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Use our ROI (Return on Investment) Calculator to guide your strategy for investment in
B2B solutions from CovalentWorks. CovalentWorks solutions are designed to
help buyers and suppliers improve their efficiency. We have found that most
efficiency gains can be measured. Our ROI calculator is a spreadsheet template for
measuring efficiency improvements and then calculating the value of increased efficiency
for your business.
Supplier Transaction processing costs reductions of 20-25% are possible by automating B2B processes with your partners. A measurable ROI of over 50% within 12 months and over 300% within 24 months can be achieved by directly reducing order processing costs, support costs, and error handling costs. Inventory costs are also possible as new, more efficient processes to manage inventories are put in place.
Relationships can also be tightened through more efficient business processes. Both buyers' and suppliers' costs are reduced. Demand forecast information can be shared and be used to reduce inventories. Larger volumes of product sales may be negotiated based on a more efficient relationship between suppliers and their buyers.
Calculating Your Return on Investment
Our ROI Calculator is designed to help you quantify the hard dollar efficiencies that CovalentWorks can bring to your business. Please do not hesitate to contact us if you have questions about how to apply the calculator to your unique business needs.
