Product 
Benefits and ROI
Benefits and ROI
Benefits and ROI
The return on investment on software is usually calculated using 2 different types of benefits:
- Hard Benefits: Measurable increase in revenue, or cost savings, expected to be realized through the implementation of a policy, program, or project.
- Soft Benefits: Do not provide direct increase in revenue, but can be long term assets for many organizations.
QMS software ROI in a typical GMP organization of 250 system users
Employee time savings
Total yearly cost savings- productivity gain (estimate): 200 000$
ROI (over 3 years): approximately 100%
Additional cost drivers (not computed in ROI)
- Cost of overtime (reactionary culture)
- Cost of poor quality (lack of visibility on operations)
- Cost of preparing for audits
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These days, companies are looking for economical solutions to help them oversee more quality functions and processes with less and less resources. SOLABS addresses mid-size businesses who deal with this challenge every day. Our clients choose our product because it is the easiest QMS software to operate and because we offer personalized QA and IT consulting services. We pride ourselves on offering a product that is transformed into a corporate e-QMS that fits your needs, not ours!
Philippe Gaudreau, CEO, SOLABS
