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First Federal Banks On Its Employees with Blue
The success of Kentucky (US)-based First Federal Savings Bank can largely be attributed to its sophisticated review process. The bank conducts an annual 360

annual savings  The bank conducts an annual 360 review for each of its employees. Besides rating themselves, employees are also evaluated by peers, subordinates, and supervisors. To conduct these reviews, the bank uses Blue/360, a web-based multi-rater application designed specifically for conducting 360 reviews. Read More...
Discrete Manufacturing (ERP)
The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as or...
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Documents related to » annual savings


6 Ways You Can Benefit from Telecom Expense Management
A national health insurance company’s spreadsheet-based telecom management process was leading to time and money wasted as staff tried to make up for lack of

annual savings  to achieve the following annual savings in the categories of: Invoice auditing ($71,350); Business Analysis ($214,000); and Chargeback Visibility ($257,000) Reporting and cost control were also vastly improved with the new solution. By using the various Key Performance Indicators (KPIs) available through tools like AnchorPoint Business Analytics' dashboards--such as speedometers that track how the telecom group is performing against its annual budget-- the organization is now able to establish financial Read More...
Automotive Oracle ERP Customer Switches to Rimini Street’s Maintenance
Rimini Street, Inc., a vocal third-party maintenance and support provider for enterprise software, including SAP and Oracle Corporation’s Siebel, PeopleSoft, JD

annual savings  applications to save substantial annual support fees. UCI International is a manufacturer and supplier of vehicle replacement parts and car care products in North America, with facilities and offices throughout the U.S., Canada, Mexico, Europe, and China. Its brands include Airtex Products, ASC Industries, Autolite, FRAM Filtration, Holts, Prestone , and Wells Vehicle Electronics . Like many companies in these times of economic uncertainty, UCI International has developed a cost-conscious culture focused Read More...
Outsourcing Security Part 2: Measuring the Cost
Evaluating the cost of outsourcing can be challenging because most organizations cannot fully estimate the financial impact of such a decision.

annual savings  percent cost of total annual compensation for in-house security professionals. Assuming the company keeps its five daytime IT security staff for mission-essential in-house security support, first-year savings for outsourcing 24x7 security operations is approximately $836,384. Second-year savings for outsourcing 24x7 security operations is about $853,812. Coming to a Conclusion Making the decision on whether to staff in-house for security services or hire a managed security services provider is a decision Read More...
AnyDoc Customer Success Story: PSCU Financial Services Can’t Dispute the Advantages of OCR
PSCU Financial Services mediates disputes between its customers and their credit card companies. Many of these disputes require multiple pages of documentation

annual savings  PSCU has realized an annual savings of $125,000 (USD). Read More...
Enterprise Management Systems: Realized Cost Savings for CIOs
A company’s IT assets make up the largest portion of its overall IT budget. Properly managing these assets is key to ensuring each IT dollar is well spent. An

annual savings  Management Systems: Realized Cost Savings for CIOs A company’s IT assets make up the largest portion of its overall IT budget. Properly managing these assets is key to ensuring each IT dollar is well spent. An IT asset management (ITAM) solution, such as an enterprise management system (EMS), combines hardware and software inventory with software distribution and application, and remote functionality that can ensure IT assets are optimally set up and used. Learn how. Read More...
Manage Your Workforce like the Asset That It Is
Because they are seeing fewer cost savings from other lean initiatives, many manufacturers are now seeking to optimize their workforces the way they’ve

annual savings  Your Workforce like the Asset That It Is Because they are seeing fewer cost savings from other lean initiatives, many manufacturers are now seeking to optimize their workforces the way they’ve optimized other assets. In order to begin putting the workforce first, these companies are using workforce management (WFM) systems to handle human resources (HR) tasks and obligations, reduce labor costs, increase output, and make better use of in-house capabilities. Read More...
Best-practice Budgeting
Each year, companies invest substantially to create an annual budget, spending heavily on specialty software, staff overtime, and temporary help for data entry.

