Every business owner should understand the fact that they need to earn and save wisely for profitable investments. You may look into a modern ERP by calculating the cost to purchase, execute, and maintain the system. However, calculating the Return on Investment (ROI) is also essential. And that’s why the ERP ROI calculator is designed.
The Total Economic Impact™ Of Acumatica
One of the rational and wisest investments companies can make in today’s digital economy is in the
Acumatica Cloud ERP system. The adoption of an ERP solution will help you obtain several benefits such as improvement in gross margins, an increase in sales volume, and growth in workforce productivity. While it is quite impressive, Acumatica ERP doesn’t stop there. The ERP ROI calculator can help to measure both savings and increased earning potential the ERP implementation will eventually provide the firm.
It can also anticipate whether your company is in the right direction of becoming a leader or fail to set a benchmark in the industry. This validation procedure will include ERP Total Cost of Ownership (TCO) to find out the total cost to implement, license, and maintain software for the next 5-10 years.
ERP ROI Calculator Adoption Benefits
Implementing the Acumatica ERP system will allow you to enjoy multiple benefits such as a reduction in cost, improved customer/employee satisfaction, and better opportunities.
When the cost reduction savings are easy to calculate, you can enjoy:
- Reduction in overall operating expenses
- Increase in response time for recalls or returns
- Increase in inventory turns
- Reduction in accounts receivable days outstanding
Other ERP ROI benefits include:
- Fixing errors in a timely and effective manner
- Increase employee retention through ease-of-use and efficiency
- Align relevant documents for real-time availability of a single source of truth
- Make better-informed decisions with improved visibility into insights
A Proven Approach to Calculate ERP ROI
ROI calculation earlier was very detailed. Companies used to take each item to measure the cost of goods as well as operating costs to study a percentage of improvement to each. This process required a large amount of data gathering, resulting in a time-consuming course to determine current values and find out suitable value to be for improvement.
But now, ERP ROI has taken a different approach by utilising the current data determined through extensive research across a wide array of organisations. As it emphasises determining ERP ROI before inventing in an
ERP software, you can study a simple table with four of the 20 procedures, including increased profitability, reduced administration cost, reduced operating cost, and declined inventory levels.
You can evaluate possible ERP ROI through these criteria seamlessly and you will be amazed to see ROI available by only enhancing four of the 20 procedures. Implementing Acumatica ERP can help you discover several business benefits and cost savings in a shorter time period.
Another validation process requires calculating the benefits of a new system by estimating the ERP ROI or possible ROI. During this ROI analysation process, the expected cost of the system is matched to the rewards expected by implementing the software over 5-10 years. It should involve direct as well as indirect savings and overall benefits. Thus, organisations can base their decision of investing in a modern ERP system on the calculated Return on Investment (ROI).
Acumatica ERP System – Offering Astonishing ERP ROI
Acumatica ERP users can expect to leverage many benefits such as seamless connection to third-party applications, improved functionality, reduced operational costs, and effective operations within a single database. The software is built on low pricing, great development, and user-friendliness. That’s why you can explore a significant impact on your company’s economic growth after investing in Acumatica cloud-based ERP system.
Once you discover the possible ROI before investing in ERP, it’s time to turn those predictions into reality and get the right ERP solution for your organisations’ success.
Begin your ERP ROI Calculation
The Total Economic Impact™ Of Acumatica 