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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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 reduce maintenance cost 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

Maintenance, Repair, and Overhaul (MRO) RFI/RFP Template

Maintenance Management, Customer Contracts (Agreements), Customer Orders, Customer Quotations, Work Orders, Product Technology 

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Documents related to » reduce maintenance cost 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.

reduce maintenance cost roi  By doing so, 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 Read More

Maintenance Tips For Improved Profits: Creating the Business Case to Invest in Automation


Does it really make sense to spend money to save money? The answer may surprise you when it comes to maintenance of large capital assets including Facilities, Fleet, Plant Equipment and yes, even computers. It makes even more sense when you consider that today more and more companies are adding a new line item in their financial statements called "Deferred Maintenance Revenue Write Down". A lack of preventive maintenance affects the shareholders of all companies due to aging assets and reactive maintenance practices. A complete preventive maintenance program consisting of better business practices and a simple tool such as a Computerized Maintenance Management Software (CMMS) or Enterprise Asset Management (EAM) package can streamline the process and result in immediate savings in both time and money. So how do you justify the initial investment and where can the cost savings be seen across the enterprise?

reduce maintenance cost roi  days. If you could reduce this by 50% by implementing a preventive maintenance program, your revenue generation increases by $4800.00. If 30% of the fleet has experienced unscheduled maintenance then the total revenue increase could be as high as $720,000.00. Here is the calculation. Step 1. Costs = $1200.00/Day X 8 Lost Days multiplied by 30% of the fleet doing unscheduled maintenance or 150 vehicles = ($9600.00) X (30%X500) = ($720,000.00) lost revenue. Although this is only an example, it is a tangible Read More

CRM ROI: Creating a Business Case


Companies need to implement serious yardstick work when seeking to evaluate CRM-software investments. This involves creating a cost-benefit analysis, determining the tangible and intangible benefits, and the risks involved with CRM implementation.

reduce maintenance cost roi  sales Increase customer retention Reduce customer churn rate and eliminate replacement expenses Improve customer satisfaction and loyalty Improve customer lifetime value Risks Biting-off-more-thanyou-can-chew : Instead, start with smaller, more focused CRM solutions, targeting a specific sales or services business function or group of users. Over Budget and behind schedule According to CIO magazine , 49 percent of CRM projects are now targeted for completion in less than 12 months, and 70 percent within 1 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.

reduce maintenance cost roi  can significantly improve operations, reduce equipment downtime, increase accountability of the maintenance functions, and produce substantial financial savings. The old ways of managing the maintenance function do not work anymore. The use of everything from index cards, pegboards, and white boards is cumbersome, ineffective, and unreliable. What''s more, these low-tech tools were used inconsistently and irregularly, further reducing whatever minimal benefits they may have been expected to achieve. A comp Read More

Latest Developments for a Vendor-neutral Third Party Support and Maintenance Provider


Rimini Street is not trying to be a software vendor. Rather, the third party support and maintenance provider is a focused system implementation and consulting firm that sells its services under service contracts instead of mere break-fix arrangements.

reduce maintenance cost roi  market, as they do reduce the cost (and the pain) of paying for support (especially for new and unneeded product releases). In terms of the current lawsuit by Oracle against TomorrowNow and SAP (which, as a result, might deter prospective customers from opting for third-party service providers), Rimini Street believes the court case isn''t really about the legality of third party support, but rather specific allegations regarding TomorrowNow''s business practices. Specifically, Rimini Street refers to the a Read More

EAM Software Head-to-Head: Infor, IFS and Maintenance Connection


Simply clickhere and find out how all three rank based on your company sunique needs and functional requirements.

reduce maintenance cost roi  Software Head-to-Head: Infor, IFS and Maintenance Connection EAM Head-to-head Infor , IFS , and Maintenance Connection are three of the top names in EAM software—and now you can compare them quickly and easily online. Simply click here —and find out how all three rank based on your company''s unique needs and functional requirements. It''s fast, free—and you''ll get the results immediately! Click below to start your custom EAM comparison now! Start Your EAM Comparison Infor EAM IFS Applications Read More

ERP: The Key to Managing Bioterrorism Act Record Maintenance


Establishing, maintaining, and making records available as outlined in the Bioterrorism Preparedness Act is overwhelming for manufacturers. To prepare for any type of disaster—from cross-contamination to processing failure—you need to make sure your processes are adhering to regulations. An enterprise resource planning (ERP) solution can help minimize potentially adverse effects—on both your business and consumers.

reduce maintenance cost roi  The Key to Managing Bioterrorism Act Record Maintenance Establishing, maintaining, and making records available as outlined in the Bioterrorism Preparedness Act is overwhelming for manufacturers. To prepare for any type of disaster—from cross-contamination to processing failure—you need to make sure your processes are adhering to regulations. An enterprise resource planning (ERP) solution can help minimize potentially adverse effects—on both your business and consumers. Read More

Asset Management: The Changing Landscape of Predictive Maintenance


Uncertainty around an economic recovery is keeping capital and operational budgets tight. Companies are now using specific capabilities to predict asset failure in order to avoid costly downtime and reduce maintenance costs. Learn how, with this Analyst Insight report from Aberdeen Research.

reduce maintenance cost roi  avoid costly downtime and reduce maintenance costs. Learn how, with this Analyst Insight report from Aberdeen Research. Read More

Rimini Street: The End of Full-price Software Maintenance Is Here!


