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Software Functionality Revealed in Detail
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 roi minimizing maintenance costs

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 » roi minimizing maintenance costs

Minimizing the Total Cost of Technical Support for Enterprise Applications


Many organizations don’t follow formalized processes for technical support evaluation. However, technical support is a vital component of any enterprise software solution. The fact is, poor technical support can have a severe impact on a solution’s total cost of ownership.

roi minimizing maintenance costs  and return on investment (ROI). The impact is even more severe if the solution is not a proper match for the business. Poor technical support impacts the life cycle of the solution, and also causes frustration for the people actually using the solution—this can translate to increased stress in the workplace, which is another indirect cost that nobody wants. To reiterate, when an enterprise is searching for a solution, they want to look at the following factors for each vendor: What type of service does Read More

Reduce the Pain of ERP Upgrades with Better Planning


Enterprise resource planning (ERP) systems now support many organizations’ most important business processes, and house their most sensitive corporate data. As a result, senior management needs to fully understand both the timing and project plan before proceeding with any ERP upgrade. Learn how to plan and manage your next ERP upgrade project, and develop an overall corporate strategy for maintaining your ERP system.

roi minimizing maintenance costs  ERP Enterprise resource planning ROI Return on investment The Bottom Line The key to minimizing the pain of ERP upgrades is to have both a long-term ERP lifecycle strategy and a comprehensive tactical plan for the actual upgrade project. Executive Summary In many organizations, the ERP system has become the application support for the majority of business processes and the repository for the corporation''s most sensitive data. As these systems become more important and pervasive, there are often conflictin Read More

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 minimizing maintenance costs  to operational impact. The ROI associated with optimizing these processes—labor forecasting and scheduling, time and attendance, and operational self-service—provides a tremendous opportunity for HR to positively affect the income statement. Labor forecasting and scheduling Accurate labor forecasting and efficient workforce scheduling is critical to optimal workforce performance. For many organizations, this is a cumbersome, ineffective process, and supervisors spend many hours a week building shifts Read More

Where Is ERP Headed (Or Better, Where Should It Be Headed)? Part 4: ASP’s and New Pricing Models


This final note discusses how Application Service Providers (ASPs) have arisen on the Internet in response to such ERP woes as support expenses, misbehaving applications, and server downtime, and how as the nature of ERP software evolves into services and/or hosted models, the market might be experiencing the beginning of the end of user-based licensing. There are also User Recommendations.

roi minimizing maintenance costs  measurable return on investment (ROI). To that end, the licensing of ERP software products is undergoing a fundamental shift from traditional up-front fees to incremental or success-based pricing. Success-based pricing is a popular alternative especially for small businesses and startups that lack the IT budgets of larger, established companies. It allows these companies to acquire software for a lower entry cost and pay more only as their business expands. Implications of This Trend  Vendors who embark Read More

Reliability Driven Maintenance--Closing the CMMS "Value Gap"? Part Two: Reliability Driven Maintenance


Reliability driven maintenance (RDM) focuses on understanding the "asset health" to determine what maintenance work should occur and when something should be done. It enables preemptive intervention before failure occurs, whereby failure would mean that equipment is not delivering required performance regardless of whether it is actually broken down or not.

roi minimizing maintenance costs  demonstrate return of investments (ROI) from EAM systems, which has been well noted by Ivara, given its emphasis on building a business case for every prospective customer. Further, enterprises require an ever broader suite of extended enterprise resource planning (ERP) functionality ranging from a strong engineering foundation and customer service front end to support demand management, all bundled with a set of administrative and reporting capabilities and integration to financial and human resources (H Read More

Enterprise Payback: Qualitative and Quantitative Factors in the ROI Equation


The requirement that enterprise software vendors deliver a measurable return on investment (ROI) has never been greater than right now. Customers are demanding that ROI analysis be a critical factor in their decisions to acquire new enterprise software. Without a demonstrable return, few customers are willing to invest scarce capital and human resources in new enterprirse software. A more complete analysis of return can be had by looking at the overall payback that enterprise software can offer to a company. Enterprise software payback includes not only quantifiable improvements in bottom and top line functionality, but also more qualitative measures-—such as new business opportunities, improved customer and partner relations, and improved time to market—-that contribute significantly to the success of a company's enterprise software implementation and use.

