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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.
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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 lower maintenance costs roi

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

Quote-to-Order (Q2O) Systems

Quote-to-order (Q2O) solutions (sometimes known as configure, price, and quote or CPQ) enable manufacturers to mobilize their mass customization initiatives. These systems can reduce time-consuming quoting and ordering processes, decrease unit costs, and lower sales costs. Q2O suites can further help enterprises increase sales effectiveness across all channels. These solutions help companies that sell complex products and services shift their focus to customer-facing sales and service issues. 

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Documents related to » lower maintenance costs roi

How to Choose a Service and Maintenance Application


If you’re not using a service and maintenance application, you may have reached the point where manual systems no longer support the pace of business. Where to start? You should know the five important questions to ask before implementing. The ten essential features to look for. How to prepare for product demonstrations. And the five most common mistakes people make.

lower maintenance costs roi  you''ll reduce transcription errors, lower the staffing requirements for data entry, and improve access to up-to-the-minute information throughout your organization. Ask about the latest technology In order to stay competitive and efficient, you''ll need a system that works with the latest technologies. Ask yourself which technologies are important to your organization. For example, if you use bar code scanners to support your infrastructure, make sure your service and maintenance applications can work Read More

Computerized Maintenance Management Systems: A Tutorial Part Two: Benefits and Interfaces


A CMMS is an excellent business opportunity whose implementation can significantly improve operations, reduce equipment downtime, increase accountability of the maintenance functions, and produce substantial financial savings. Read on to learn how this can be accomplished.

lower maintenance costs roi  and external savings through lower premiums. At year end, a CMMS can assist you in preparing a more accurate budget, cutting spare part costs due to overstocking, and spreading maintenance dollars to more critical pieces of equipment. This information can also enable you to take advantage of volume and seasonal buying discounts. How you rank these benefits in terms of return on investment (ROI) will depend on your company. However, with your detailed knowledge of the company, these benefits may be just Read More

ERP ROI in Only 9 Months


Nucleus Research reports that NetSuite, a leading integrated Web-based business software suite, can deliver a positive return on investment (ROI) in fewer than nine months, by automating processes, boosting sales, increasing productivity, reducing or avoiding headcount, increasing data visibility, and retiring costly legacy systems. Learn how NetSuite business management software provides a positive ROI to businesses.

lower maintenance costs roi  costs, NetSuite has a lower total cost of ownership than most traditional ERP applications. Many customers that considered on-premise ERP applications such as Microsoft Dynamics, Oracle E-Business Suite, or SAP found that using an on-demand application such as NetSuite enabled them to avoid the significant initial license and associated implementation costs. Customer estimates of deployment length ranged from 30 days to 8 months. Customers that considered on-premise ERP estimated that an on-premise Read More

End-user Performance: Building and Maintaining ROI


Software alone is not enough to make your business run more smoothly and cost-effectively. For software to deliver value to your organization, your users must have the skills to use it accurately and intelligently. With careful planning and the right process improvement tools, best-in-class businesses are creating performance cycles that establish user acceptance and understanding up front. Shouldn’t your business be one of them?

lower maintenance costs roi  provide better results at lower costs? Do you have the proper materials for people who have switched roles or joined the company after go-live? And most important, if your business processes have changed, do you have the material and delivery capacity to support them? Knowledge transfer : Make sure that as business processes evolve, you modify your online documentation, simulations, and job aids to reflect the changes. Nothing will frustrate your users more than outdated, inaccurate information. The Read More

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.

lower maintenance costs roi  that impact company growth Lower staff turnover Spend less time retrieving and massaging data for the business Decrease business requests, resulting in less maintenance and utilization of hardware Total Cost of Ownership (TCO) Business Value Revenue Cost Assets Total Cost of Ownership Reallocate IT funds to corporate growth initiatives Reduce initial implementation costs including data architecting, database design, systems integration, data cleansing, data mapping, and tool configuration Reduce cost of Read More

Collaborative Asset Maintenance Strategies-Redefining the Roles of Product Manufacturers and Operators in the Service Chain


In asset-intensive industries, the reliability of capital assets is essential to success. Maintenance of these assets can dramatically impact the overall performance and useful life of an asset. Accordingly, asset owner–operators and asset service providers are continually trying to improve their maintenance practices—which is why they’re deploying key strategies and technologies to refine the effectiveness of their operations.

lower maintenance costs roi  Asset Maintenance Strategies-Redefining the Roles of Product Manufacturers and Operators in the Service Chain In asset-intensive industries, the reliability of capital assets is essential to success. Maintenance of these assets can dramatically impact the overall performance and useful life of an asset. Accordingly, asset owner–operators and asset service providers are continually trying to improve their maintenance practices—which is why they’re deploying key strategies and Read More

