MyWorkPLAN ROI (Return on Investment)
MyWorkPLAN can be implemented quickly and will easily pay for itself within months. Savings immediately start to accrue across your business and your profits soon pick up.
Take a look at how MyWorkPLAN will pay back in just some of the following areas…
In our experience, depending on your company size and current organization, you could save anywhere between $20,000-80,000 per annum.
Please contact us for a free calculation of what savings and return on investment MyWorkPLAN could bring in your particular business case.
Reduced Running Costs
Cost reductions accrue from a reduction of manpower time/cost, material costs and errors.
With MyWorkPLAN you :
- Eliminate time/cost of staff searching for information (estimated at 10% of staff costs by analysts)
- Reduce manpower costs as work flow and numerous processes are automated
- Keep inventory levels just above the minimum necessary due to efficient scheduling, purchasing and job tracking.
- Reduce costs associated with ‘human error’ (miskeying, misfiling, oversights, etc)
- Minimize time/cost required to input new data as you can do this ‘on the fly’
- Maximise the use of your machines and employees, by managing your ‘load by resource’
- Avoid late delivery penalties.
MyWorkPLAN will help get your costs down and keep them down.
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Accurate and Profitable Quotations and Jobs
You need no longer lose a job or erode your margin by quoting too high or too low.
With MyWorkPLAN:
- Pricing decisions and quotations are based on facts & records within the system rather than feelings.
- CAD data can be analysed precisely by the integrated MyWorkPLAN ‘Analyzer’ tool and you can quote with pinpoint accuracy.
- The customizable ‘technical criteria’ allow you to quickly create specifications for a new quote and compare it to previous similar jobs or quotes, which you can copy and adapt.
- An integrated Excel interface allows you to perform any type of detailed cost calculations.
- Purchase costs and time spent on jobs can be viewed in real time and compared against plan so you can keep your profitability on track for every job in progress.
You safeguard your profit margins throughout the entire process.
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Transformed Customer Services
With international companies competing on price and increasingly on quality, you can gain a real competitive advantage by focusing on service excellence.
With MyWorkPLAN you:
- Get your quotations out much faster (research shows that 70-80% of prospects select the supplier who responded first) as cost and scheduling information is at your fingertips.
- Know the status of all jobs in real time and can respond instantly to customer queries.
- Spot and avoid any capacity problems before they arise, whether for your machines, employees or work departments.
- Meet delivery deadlines, enhancing your service reputation and avoiding late delivery penalties.
Unbeatable service delivery inevitably results in greater customer retention, repeat orders and recommendation.
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Increased Staff Productivity
As you know, manpower is expensive and skilled staff are in increasingly short supply.
You may also be vulnerable when key staff are off sick.
MyWorkPLAN frees your people to do the work that computers cannot do.
How?
- By efficiently managing time staff spend on each task, with tools that allow you to capture all times spent on productive or non-productive tasks, in real-time.
- By automating work and information flow across the business, thereby eliminating staff time spent on information searching and tedious manual data entry and report generation
- By capturing and sharing all job knowledge and information within the system, so you are less dependent on particular individuals.
- By providing easy to learn and use software enabling staff to work quickly and efficiently
This means you do more with less. Staff can spend more time on value-added and revenue generating type work.
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Improved Cash Flow Management
As everybody knows too well, cash flow is the lifeblood of any company.
With MyWorkPLAN:
- You compress the cycle time from purchasing goods or services and receiving payment for orders from customers
- Keep inventory and work-in-progress levels to the minimum necessary, releasing working capital
- Monitor jobs in real time, avoiding costly problems and ensuring on-time completion and invoicing
- You have advanced visibility of payment schedules for sales and purchasing invoices, which allows you to detect cash problems before they are picked up in the accounting system.
MyWorkPLAN can help you reduce your financial costs and improve your cash flow.
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