Costs & Benefits

All business endeavors are based on Return on Investment (ROI), payback calculations and other financial methodologies. Custom Software Development is not an exception to this process.

A simple formula for determining ROI = (Benefits-Costs) / Costs

A list of factors to considering in determining Costs and Benefits are identified below.

Benefits	Costs
Reduced Operating Costs Increased Productivity Improved Customer Service Lowered Physical Inventory Increased Sales Better Management Decision Making	Project Definition Cost / Benefit Study Custom Development Training and Documentation Data Conversion Startup Training

Many of these benefits are difficult to measure and even harder to quantify in terms of dollars. Let our expert staff use standard techniques to help you measure the reward of a custom software project.

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