annual savings  substantially to create an annual budget, spending heavily on specialty software, staff overtime, and temporary help for data entry. In a perfect world, these investments would deliver excellent returns—but often, they simply don’t. Learn budgeting, forecasting, and financial performance management best practices that can help you maximize budgeting benefits and minimize budgeting pain. Read More...
Projected Cost Analysis of SAP HANA
In September 2013, SAP commissioned Forrester Consulting to conduct a cost-based analysis to examine the potential cost savings and reduction in total cost of

annual savings  Cost Analysis of SAP HANA In September 2013, SAP commissioned Forrester Consulting to conduct a cost-based analysis to examine the potential cost savings and reduction in total cost of ownership (TCO) that enterprises may realize by deploying HANA. This report provides a framework for users to evaluate the potential financial impact of HANA on their organizations. Read More...
SumTotal Announces HCM “Magic Potion” to Cure Disparate HR Assets
At its annual TotalConnections 2013 customer summit, SumTotal Systems LLC announced a new ambitious human capital management (HCM) platform called elixHR, a

annual savings  HR Assets At its annual TotalConnections 2013 customer summit, SumTotal Systems LLC  announced a new ambitious human capital management (HCM) platform called elixHR , a virtual single source of truth for an organization’s human resources (HR) data. With elixHR, companies will be able to extend and link disparate HR information and processes, as well as external enterprise systems and information, to access comprehensive employee data, processes, and analytics. As part of SumTotal’s Talent Expansion Read More...
Think Your Organization Is Too Small for ERP? Think Again
While many believe ERP to be out of reach of SMBs, a well-managed ERP implementation can be a continuing source of cost savings and operational improvements

annual savings  Your Organization Is Too Small for ERP? Think Again While many believe ERP to be out of reach of SMBs, a well-managed ERP implementation can be a continuing source of cost savings and operational improvements which help companies grow and thrive. Even small companies can document the business benefits of ERP, not only in terms of quantifiable cost savings and schedule improvements, but also in terms of standardizing, streamlining, and accelerating business processes. Read More...
Elevating Your Procurement Organization from Knee-jerk Reactions to Predictive Analytics
For most companies, chief procurement officers (CPOs) need to maximize savings, focus on sustainability, manage supplier performance, and minimize supplier risk

annual savings  procurement analytics,supplier performance,srm,supplier relationship management,supply chain analytics,customer relationship management,customer relationship management software,customer relationship management system,crm customer relationship management,customer management software,customer relationship management crm,customer relationship management systems,customer relationship management definition,customer relation management,customer relations management Read More...
Case Study: Howard Community College
The desire to be environmentally responsible@and save money@led Howard Community College (HCC) to green its campus. Seeing that there was room for savings in

annual savings  Study: Howard Community College The desire to be environmentally responsible—and save money—led Howard Community College (HCC) to green its campus. Seeing that there was room for savings in its computing technology, HCC searched for an energy management solution that would make workstations available when system resources are required, while conserving power during productivity downtimes. Learn how the solution HCC chose offered energy savings and more. Read More...
Case Study: Pentair Anticipates Huge Cost Savings by Streamlining Service Operations with ServiceMax
Pentair, a leader in the design and manufacturing of thermal management products and enclosures that house and protect sensitive electronics and electrical

annual savings  save about $5 million annually. Read More...
QAD Continues to Wade Through Red Ink
QAD, one of the leading ERP vendors, announced a number of product and alliance initiatives during its annual user conference in May. However, yet another saga

annual savings  Continues to Wade Through Red Ink QAD Continues to Wade Through Red Ink P.J. Jakovljevic - September 25, 2000 Event Summary In August, QAD Inc., one of the leading ERP vendors, reported revenue of $53.2 million for the second quarter ended July 31, 2000, up 3% from revenue of $51.6 million in the first quarter of fiscal year 2001. However, the second quarter revenue performance compares unfavorably to $58.3 million for the same period last year (See Figure 1). Excluding a $3.2 million valuation Read More...

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