Calculating ROI for Business Intelligence Solutions in Small and Midsized Businesses


For many companies, a challenging business event or critical business pain precipitates a conversation about business intelligence (BI). But don’t wait until you introduce new products, upgrade your IT environment, or notice that your inventory is increasing but not your sales. Find out how to build a return on investment (ROI) for your BI applications and projects, so you can leverage your own data before it’s too late.

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The Business Value and ROI Achieved with Riverbed in Analyzing, Diagnosing, and Resolving Application Performance Issues


As organizations rely on IT to support critical business processes to an ever-greater degree, the importance of application performance management (APM) is growing. Organizations need to ensure that applications are operating at top efficiency from end to end to support critical business processes.

To better understand the business value of Riverbed APM solutions, IDC conducted a study of Riverbed customers, examining how they deployed and are using APM tools. The analysis showed that these customers are achieving an average payback period of 6.4 months and an average three-year return on investment (ROI) of 521 percent.

roi calculation example  Business Value and ROI Achieved with Riverbed in Analyzing, Diagnosing, and Resolving Application Performance Issues As organizations rely on IT to support critical business processes to an ever-greater degree, the importance of application performance management (APM) is growing. Organizations need to ensure that applications are operating at top efficiency from end to end to support critical business processes. To better understand the business value of Riverbed APM solutions, IDC conducted a study Read More

Calculating the ROI of Implementing a Time and Attendance Product


Timekeeping software systems have been around for many years, and there are dozens of systems in the market. These timekeeping software packages have a whole range of features and compelling reasons to buy. But before getting caught up in a chase for more features, make sure you understand exactly why you are automating your timekeeping process.

roi calculation example  the ROI of Implementing a Time and Attendance Product Timekeeping software systems have been around for many years, and there are dozens of systems in the market. These timekeeping software packages have a whole range of features and compelling reasons to buy. But before getting caught up in a chase for more features, make sure you understand exactly why you are automating your timekeeping process. Read More

Cloud Delivers 1.7 Times More ROI


Companies continue to invest in cloud applications because of low upfront cost and faster time to deployment, but those are not the only reasons to move to the cloud. Beyond their initial payback, Nucleus Research found that cloud applications deliver 1.7 times more return on investment (ROI) than on-premise ones, largely because four out of five cloud deployments deliver increasing benefits over time. Download research note.

roi calculation example  Delivers 1.7 Times More ROI Companies continue to invest in cloud applications because of low upfront cost and faster time to deployment, but those are not the only reasons to move to the cloud. Beyond their initial payback, Nucleus Research found that cloud applications deliver 1.7 times more return on investment (ROI) than on-premise ones, largely because four out of five cloud deployments deliver increasing benefits over time. Download research note. Read More

Evaluating the ROI from CardScan Pro for CRM


Data entry and error correction are key roadblocks to return on investment (ROI) from customer relationship management (CRM) software. Manual data entry is time-consuming, and reduces staff effectiveness by taking them away from potential sales opportunities. Automating data entry is one way to reduce missed contacts and incorrect details, and to increase the volume and accuracy of contact entry.

roi calculation example  the ROI from CardScan Pro for CRM Data entry and error correction are key roadblocks to return on investment (ROI) from customer relationship management (CRM) software. Manual data entry is time-consuming, and reduces staff effectiveness by taking them away from potential sales opportunities. Automating data entry is one way to reduce missed contacts and incorrect details, and to increase the volume and accuracy of contact entry. Read More

Calculating the ROI of Your Learning Management System


Managers of learning and talent already know a learning management system (LMS) can help companies cut costs or improve profits. But how do you show that return on investment (ROI) to others? Learn more about the benefits, as well as how to assess the ways an LMS can positively effect your business and to calculate an LMS’s real cost of ownership, whether as a software-as-a-service solution or a traditional purchase model.

roi calculation example  the ROI of Your Learning Management System Managers of learning and talent already know a learning management system (LMS) can help companies cut costs or improve profits. But how do you show that return on investment (ROI) to others? Learn more about the benefits, as well as how to assess the ways an LMS can positively effect your business and to calculate an LMS’s real cost of ownership, whether as a software-as-a-service solution or a traditional purchase model. Read More

Winning Users' Hearts & Minds via Usability: A Retail Example


My recent blog series entitled “Integrated Workforce Management (WFM) Platforms: Fact or Fiction?” established that WFM systems have evolved from point solutions (i.e., time and attendance [T@A], workforce scheduling, absence management, human resources [HR], payroll, etc.) into unified solutions with a common user interface (UI), integrated WFM modules, and centralized

roi calculation example   Read More

ROI for RFID: A Case Study Part One: Company Background


Radio frequency identification (RFID) is the latest buzzword in the world of manufacturing and distribution technology. If you believe the press releases, it is a panacea and cure-all for what ails the industry. While RFID may not solve world hunger, you may not want to propose a solution without it. This research note looks at a recent and successful, implementation of RFID, examining the characteristics of the process and common obstacles and speed bumps to avoid.

roi calculation example  for RFID: A Case Study Part One: Company Background Introduction With the cost of computer chips consistently decreasing, embedding technology in the product is becoming a cost-effective reality. This is the theory of radio frequency identification (RFID) and the embedding of specially activated tags in products, product packages, and product platforms. Specifically, RFID tags are small integrated circuits connected to an antenna, which can respond to an interrogating RF signal with simple identifying Read More

Know the Facts and Improve Social Recruiting ROI


Each social media network plays a role in your recruiting efforts. Find out more.

roi calculation example  and Improve Social Recruiting ROI Read More

Epicor Conducts Its Own ROI Acquisition Rationale


Given the "once bitten, twice shy" adage, one should imagine Epicor has carefully thought out the rationale for the recent acquisitions of ROI Systems and TDC Solutions, so that they are not a knee-jerk, 'me too' impulse owing to the ongoing consolidation craze in the market.

roi calculation example  Conducts Its Own ROI Acquisition Rationale Event Summary A true mid-market incumbent vendor, Epicor Software Corporation (NASDAQ: EPIC), has not had much upbeat news for the last several years following on its progenitors'' (i.e., Platinum Corporation and Dataworks ) merger in 1998 and subsequent name change from Platinum into Epicor in 1999. Nevertheless Epicor has seemingly at long last achieved a turnaround both in terms of its financial performance and of its strategy clarity. It has also Read More