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 estimate spreadsheet


TEC’s I&CM Evaluation Center (Slowly but Surely) Gaining Traction - Part I
A number of earlier TEC articles and blog entries have analyzed the nascent sales performance management (SPM) or enterprise incentives management (EIM

estimate spreadsheet  incorrect payments (many analysts estimate that four to six percent of incentive compensation doled out by businesses is wrong, according to CFO.com ), delayed plan development and payments, and increased ongoing administration and maintenance burdens (whereby direct costs can exceed $1,500 per commissioned employee, according to Aberdeen Group ). Other unfortunate consequences are the failure to keep up with business strategies, the lack of adequate financial controls, and insufficient modeling,

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Browse RFP templates

Visit the TEC store for RFP templates that can save you weeks and months of requirements gathering, and help ensure the succes of your software selection project.

Browse Now
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

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Documents related to » estimate spreadsheet

Customer Relationship Management Strategies Part Four: Strategies and Case Study


Creating specific CRM strategies means developing measurable goals and calculating your ROI to achieve them. These in addition to a technical framework, sales and marketing strategies, including Internet strategies, and customer satisfaction metrics will create a smooth running CRM machine in your company.

estimate spreadsheet  To calculate your ROI, estimate your per-customer cost of implementation. Add to it the cost of maintenance, including head count and overhead (of the employees you've added to support the system), hardware, storage, user education, and upgrades. Multiply this by the number of customers you have. This is the cost of your CRM initiative. Next take your number of customers multiply it by your gross profit, multiply that yet again by your success rate. Take the product and subtract from it the total cost of Read More

FRx Poised to Permeate Many More General Ledgers Part Two: Market Impact


Since FRx already has integrations built to over forty leading general ledgers (and now a scalable tool kit available to accommodate virtually all others), the idea was for users to leverage the investment they have already made in their GL and to add increased functionality as their needs become more sophisticated.

estimate spreadsheet  and the UK. Our estimate is that FRx Software nowadays also contributes around 5 percent of the total MBS revenues of ~$550 million. While ERP and accounting back-office systems and analytics have been inseparable ever since the idea of business automation via IT way back in the 1960s, they have nonetheless had different user experiences, evolutionary paths, and so on. Namely, although ERP systems have positively transformed many enterprises' business processes, many users have still been left feeling as Read More

Identifying the ROI of a Software Application for SCM Part 3: Performing the Data Analysis


By using software tools that help you forecast and work together with others inside your organization, and even with your customers, the forecasts may become more accurate. You can make an assumption on how much improvement might be possible. This part discusses the challenge of performing the data analysis.

estimate spreadsheet  an approximate surrogate to estimate the order of magnitude of the root cause. In those cases, you can get to an answer sooner, albeit a less precise one. As an example, forecasting may be coming from sales. You can probably measure the accuracy pretty well by saving the forecast and then by comparing it with orders or shipments. What is harder to determine is how much better your purchasing, manufacturing and distribution would have been if forecasts were 50% more accurate, or what the bottom line Read More

Software Evaluation and Software Selection


Organizations are surrounded by ambiguity when making their implementation decisions. Accurate and relevant criteria that are properly weighed against an enterprise’s needs, what-if scenarios, and supporting graphics and reports are essential when making a software selection.

estimate spreadsheet  it only appears to estimate performance reasonably well; it does not indicate which pattern is ideal for an enterprise's needs, nor does it identify or measure these patterns as risks inherent to the choice. Consequently, WA falls short of discerning a vendor's true capabilities because it uses one number to describe a pattern of criteria without compensating for any imbalances. A weighted average composite index (WACI) allows greater priority to be attributed to criteria that are considered more Read More

Controlling Project Cost Overruns


This white paper examines how Pertmaster can reduce exposure to project cost risk throughout the project lifecycle by using a combination of a high level cost estimate analysis and a detailed schedule-based cost risk analysis. Contingency and management reserve is also discussed.

estimate spreadsheet  a high level cost estimate analysis and a detailed schedule-based cost risk analysis. Contingency and management reserve is also discussed. Read More

Here Comes aspenONE Software for Acid Gas Cleaning and Safety Valve Sizing


Aspen Technology, Inc. (a.k.a. AspenTech), a provider of software and services to the process industries, announced the availability of the V8.3 release of the umbrella aspenONE software, which includes the new release of the Aspen HYSYS petroleum refining process design and operation suite. The release includes new functionality in Aspen HYSYS software—Acid Gas Cleaning to model gas sweetening

estimate spreadsheet  Comes aspenONE Software for Acid Gas Cleaning and Safety Valve Sizing Aspen Technology, Inc. (a.k.a. AspenTech ), a provider of software and services to the process industries, announced the  availability of the V8.3 release of the umbrella aspenONE software , which includes the new release of the Aspen HYSYS petroleum refining process design and operation suite. The release includes new functionality in Aspen HYSYS software— Acid Gas Cleaning to model gas sweetening units, and Pressure Safety Read More

