 Contact us at:
800.676.4034
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360°-ROI
Determine the True Business Value of ToolWatch—Objectively
Our 360°-ROI program is a comprehensive and objective business-case justification program. It can help provide the objective investment justification you require while establishing a baseline for continued ROI assessment and process adjustments after the system is deployed.
How it Works
The process begins with an informational questionnaire that targets key business objectives in several areas, such as improving tool loss and tool hoarding, increasing field productivity and improving regulatory compliance. The program offers extensive flexibility to compare alternative scenarios, perform what-if analysis and assess the impact of deploying ToolWatch across multiple locations within your organization.
Establish a Baseline
After the answers to the questionnaire are entered, the ToolWatch ROI analyst performs the financial calculations in real time. The results include an analysis of the expected benefits and costs, as well as the projected return on investment and expected payback period. Some of the key investment calculations include net present value, risk-adjusted net present value and internal rate of return.
The calculations and analyses are presented in an easy-to-read report that includes chart and graphic illustrations, giving you the information and insights you need to better assess the potential impact of implementing our solutions.
Compare and Adjust
A few months after going "live" on ToolWatch, we'll help you measure the financial and productivity impact to-date. We'll also make (and help you implement) recommendations that will enable you to achieve additional performance improvements.
To learn more about our 360°-ROI program and how to schedule a business case analysis, contact our ROI Representatives today.
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