Reducing Costs with Efficient Operations: A Fast Track to More Working Capital


Untamed costs can deplete the precious working capital that’s critical to your ongoing operations. But, you can get a handle on costs by taking steps to improve operational efficiency. By instituting efficient automated processes, you can reduce waste, unnecessary overtime, and many other cost factors. Find out how an integrated business system can help you improve gross margins while offering more competitive prices.

lower maintenance costs roi  , Reduce Cost , Lower Benefits Costs , Reducing Business Costs , Competition Pricing , Operation Efficiency , Pricing Strategies , Pricing Software , Pricing Higher Profit , Pricing Solutions , Pricing Methods , Product Pricing , Transfer Pricing , Product Life Cycle Management , Value Pricing , Price Elasticity Demand , New Product Pricing , Time Based Pricing , Suggested Retail Price , Purchasing Power , Psychological Pricing , Market-Adaptive Pricing , Options Pricing , Cost Limit Price , TAKING Read More

Get in the Loop with Closed-Loop Diagnostics and Unlock the Door to Profitable Maintenance


US companies spend approximately $300 billion (USD) annually on asset maintenance and operations, with 80 percent going to fixing asset failures. This situation can now be drastically improved with the advent of enterprise asset management (EAM) solutions that incorporate closed-loop diagnostics. This best-of-breed maintenance functionality extends the boundaries of traditional software by providing specialized failure analysis features that are fully integrated with core business processes. This paper examines how EAM solutions can support closed-loop diagnostics to provide a number of significant benefits.

lower maintenance costs roi  in the Loop with Closed-Loop Diagnostics and Unlock the Door to Profitable Maintenance US companies spend approximately $300 billion (USD) annually on asset maintenance and operations, with 80 percent going to fixing asset failures. This situation can now be drastically improved with the advent of enterprise asset management (EAM) solutions that incorporate closed-loop diagnostics. This best-of-breed maintenance functionality extends the boundaries of traditional software by providing specialized Read More

The Elusive Weekly Maintenance Schedule


The weekly schedule process is by far the most significant yet underutilized tool for work force efficiency. A resource-leveled weekly schedule provides a logical way to balance required work versus available man-hours.

lower maintenance costs roi  Elusive Weekly Maintenance Schedule The weekly schedule process is by far the most significant yet underutilized tool for work force efficiency. A resource-leveled weekly schedule provides a logical way to balance required work versus available man-hours. Read More

Best Practices Reduce Operating Costs by $1 Million


NexPress, a mid-sized company specializing in print solutions and services, needed to integrate its business processes across its supply chain. It also wanted to increase inventory visibility, and control and eliminate redundant data maintenance. By implementing mySAP and SAP SI s MaxValu, it reduced its operating costs by more than $1 million (USD) in just sixteen weeks.

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How Airlines Can Stop Getting Murdered by Maintenance Costs


Patchwork maintenance repair and overhaul (MRO) systems can cost large airlines millions in duplicated effort, extra inventory, and delays. But with round-the-clock schedules to maintain, few airlines can afford to upgrade to an integrated MRO solution any time soon. Today TEC Analyst Philippe Reney looks at two ways airlines can improve their MRO capabilities without a complete IT overhaul.

lower maintenance costs roi  Airlines Can Stop Getting Murdered by Maintenance Costs The scale of an airline''s maintenance, repair, and overhaul (MRO) operations requires significant planning around moving assets, inventory, machine shops, and manpower, often on a round-the-clock schedule. This is particularly true for legacy carriers, i.e., large operators with multiple fleets of aircraft, round-the-clock operations, and international destinations to manage. Legacy airlines must also contend with complex multidepartmental Read More

Case Study: Customers Seeing ROI




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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.

lower maintenance costs roi  built. Ordinarily, risks are lower because an existing product or system can be evaluated; and generally, its costs can be identified more precisely, whereas there''s no way to be sure what the result, duration, or cost of a development project will actually be. Selecting a Vendor The reliable way of selecting a vendor or product is to prepare an ROI calculation for each competing vendor or product solution, and pick the one that provides the most advantageous ROI over the expected useful life of the Read More

Distribution: Costs Down, Customer Loyalty Up


Do distributors always have to settle for a trade-off between cost management and customer service? Is it impossible to keep costs down, yet still respond to customer needs and provide high-value products? Cost control needn’t impinge on customer service, and in fact, efficient processes can result in happier customers. How to use an integrated business management system to promote efficiency isn’t a secret—learn more.

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