Next-generation Tool for Software Comparison Hits the Web


TEC has just released the second generation of its flagship software comparison tool, eBestMatch, which allows users to compare enterprise software side-by-side, down to the minutest level of detail. This version (see below to find out how to snag a free trial) provides immediate user responsiveness, giving you the feeling you’re leveraging a slick desktop app rather than a Web page.

estimate spreadsheet  generation Tool for Software Comparison Hits the Web TEC has just released the second generation of its flagship software comparison tool, eBestMatch , which allows users to compare enterprise software side-by-side, down to the minutest level of detail. This version ( see below to find out how to snag a free trial ) provides immediate user responsiveness, giving you the feeling you’re leveraging a slick desktop app rather than a Web page. Thanks to Ajax techniques, which I know sweet squat-all Read More

Outsourcing Security Part 2: Measuring the Cost


Evaluating the cost of outsourcing can be challenging because most organizations cannot fully estimate the financial impact of such a decision.

estimate spreadsheet  most organizations cannot fully estimate the financial impact of such a decision. In fact, a recent InfoWorld outsourcing study of 100 technology professionals said that 61 percent of organizations did not know how much money their company would save in the next 12 months by outsourcing IT functions. This is true for most organizations considering outsourcing security services. When a company considers outsourcing managed security services, it must estimate several variables over the duration of the Read More

Kronos Launches ACA Estimator, Helping Companies Understand Costs of Compliance Strategies


Almost anyone in the US has by now formed an opinion about the Affordable Care Act (ACA) or “Obamacare.” While no law and its regulations are perfect and easily understood, at least being able to weigh the pros and cons of different approaches is critical for companies, and the insight that truly knowledgeable advisors can provide could empower employers to build a sound strategy for managing ACA

estimate spreadsheet  calculates a rough cost estimate for various ACA compliance strategies using company-specific information, including the number of employees; percentage of full-time versus part-time employees; average annual cost of health care per employee; and the cost of living adjustment. Under the Employer Shared Responsibility provisions of the ACA, organizations with 50 or more full-time equivalent (FTE) employees will be required to extend healthcare coverage to all employees who work an average of 30 or more Read More

Federal Contract Management and Vendors' Readiness Part Two: Dealing With the Federal Government


Federal contracts can often be fraught with legal snares for the unseasoned providers.

estimate spreadsheet  date? what is our estimate to completion in terms of both money and time? , how do earned value and actual value compare? , do we have acceptable data to obtain prepayments from our customers based on reaching our milestones? and so on, which are asked on a daily basis, have to be answerable in near real-time. Thus, any government contracting project-oriented manufacturer has to keep track of almost each and every item and part, when it was purchased or manufactured and for which compartment or Read More

10 Tips for Checking Your Software Implementer's References


Your organization has selected to purchase an enterprise resource planning (ERP) software—or any other type of software for that matter. The next step is to find the software provider that will deliver and implement the software for you. This can be the vendor, an independent software vendor (ISV), or an authorized reseller, often called a value-added reseller (VAR). Finding the right service

estimate spreadsheet  example, the closer the estimate is to the final tally, the better the provider knows and understands the client’s business. The criteria above will provide you with a formalized analysis and assessment of the potential service provider’s overall level of commitment and responsibility to an implementation project. And certainly, the more criteria you have, the better visibility you’ll gain on your prospective contractor, and, eventually, the probability of the success of your own project. Read More

Business Intelligence for SMBs: MBS Excel Applications and Competitive Analysis


Companies relying on an Excel or Excel-like system need to know that, while Excel might suffice for ad hoc analysis and data storage for individuals or small groups, the technological flaw of data and referential integrity prevents it from a corporate-wide, collaborative effort like planning and budgeting, not to mention product development and sourcing.

estimate spreadsheet  be available this summer. Estimated retail prices and final availability are yet to be determined. This is Part Two of a two-part note. Part One discussed how Excel is being used to address the need for business intelligence. Competitive Analysis Many believe that Microsoft ventured into the reporting sector of the broader BI market when it first unveiled Microsoft SQL Server Reporting Services in 2003, which has since forced competitors, such as Business Objects , former Crystal , and Cognos to make Read More

mySAP Supplier Relationship Management for the Automotive Industry


In the automotive industry, purchasing has become a critical business component. Some experts estimate that a 4 percent reduction in sourcing costs can add as much to profits as a 10 percent increase in sales. With intense global competition putting constant pressure on vehicle prices, many companies see improved sourcing and procurement as key to increasing margins, profits, and competitiveness.

estimate spreadsheet  business component. Some experts estimate that a 4 percent reduction in sourcing costs can add as much to profits as a 10 percent increase in sales. With intense global competition putting constant pressure on vehicle prices, many companies see improved sourcing and procurement as key to increasing margins, profits, and competitiveness. Read More