TrackVia's ROI Calculator Streamlines Quality Management Workflow
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TrackVia's ROI Calculator Streamlines Quality Management Workflow

By CIOReview | Monday, January 25, 2016

DENVER, CO: TrackVia, mobile workflow management solution provider recently launched new online ROI calculators that help firms gauge the financial benefits of streamlining key quality management workflows. TrackVia’s customizable Return on Investment (ROI) calculator assists companies to comprehend on how the optimization of quality operation can reduce cost and increase organizations profit. 

Charles Var, Vice President of Marketing at TrackVia asserts that most people in business are intuitively aware of being able to better track and manage critical operational processes like quality inspections or management, will help them save time and money. He adds that till now, it’s been really difficult to quantify or even estimate the potential savings with hard numbers backed by real-world data.

The calculator leverages data from several sources, including the U.S. Department of Labor, U.S. Bureau of Labor Statistics and several third-party research organizations. It helps in generating unique results based on the inputs given by the user like number of employees, annual revenue, operating costs and other simple questions. Users can modify the calculation to align with their specific industry. Along with the modification, users also can request a complimentary report complete with visual charts to review or share with co-workers or their executive team.

The quality operation can be improved by creating new revenue streams that drive sales growth; decreasing inefficiencies that result in lower labor and operating costs; mitigating risk caused by error-prone paper; improving employee decision making and increasing customer satisfaction.

“Instead of walking into your boss’ office and explaining how you ‘think’ a workflow solution like TrackVia will improve efficiencies and reduce costs, you can actually make a business case with real-world numbers,” asserted Charles.