roi minimizing maintenance costs  Quantitative Factors in the ROI Equation The requirement that enterprise software vendors deliver a measurable return on investment (ROI) has never been greater than right now. Customers are demanding that ROI analysis be a critical factor in their decisions to acquire new enterprise software. Without a demonstrable return, few customers are willing to invest scarce capital and human resources in new enterprirse software. A more complete analysis of return can be had by looking at the overall payback Read More

Managing Costs More Effectively: Sustaining a Lean Organization in Demanding Times


All midsize and larger companies think they have systems in place to manage costs, so they give this issue little ongoing thought. They may be blind to the limitations of the systems they’re using and the improvements to cost management they can achieve. This paper identifies the information technology (IT) components used in cost management to enable finance executives to identify areas of improvement.

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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.

roi minimizing maintenance costs  case,Intentia,maintenance,EAM,diagnostic Read More

Impact the Bottom Line, a Business Case For Reliability-Driven Maintenance


Many external factors are forcing companies to focus on cost efficiencies to gain a competitive advantage. As a result, maintenance organizations are now being charged with the responsibility to contribute to the bottomline. The condition, availability and reliability of site assets affect a company’s ability to meet fluctuations in market demands, maintain quality and safety levels, and minimize product losses. Improving asset reliability impacts the bottom line. Learn how to develop a business case to justify reliability-driven maintenance.

roi minimizing maintenance costs  statistic,impact,Ivara,maintenance,study 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.

roi minimizing maintenance costs  reducing costs,cost structure,competitive pricing,operational efficiency,operating efficiency,,competition based pricing,reduce cost,lower benefits costs,reducing business costs,competition pricing,operation efficiency,pricing strategies,pricing software Read More

Service Parts Planning for Maintenance Management


Whether you have a small network with a couple of printers and a fax machine, or a sophisticated shop floor using robots, cranes, etc., you have to make sure your assets are functioning properly. One of the main challenges is finding the right spare part to repair your equipment. There are two facts that are certain in the enterprise asset management (EAM) world: 1. your equipment will break

roi minimizing maintenance costs   Read More

Driving Costs Out of the Supply Chain: Inbound Logistics


One of the most neglected areas of the manufacturing and retail supply chain is the inbound logistics segment. Following best practices and creating a collaborative allows companies to save money and streamline operations.

roi minimizing maintenance costs  Costs Out of the Supply Chain: Inbound Logistics Driving Costs Out of the Supply Chain: Inbound Logistics If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Infosys’ experts identify opportunities in the supply chain to reduce the carbon footprint of a consumer product and realize cost savings. Source : Infosys Technologies Resources Related to Driving Costs Out of the Supply Chain: Inbound Logistics : Supply Chain (Wikipedia) 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.

roi minimizing maintenance costs  higher return on investment (ROI) from existing enterprise software investments are two of the most appealing benefits of third party S&M agreements for such organizations. The proven benefits these clients are enjoying have validated the industry and eliminated the perceived risks that have long been perpetuated by software vendors. Third party S&M options have a place in the market, as they do reduce the cost (and the pain) of paying for support (especially for new and unneeded product releases). In Read More

Cloud Delivers 1.7 Times More ROI


Companies continue to invest in cloud applications because of low upfront cost and faster time to deployment, but those are not the only reasons to move to the cloud. Beyond their initial payback, Nucleus Research found that cloud applications deliver 1.7 times more return on investment (ROI) than on-premise ones, largely because four out of five cloud deployments deliver increasing benefits over time. Download research note.

roi minimizing maintenance costs  Delivers 1.7 Times More ROI Companies continue to invest in cloud applications because of low upfront cost and faster time to deployment, but those are not the only reasons to move to the cloud. Beyond their initial payback, Nucleus Research found that cloud applications deliver 1.7 times more return on investment (ROI) than on-premise ones, largely because four out of five cloud deployments deliver increasing benefits over time. Download research note. Read More