X
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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 roi definition


Requirements Definition For Package Implementations
How do you go about defining the requirements of large package systems, particularly those with the all-encompassing scope of ERP, EAM, and CRM software, and

roi definition  when determining the cost/benefit, ROI, or payback period, you need to consider the total cost of the enhancement. A useful control technique regarding enhancements is to assign budgetary responsibility for enhancements to each user department. In so doing, departments are more adapt to control themselves as to the necessity of an enhancement Summary Perhaps an example will illustrate how the As Is, To Be, and Gap Analysis phases can work together. Assume that your company's current business practice

Read More


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

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 order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today’s leading ERP systems group all traditional company management functions (finance, sales, manufacturing, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. During the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The foundation of any ERP implementation must be a proper exercise of aligning customers'' IT technology with their business strategies, and subsequent software selection. 

Evaluate Now

Documents related to » roi definition

The ROI of Your Labor Force


Improving workforce performance can drive corporate performance. Even seemingly small changes in workforce productivity can have a huge impact on the bottom lines of large organizations. Learn how deploying workforce management (WFM) technology can transform your company’s operations, and provide data that improves core human resources (HR) applications like workforce planning, recruiting, and performance management.

roi definition  Processing Timesheets | Infor ROI Articles | Infor Labor Force Articles | Infor WFM White Papers | Technology Evaluation Centers Workforce Management Whitepapers | What is Workforce Management | What WFM Means | Why Use Workforce | What is Labor Force | Labor Force Definition | What Ees Means | Employee Self Service Definition | Reducing Gross Payroll Expenses | Monitoring Labor Performance in Real Time | Automating Pay Rules | Infor Human Resource Software | Infor Human Capital Management | ROI of Your Read More

ERP: Is High ROI with low TCO Possible?


Total cost of ownership (TCO) remains a significant factor influencing enterprise resource planning (ERP) strategies and decisions. But focusing exclusively on TCO runs the risk of delaying necessary ERP projects. Companies should also consider return on investment (ROI) of such projects. Find out what the average company should expect to pay for ERP and how the business can benefit from a successful implementation.

roi definition  Is High ROI with low TCO Possible? Total cost of ownership (TCO) remains a significant factor influencing enterprise resource planning (ERP) strategies and decisions. But focusing exclusively on TCO runs the risk of delaying necessary ERP projects. Companies should also consider return on investment (ROI) of such projects. Find out what the average company should expect to pay for ERP and how the business can benefit from a successful implementation. Read More

ROI: Are You Ready to Walk The Walk?


ROI marketing is just starting to become mainstream. ROI selling is already out there, further advanced in adoption because of its perceived relevance to the selling process. It won't be long before several B2B software companies position their products as providing a superior ROI. Read on to find out if it's the right position to claim.

roi definition  Proof is in the ROI . We heard from a number of executives at business to business (B2B) software companies with spirited comments and questions about using return on investment (ROI) in selling and marketing. At the end of this column, you'll find answers to some of the questions from readers. One question that wasn't asked was Is saving time and money a good position to claim? Surprised? Think about it. ROI marketing is just starting to become mainstream. ROI selling is already out there, further Read More

Accelerate ROI for Business Process Management (BPM)


Business process management (BPM) consists of software and expertise, designed to improve the performance, visibility, and agility of business processes. With the right BPM solution, organizations can break down silos of information, streamline workflows, and help business professionals work better by working together. Learn about BPM solutions designed for rapid deployment and quick return on investment (ROI).

roi definition  Process Management Articles | ROI for Business Process Management | BPM Best Practices | BPM Project Investment | Implementation of BPM Solutions | BPM Solution from IBM | Business Process Management Market | Business Process Management Workflow | BPM Customers | Best Business Process Management Model | BPM Leaders | BPM Lifecycle | Business Process Management Strategy | Prebuilt BPM Content | BPM Management | BPM Strategies | BPM Best Practice | Business Process Management Product | Business Process Read More

How to Calculate the Return on Investment (ROI) On a Digital Signature Solution


More and more companies are implementing digital signature solutions, allowing a completely electronic workflow, from document creation through to its signing, archiving, and auditing. You no longer have to interrupt your streamlined electronic processes by reintroducing paper into the workflow. This white paper will help you establish the return on investment (ROI) that your organization can achieve by deploying a digital signature solution. Also included is a chart summarizing the figures you need in order to calculate your own ROI.

roi definition  the Return on Investment (ROI) On a Digital Signature Solution More and more companies are implementing digital signature solutions, allowing a completely electronic workflow, from document creation through to its signing, archiving, and auditing. You no longer have to interrupt your streamlined electronic processes by reintroducing paper into the workflow. This white paper will help you establish the return on investment (ROI) that your organization can achieve by deploying a digital signature solution. Read More

The Three Rs of RFID: Rewards, Risk, and ROI


Prominent organizations and retailers, such as Walmart and the US Department of Defense are taking advantage of radio frequency identification, which promises real time tracking of products from the manufacturing floor to the checkout terminal. Despite the typical risks associated with adopting any early-stage technology, the competitive advantage and bottom-line business benefits of RFID are significant to both retailers and suppliers. It can significantly decrease warehouse, distribution, and inventory costs; increase margins; and enhance customer service.

roi definition  RFID: Rewards, Risk, and ROI Introduction The promise of radio frequency identification (RFID) is every supply chain manager's dream—real time tracking of every single product, from manufacture to checkout. Compared to universal product code (UPC) bar coding, which RFID promises to replace, RFID proactively transmits information, eliminating the manual point-and-read operations needed with bar coding. This enhanced visibility could significantly decrease warehouse, distribution, and inventory costs; Read More