In a recent press release, Rimini Street boldly declared the end of full-price software maintenance. The vocal and upbeat third-party software maintenance provider for various popular SAP and Oracle enterprise systems believes that a tipping point has finally been reached in the market for annual maintenance (certainly, the public cloud enterprise software providers have long been preaching even

reduce maintenance cost roi  Street: The End of Full-price Software Maintenance Is Here! In a  recent press release , Rimini Street boldly declared the end of full-price software maintenance. The vocal and upbeat third-party software maintenance provider for various popular SAP and Oracle enterprise systems believes that a tipping point has finally been reached in the market for annual maintenance (certainly, the public cloud enterprise software providers have long been preaching even the outright elimination of maintenance exp Read More

Service: Reduce Cost While Maintaining Customer Satisfaction


Maximizing profit by providing top-quality service at minimum cost is no longer optional – it’s imperative. Reducing the cost of service while keeping customers happy is the primary objective of customer service organizations. Customer relationship management (CRM) applications help you streamline customer service processes and reduce cost, enabling you to keep your customers happy and grow your business. Find out how.

reduce maintenance cost roi  Reduce Cost While Maintaining Customer Satisfaction Maximizing profit by providing top-quality service at minimum cost is no longer optional – it’s imperative. Reducing the cost of service while keeping customers happy is the primary objective of customer service organizations. Customer relationship management (CRM) applications help you streamline customer service processes and reduce cost, enabling you to keep your customers happy and grow your business. Find out how. Read More

Maintenance Software--Plan Ahead to Maximize CMMS Vendor Web Site Visits


For those looking for a computer maintenance management system (CMMS) vendor, the Web is often the first place to start. There are a number of web site features one should examine in order to maximize web site visits. Reprinted with permission from Plant Engineering and Maintenance magazine.

reduce maintenance cost roi  software. Some CMMS vendors reduce their distribution costs by encouraging users to download developed fixes, while others prefer handling the process themselves. Discussion database Discussion databases are handy and allows users and CMMS vendors to share tips about getting the most out of a CMMS application and traps that should be avoided. Tips and traps can be general or product-specific. Some vendors supplement this section with an ask the experts service that uses external expertise. Vendor demo F Read More

5 Cost Estimating Myths Busted!


This paper debunks 5 myths surrounding cost estimating for manufacturing, based on years of input—talking with thousands of estimating managers, customer surveys, trainings, and on-going feedback. We expose these myths and offer improvement opportunities that can save your business. Overpriced quotations may be forcing your customers to seek out your competition.

reduce maintenance cost roi  cost estimating software,estimator,machining,fabricating,process planning,quoting,job shops 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.

reduce maintenance cost roi  Security Part 2: Measuring the Cost Introduction For organizations of all sizes, outsourcing security is becoming an increasingly attractive method for maintaining a strong security posture. In fact, outsourced security is the fastest growing segment of the information security services market, according to a recent Gartner Dataquest study. Often, the decision to outsource security is based on cost: Can the company effectively outsource or co-source security management functions while still Read More

Counting the Cost of Network Efficiency


It is hard to quantify the costs of poor network or application management, but they include lost productivity due to time spent fixing problems and increased capital and operating expenses. But when creating IT budgets, organizations need to consider the impact of investment in network and application management on overall revenues. IT efficiency should be a priority item for any corporate agenda, and executives need to understand that the network is not only a core part of what their organization does, but plays a key role in achieving business goals.

There is actually a direct correlation between network performance and application performance. There is of course intrinsic value in network hardware and software, but more importantly many people in the organization rely on the applications that the network supports—so if the network is running slowly, users’ applications will slow down too. Hence a budget priority should be where changes in the network are needed to avoid problems arising or improve application performance and hence overall productivity.

This white paper makes a case for the organizational need for solutions and tools which provide network performance information and help identify problems and their causes and areas where improvements should be made, making it possible for budgetary decisions to be based on performance data. It looks at questions the IT team needs to ask to get to the heart of network problems and find the best solution, as well as three categories of network improvements, and also details how an AANPM, or application aware network performance management solution, takes an application-centric approach to network issues and can lead to faster problem solving, reducing downtime, increasing productivity, and saving troubleshooting time.

reduce maintenance cost roi  network performance management, network security, network performance monitoring, Network, AANPM, application, network performance, network management, application performance, IT budget, IT management 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 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.

reduce maintenance cost roi  total cost of ownership, TCO, HANA, SAP HANA, Forrester, in-memory, SAP data, SAP analytics, TCO SAP HANA, cost SAP HANA Read More