As a CFO, key performance indicators play a crucial role in my daily job. And there is one KPI that really stands out when it comes to assessing the value of an investment: ROI – return on investment.
ROI can also be a convincing proof point for IT managers trying to assess if an investment in IT makes sense. Especially when you see that only 5% of companies going through digital transformation manage to achieve their expected results. And that 70% of their past investments in transformation initiatives have been wasted on failed programs.
These days, external pressure for transformational change is greater than ever before. Your company must continually adapt the business model and operations to new challenges to differentiate itself from the competition and achieve a high level of customer satisfaction. As transformation initiatives are vital, you need to prove and justify investments with performance, execution, efficiency and control.
So how can you be sure to sensibly invest your money? And how to prove it to your management? The solution is very simple. One of the best arguments to convince them of a positive financial impact on the organization is the ROI.
ROI can be used to quantitatively evaluate the profitability of investments and is expressed as a percentage of profit in relation to the investment amount.
As a CFO, I’m constantly striving for a positive ROI in all investment areas. And, as CFO of Software AG, I am delighted to see the external recognition of the financial benefits of ARIS by Forrester Consulting.
The recently published study*, “Total Economic Impact™ of Software AG’s ARIS,” gives clear direction and benchmarks on the potential of ARIS, Software AG’s leading business process transformation solution.
The study found that ARIS customers can enjoy:
- 301% ROI and nearly $8 million in total benefits over three years
- 25% less time spent on business process analysis
- 40% faster set-up and rollout of transformational processes
- Improved speed and quality of transformations generating millions of dollars.
But also less-quantifiable, yet remarkable benefits such as:
- Avoidance of millions of dollars in process governance, risk management and compliance management fines (e.g. huge fines for GDPR breaches)
- Better customer and employee experience from optimized processes.
Interested in more KPI’s? Download the full study for free by clicking below.
*The Total Economic Impact™ of Software AG's ARIS is a commissioned study conducted by Forrester Consulting on behalf of Software AG.