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Software Functionality Revealed in Detail
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 return on investment metric

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

Product Development and Portfolio Management RFI/RFP Template

Corporate Objectives Definition, Portfolio Definition, Product Investment, Product Investment Scoring, Portfolio Balancing, Product Investment Monitoring, Application Technology 

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Documents related to » return on investment metric

Leveraging Customer Lifetime Value to Increase Return on Marketing Investment (ROMI)


As one-to-one marketing begins to permeate mainstream business practices, organizations in highly competitive markets struggle to gain an advantage. Thus, as part of an ongoing effort to differentiate products and services, best-in-breed organizations are now using a tool called “customer lifetime value,” a metric that projects a customer’s value over the entire span of that customer s relationship with a company.

return on investment metric  Lifetime Value to Increase Return on Marketing Investment (ROMI) As one-to-one marketing begins to permeate mainstream business practices, organizations in highly competitive markets struggle to gain an advantage. Thus, as part of an ongoing effort to differentiate products and services, best-in-breed organizations are now using a tool called “customer lifetime value,” a metric that projects a customer’s value over the entire span of that customer s relationship with a company. Read More

The Impact of IT Service on Business Process Management


There are potential benefits of operating business process management (BPM) side-by-side with business service management (BSM). BPM and BSM are emerging technologies: BPM is concerned with the orchestration and management of effective business processes, while BSM focuses on the operational effectiveness of the enabling IT services. These technologies are mutually beneficial to one another. This white paper is intended for managers interested in implementing robust BPM solutions in IT-dependent business scenarios or managers looking to lay down a basic foundation for effective on-demand utility computing. It addresses the partnership between Fuego and Proxima Technology, vendors in BPM and BSM solutions.

return on investment metric  decisions and maximize their return on investment from IT resources. Going forward, this same perspective will be used as a foundation for provisioning IT services in an on-demand utility computing environment. Consequently, organizations embracing the BPM/BSM combination will deliver more robust and effective IT-dependent business processes today and be able to capitalize quickly on grid computing technologies in the future. About Proxima Technology Proxima Technology, Inc. provides software and Read More

It’s About Process (or the Ability to be Responsive) -- Part V


Part IV of this blog series further analyzed Webcom ResponsAbility, the on-demand workflow automation and business process management (BPM) solution. Anyone interested can take the product for a free trial test drive here. The vendor just released the ResponsAbility p4 release. Competitive Offerings Do Exist Still, Webcom’s first-to-market (or close to) BPM on-demand advantage has already

return on investment metric  should result in significant return on investment (ROI) when applied to “taming” dynamic processes that change frequently (e.g., adapting to regulatory compliance changes, or to a new organizational structure). The good use of these solutions would also be towards business processes that involve human interaction, and typically, cross many business units, divisions, departments, entire enterprises or other functionally organized groups of people. The same holds for complex, multi-step processes that Read More

New-world Value: The Strategic Impact of Business Application Suites in Today’s Corporate Environment


The concepts of return on investment (ROI) and total cost of ownership (TCO) have been used for decades in enterprise evaluations of IT investments, including enterprise resource planning (ERP) systems. However, with the emergence of important new technological advances, executives are now expanding these traditional formulas to account for new opportunities. Learn more about their new methods for measuring ERP value.

return on investment metric  be entered into the return on investment (ROI) equation. Any ROI accounting must take into consideration modular release strategies, which provide substantial new functionality at a modest cost. Ability to change processes quickly and eliminate maintenance costs frames the business case for application suites. Enterprises are supplementing traditional measurements with a more holistic view to establish a better framework for recognizing the business value of ERP investments. This more holistic view maps Read More

Perfect Orders: Improving Customer Satisfaction and Financial Results


Manufacturers and distributors must keep two groups satisfied—customers and owners. They are connected—what improves the satisfaction of one group can impact the satisfaction of the other. Only through measuring the satisfaction of both groups can these sometime conflicting groups be balanced. Owners watch earnings and return on investment. One way to measure customer satisfaction is with the perfect order index.

return on investment metric  a 2.5% improvement in return on assets. A 3% improvement in the perfect order score correlates with a 1% increase in profit margin, and a 2% jump in the perfect order score shows a 10-cent increase in earnings per share. To Improve the Metrics, Improve the Business Processes Improving the customer service metrics will have an impact on profitability. While customer service improvements are vital to success, we need to have a clear understanding of the financial impact. For example, more than one Read More

chinadotcom In The "Process" of Acquiring Ross Systems


Mid-market process ERP vendor Ross Systems is being acquired by its Chinese distributor, chinadotcom. Unlike some recent acquisitions that are based on the consumption of weaker players to pilfer a customer base, this acquisition appears to provide both parties with solid strategic benefits. This may be an acquisition made of the right reasons - to capitalize on a market growth opportunity.

return on investment metric  resulted in a strong return to profitability (see Ross Systems A Bright Spot On A Difficult Enterprise Application Landscape and Ross Systems Shows Poise in ''Big Easy'' ). With the access to capital and lower-cost development resources from chinadotcom, Ross should be able to capitalize on its current vertical market expertise and further its footprint. Prior to the acquisition, Ross was forced to prove its viability to prospective and existing customers in order to alleviate worries that the products Read More

ADP and Kronos Help Customers Adapt to the Affordable Care Act


In an effort to help organizations tackle the new requirements of the Affordable Care Act (ACA), ADP has launched a Health Care Reform section on ADP.com while Kronos has released an eBook, Navigating the Affordable Care Act: An Employer’s Guide to Managing Costs and Compliance in an ACA World. New challenges presented by the ACA may affect the following: payroll processing

return on investment metric  and Kronos Help Customers Adapt to the Affordable Care Act In an effort to help organizations tackle the new requirements of the Affordable Care Act (ACA), ADP has launched a Health Care Reform section on ADP.com while Kronos has released an eBook,  Navigating the Affordable Care Act: An Employer’s Guide to Managing Costs and Compliance in an ACA World . New challenges presented by the ACA may affect the following: payroll processing summary of benefits disclosures time and attendance tracking Read More

