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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In today's economy it is difficult for companies to make Capital Purchases. It requires a business justification based on quantifiable business needs and improvement. It becomes imperative that companies assess the business challenges and complete a justification and budget request before driving a software evaluation process.
Don Giesen, Vice President Global Sales, SOLABS
Benefits and ROI