Start Seeing the Financial Benefits of Steer FSM Solutions with the ROI Calculator
Considering a Field Service Management (FSM) software for your organization? A Return on Investment (ROI) calculator can help you derive an informed decision when choosing the best software for your business.
ROI provides a mechanism for the business leaders and key decision makers to positively make powerful strategies and other major decisions related to the management of a field services company's resources. It is a useful precursor before a full net present value (NPV) business case assessment. An ROI calculator is meant to be used as a high-level indicator of the potential value an investment in FSM software.
Get an estimate of your ROI from Steer FSM Solutions in a few minutes
Steer's FSM ROI Calculator is an investment tool that empowers companies to estimate the profit (or loss) of their investment in Steer.
Our comprehensive ROI calculator enables organizations to compare their efficiency when using Steer vs. manual processing. This gives a better understanding of the benefits of using Steer in your field service management activities.
Thus, the ROI calculator can be helpful in making a data-driven decision on making financial investments in Steer and gauge the potential returns from or the savings that can be expected from using its FSM solutions.
What factors are considered in Steer's FSM ROI Calculator?
The FSM ROI Calculator helps evaluate all the potential benefits companies would get from investing in the platform.
Scheduling time savings
Payroll calculation time savings
GPS coordination and fuel savings
Billing cycle improvement
Faster cash conversion cycle
Savings on call center costs (through self-service enablement)
New Revenue Generated
Steer also provides a calculation of organizations' potential new revenue opportunity when enabling freelancers perform jobs
It should also be noted that a number of intangible factors that accompany the use of Steer FSM software, like improved customer satisfaction, higher retention rate, SLA Compliance, and better forecasting, haven’t been factored into the Steer FSM ROI calculator which should also be factored in while making the decision to invest in the solution.
Why use the Steer FSM ROI Calculator?
The biggest benefit of using the FSM Steer ROI Calculator is that it helps organizations and the financial professionals to quickly check the profitability of their investment and thus saves them time and money from making hasty buying decisions.
With Steer's FSM ROI Calculator, business leaders are able to:
Quantify business expectations concerning their FSM business – quickly evaluate the investment in the Steer FSM application and check the savings and the returns on that investment
Develop a structured approach to measuring direct (and indirect returns) from the investment in Steer FSM Applications
Assess the impact of a project on your company’s bottom line and evaluate the possibility of getting the Steer Platform for field service management
How to easy is it to use the Steer FSM ROI Calculator?
In using the tool, users would be required to input a number of variables. From these, the ROI computations will be generated based. Users may also have a look at the Assumption Sheet where some of the industry standard metrics have been included. Should the users wish to edit any of that based on your unique requirements, they may also do that in the same sheet and the figures be reflected on the final ROI computations.
Quickly check how far your investment can go with Steer's FSM ROI Calculator
Steer FSM ROI Calculator helps organizations and financial professionals to instantly check the potentials of their investment in Steer. Download the full Steer FSM ROI Calculator HERE.