How to Make Continued ROI a Reality

From the time that you decide to implement a new business system right through the project planning and implementation stage, return on investment (ROI) should be considered as one of the major driving forces. Not only is it important that you realize this at the start and continue to assess this during the full life span of the project, it is equally important that you continue to assess the frequency that you regain your ROI. The initial software and hardware purchase may seem scary. However, if you assess the benefits over what your business is currently doing today, you will see how quickly the implementation of a sound and stable business system will help you realize your full ROI.

What are some of the steps and assessment processes that you can use to assist in your analysis?

1. How many manual processes will be automated? Automating your business processes will reduce the number of errors and streamlines the accounting process. This automatically decreases the amount of time your sales force takes for each transaction and increases your profitability.

2. How much re-gained time will you be able to apply to more profitable tasks? Automating your business processes decreases the amount of time your sales force spends at the customer site by up to 60%. This can translate into additional sales stops per day.

3. How does this effect your administrative functions? With automation, you get timely sales reporting and analysis. This translates into increased inventory turnover rates and reduced accounts receivable times.

But wait... ROI should not just stop with your initial purchase. Your business system investment should continue to be earned back many times over again. Annual service agreements ensure ongoing new features and services are delivered to you.

< Previous

It ensures that you have qualified software support staff available to you for assistance and training. Take advantage of as many of the product features and services that you can. Doing this can help you streamline your business and continue to increase your profitability.

If you are considering a new system or even just upgrading what you currently have, the Si ROI calculator can help you identify your potential profitability increase and help you realize just how quickly you can gain your return on investment.

Visit us on-line at www.Solid-Innovation.com.

Version 5.X Clients - Upgrade Today to Version 8.00

The latest generation, Solid Business Central™™ version 8.00 is ready for shipping. This upgrade is immediately available to all paid support contract clients. Optional new features with version 8.00 include:

• Si Special Price Lists - used to manage promotional sales, customer-specific pricing arrangements, and volume discounts.

• Si Customer Pricing Groups (CPG) - allows for an additional grouping of customers to which special pricing may apply.

• Si EFT (Electronic Funds Transfer) Statements - allows you to set the payment terms by number of days and generate customer statements showing all outstanding transactions that fall within those terms.

• Customer Discounts based on Volume - allows you to apply different customer discount percentages based on sales volume.

• Si Remote Site - For those of you who have remote store locations, this allows multiple warehouse inventory control, seamless stock requests and transfers between stores, unique configuration and inventory management for each Remote location.

For more information on Solid Business Central™ version 8.00, please do not hesitate to contact one of our Si Business Systems Specialists.

Next >