ROI for RFID: A Case Study Part One: Company Background


Radio frequency identification (RFID) is the latest buzzword in the world of manufacturing and distribution technology. If you believe the press releases, it is a panacea and cure-all for what ails the industry. While RFID may not solve world hunger, you may not want to propose a solution without it. This research note looks at a recent and successful, implementation of RFID, examining the characteristics of the process and common obstacles and speed bumps to avoid.

roi definition  for RFID: A Case Study Part One: Company Background Introduction With the cost of computer chips consistently decreasing, embedding technology in the product is becoming a cost-effective reality. This is the theory of radio frequency identification (RFID) and the embedding of specially activated tags in products, product packages, and product platforms. Specifically, RFID tags are small integrated circuits connected to an antenna, which can respond to an interrogating RF signal with simple identifying Read More

Practices for Selecting WAN Optimization Solutions: Benchmarking Performance ROI


As businesses become increasingly dependent on the effective delivery of IT services over global networks, technologies that optimize application performance over wide area networks (WANs) become more competitive. But how do you know which WAN to choose when there are so many solutions on the market? By learning about WAN best practices and principles, and by making comparative evaluations of competing vendors’ offerings.

roi definition  Optimization Solutions: Benchmarking Performance ROI As businesses become increasingly dependent on the effective delivery of IT services over global networks, technologies that optimize application performance over wide area networks (WANs) become more competitive. But how do you know which WAN to choose when there are so many solutions on the market? By learning about WAN best practices and principles, and by making comparative evaluations of competing vendors’ offerings. Read More

ROI Systems MANAGE-s Well Past 2000 Part 2: Impact and Recommendations


Expanding incrementally, with goals that are carefully balanced with providing excellent customer support, close attention to the bottom line, and leveraging a tried-and-true business model, partnerships and technologies has been ROI Systems' formula of success. It is now in a position to move forward with its plans for further needed product enhancements, staffing expansion and company growth, at a time when many of its peers continue to struggle.

roi definition  Summary On March 13, ROI Systems , Inc. ( www.roisystems.com ), a privately held provider of extended ERP software systems, with its headquarters in Minneapolis, MN, announced that Indiana-based Core Business Software Solutions (CBSS) would serve as a business partner in its Midwest region. CBSS, a technology consulting firm, will distribute and implement ROI Systems' MANAGE 2000 extended ERP system. CBSS's decision to distribute ROI's MANAGE 2000 was reportedly based mostly on the system's demonstrated Read More

The ROI of Talent Management


Over the past decade, talent management initiatives have become one of the top priorities within global organizations. While the business value of talent management investments is often recognized discretely through increased efficiency, organizations have frequently found it challenging to quantify the actual business impact or return on investment of their talent management initiatives.

roi definition  ROI of Talent Management Over the past decade, talent management initiatives have become one of the top priorities within global organizations. While the business value of talent management investments is often recognized discretely through increased efficiency, organizations have frequently found it challenging to quantify the actual business impact or return on investment of their talent management initiatives. Read More

ROI Systems Defies The Odds Through Delighted Customers Part Three: Strengths, Challenges and User Recommendations


ROI System is definitely a "user's vendor" that should raise the bar for customer care best practices amongst its competitors.

roi definition  User Recommendations Strengths Recently, ROI Systems , Inc. ( www.roisystems.com ), a privately held provider of extended ERP software systems, with its headquarters in Minneapolis, MN, reported profitability for the year 2002. ROI's revenue and number of employees reportedly grew over 6%, while a significant increase in profitability (i.e., a whopping 212% net profit growth) was achieved over 2001. The company also reported record software sales in December 2002, making the last quarter of 2002 the best Read More

ROI Case Study: IBM Business Analytics, Accelrys


IBM Cognos Express Xcelerator helped this software and services company earn a 586 percent ROI in just three months by providing deeper insights about products, services and costs.

roi definition  earn a 586 percent ROI in just three months by providing deeper insights about products, services and costs. Read More

Manufacturing: Realizing Enterprise ROI


Today more than ever, companies are looking for near-term return on investment (ROI)—and the sooner, the better. That’s why successful solution vendors must now use a much more analytical approach to selling. Customers want assurances that an investment will pay for itself over an acceptable time period—either by increasing the top line, decreasing operating expenses, or both.

roi definition  Realizing Enterprise ROI Today more than ever, companies are looking for near-term return on investment (ROI)—and the sooner, the better. That’s why successful solution vendors must now use a much more analytical approach to selling. Customers want assurances that an investment will pay for itself over an acceptable time period—either by increasing the top line, decreasing operating expenses, or both. Read More

Whose ROI is it Anyway? Part One: Introduction


With growing frequency, we hear business and IT managers asking a technology vendor to "justify the expenditure" or "demonstrate the ROI" on their particular hardware, software or service offering. In some cases, this may be possible.

roi definition  ROI is it Anyway? Part One: Introduction Introduction After a few years of incredible hype and some very wishful thinking, enterprise software has finally returned to reality. Plans and promises that assumed the repeal of business fundamentals have disappeared along with the sky-high stock prices for some software vendors. But, we've been here before. In the early 1990s, we thought manufacturing automation would revolutionize business for all time. And in some ways it did. But it did not eliminate the Read More