ROI
The ultimate tests of any software system are the improvements it brings in productivity and cost-savings. For decades, Bellwether Software Corp. has demonstrated savings and efficiencies for organizations ranging from small businesses to Fortune 500 corporations.
Here is a recent cost-benefit analysis reported by a Bellwether Software Corp. client:
Purchasing Management eXtra
| Area of Savings |
Before PMX |
After PMX |
| Time to issue, receive PO and present information to pay invoice |
120 minutes – 150 minutes |
4 to 5 minutes |
| Average cost to issue, receive PO and present information to pay invoice |
$83 - $100 |
$14 |
| Total cost per year: |
|
|
| 300 purchase orders |
$24,000 |
$4,200 |
| 3,000 purchase orders |
$240,000 |
$42,000 |
| 30,000 purchase orders |
$2,400,000 |
$420,000 |
|
