Making the leap to new technology can be complicated and can be a step away from the familiar and into the unknown. However, staying with outdated systems or limited software can block growth and make scaling and business expansion simply impossible.
When considering a new ERP solution, most businesses only calculate the cost to purchase, implement, and maintain the software, but determining the projected return on investment (ROI) is also critical.
Acumatica has teamed with Nucleus Research, the leading provider of technology research and consulting, to develop a new and improved ERP benefits calculator. The research behind the calculator uses independent and unbiased calculations based on ROI-driven technology insights and case-based investigative studies by Nucleus Research. In addition, Acumatica provides a free ERP ROI eBook to help business leaders understand areas where they can achieve a return on investment for ERP applications like Acumatica: How to Calculate ERP Software Return on Investment (ROI)
Why Understanding the Benefits of ERP Technology is Important
Many small to midsized businesses have ambitious growth aspirations but often are shackled by legacy systems that fail to leverage the power of the cloud and new technologies. Other solutions are fine at helping a business get started, but leave the organization limited in how much they can grow and expand their operations. Acumatica believes that in the journey of business growth, you should be driven by ambition, not held back by software.
Some ERP benefits are not easily quantified, such as:
- Improving staff retention through ease-of-use and productivity.
- Fixing errors in a timely and economical way.
- Centralizing documentation online.
- Providing constant data availability in a single source of truth.
- Making faster decisions due to increased visibility.
The promise and potential of your organization fueled by a comprehensive business management solution can be very exciting, but decisions on implementing and transitioning to a new system should not be made on faith alone. You need data and evidence of the cost savings you can experience as well as the benefits you can expect when using a system that works for you. Getting an understanding of what is possible can be time consuming – but Acumatica’s new benefits calculator makes it easy.
Calculate your ERP Cost Savings in Minutes
With Acumatica’s new ERP benefits calculator, discover how you can:
- Drive revenue with valuable insights
- Reduce costs with automation
- Optimize performance and grow profits
- Increase productivity and lower costs
By simply answering questions in four categories, you can begin to quantify your cost savings. Understand how you can get efficiencies in the period close process. Understand how ERP technology can improve the period close process, streamline operations, reduce errors, and minimize IT costsby connecting all of your systems and applications. All this can just take 10-15 minutes and you will begin to understand the top-level savings that you can experience by moving to Acumatica ERP. Results from these calculations will be emailed to you and you will have the opportunity to connect with one of our experts to review your results.
Independent, Unbiased Calculations
Nucleus Research is the recognized global leader in ROI technology research allowing small and midsized businesses to quantify and maximize the return from their technology investments. The Acumatica ERP calculator delivers independent and unbiased calculations based on ROI-driven technology insights and case-based studies by Nucleus Research. This enables you to get easy access to benefits and cost savings so you can:
- Improve period close: Results from Nucleus surveys have shown that most respondents listed shorter time to close as one of the top benefits of deploying Acumatica.
- Strealine operations: Surveyed businesses also said Acumatica made their workflows more productive. Streamlining repetitive workflows and approvals saved time that staff members, accountants, and line of business managers could reallocate to other tasks.
- Mitigate Data Entry Errors: Nucleus has found that many organizations reduced errors by implementing integrations and automated workflows. This often eliminated more than 75% of the time accounting staff spent resolving material errors. It also reduced the total number of errors and increased overall confidence in report accuracy.
- Reduce IT Expenses: Organizations deploying Acumatica noted they were able to consolidate activities in a single system. This eliminated the cost of continued use, maintenance, and support for multiple applications. They also avoided future application purchases, user license fees, and custom application development. Nucleus has found that most organizations deploying Acumatica eliminated 100% of these current and expected costs.
Keep in mind, though, that every company’s situation is different, which means their needs, and the solutions that will fill those needs, also differ. The ROI for one business will not necessarily apply to another. Acumatica’s ERP ROI calculator can help you navigate these uncertainties and calculate an ROI that is specifically yours.
Calculate ERP ROI with Confidence
Companies need to determine their possible ROI before actually investing in an ERP system. The Calculate ERP Software Return on Investment (ROI) eBook is a simple, effective way to do so. Our cloud-based ERP solution is also a simple, effective tool for successfully managing business operations at all levels.
For example, Ethan Platt says that Acumatica has helped AMI, not only operate on a large scale, but also reach “the level of gritty detail that matters to us and to the customer. … You need to have a tool like Acumatica that’s integrated with all the other tools you have in place to meet…consumer expectations.”
Please contact us if you have any questions or would like to set up a demonstration.