Plugging In the Universal Adapter


Implementing enterprise software solutions raises numerous obstacles, which can all be attributed to a single cause: users are unable to properly use the software. This is because users grapple with barrages of training methodologies and approaches for each new application. The solution may be a "universal adapter," a synchronized learning content development platform for a wide range of enterprise applications.

return on investment metric  projects, which diminishes the returns on costly technology investments. Yet, all of those stumbling blocks can be distilled into a single point of failure: end users do not know how to properly use the software. Neither enterprise software vendors nor end users are to blame for that breakdown. The vast majority of business software is powerful and highly effective – if it is properly used. And most companies hire and develop employees who are more than capable of learning how to use a new information Read More

2013 Infusionsoft Spring Release Introduced at InfusionCon


The sales and marketing software for small business vendor Infusionsoft has announced at its annual user conference, InfusionCon 2013, the 2013 Spring Release of its product. The version introduces new features that support social engagement, sales productivity, and marketing campaigns. Key features include: Sales Productivity Tools such as My Day—support the organization of

return on investment metric  Infusionsoft Spring Release Introduced at InfusionCon The sales and marketing software for small business vendor Infusionsoft has announced at its annual user conference, InfusionCon 2013, the  2013 Spring Release  of its product. The version introduces new features that support social engagement, sales productivity, and marketing campaigns. Key features include: Sales Productivity Tools such as My Day —support the organization of sales processes and quote creation Social Media Campaign Read More

Workforce Analytics: Changing and Winning the Game


Human resources (HR) is an increasingly strategic player in gaining a competitive advantage, especially in terms of workforce analytics. But HR organizations struggle when they spend too much time gathering data instead of acting on it. By implementing a comprehensive workforce analytics solution, they will start to win the "changing game" and—more importantly—drive corporate results that matter.

return on investment metric  total workforce/employee Human capital return on investment (ROI) Impact of increased investment on business goals and objectives Action needed to change organization Implementation Services Drawing on expertise developed from more than a decade of data warehousing and business intelligence consulting success, DoubleStar supports the implementation of Workforce Insight with a variety of change management and technology-oriented consulting services that ensure long-term success. Assessment Services Read More

How Carolina Color Chose abas ERP


Abas-USA recently announced that Carolina Color Corporation has chosen abas Business Suite for its future planned growth and business. Carolina Color provides accurate matching services and eco-friendly, proprietary colorant solutions for unique customer applications. Carolina Color reportedly started an enterprise resource planning (ERP) selection process in 2007 to replace a homegrown system.

return on investment metric  Carolina Color Chose abas ERP Abas-USA recently announced that  Carolina Color Corporation has chosen abas Business Suite  for its future planned growth and business. Carolina Color provides accurate matching services and eco-friendly, proprietary colorant solutions for unique customer applications. Carolina Color reportedly started an enterprise resource planning (ERP) selection process in 2007 to replace a homegrown system. Abas was invited to participate and was shortlisted with two Read More

Can ERP Meet Your eBusiness Needs?


Businesses cannot afford simply to respond to the next technological innovation; they must learn to respond to change as a constant state. As difficult as it may appear, it is not enough to react to the eBusiness challenges the World Wide Web is presenting today. Companies must position themselves to be able to respond to and take advantage of the next technological advance, whatever that opportunity may be.

return on investment metric  ways to maximize the return on existing investments, with the least amount of disruption to business. So if ERP is not enough, what next? For a comprehensive discussion of this question, see the author''s book ERP Optimization: Using Your Existing System to Support Profitable eBusiness Initiatives available through www.crcpress.com or www.Amazon.com . This is Part One of a three-part note. Part Two will discuss how ERP forms the foundation for today''s successful eBusiness. Part Three cover the effect of Read More

A New Discipline in E-mail Etiquette: Creating Confidence in Enterprise E-mail


E-mail is a powerful business tool that most enterprises can’t live without. Unfortunately, along with its capability of accelerating commerce, productivity, and social interactions, there are some drawbacks—such as spam! Companies that rely on e-mail to do business simply can’t afford the negative affects of spam. However, new technology is emerging that helps stop spam and allows users to get on with business.

return on investment metric  New Discipline in E-mail Etiquette: Creating Confidence in Enterprise E-mail E-mail is a powerful business tool that most enterprises can’t live without. Unfortunately, along with its capability of accelerating commerce, productivity, and social interactions, there are some drawbacks—such as spam! Companies that rely on e-mail to do business simply can’t afford the negative affects of spam. However, new technology is emerging that helps stop spam and allows users to get on with business. Read More

On-demand Manufacturing Planning and Scheduling: How Manufacturers Are Achieving Faster Business Value with Software as a Service


Many manufacturers are seeking to deploy manufacturing technology to satisfy increasingly rigorous business demands. However, the prospect of traditional software implementations can be daunting. Furthermore, managers and executives often cannot wait for IT resources to become available to implement traditional installed software to address pressing manufacturing needs. Many companies are thus willing to consider a new alternative: on-demand manufacturing software.

return on investment metric   Read More

On-demand Business Process Management


The most advanced business process management (BPM) applications bridge departmental and geographic boundaries, and manage the flow of documents and data according to sophisticated process rules. And while many would suggest that an on-demand BPM service offering would most benefit small businesses, a real case can be made that such offerings might be more valuable for medium and large businesses.

return on investment metric   Read More