Intranet Return on Investment
How does Noodle Intranet save your company money?
With current economic times it is importation that every technology investment should either save or make your company money.
Return on investment calculations have been used for years to show decision makers how a product or service can impact the company’s bottom line. The true value of Noodle can be found in two areas.
* The time saved searching for important information
* Informed & connected employees make better decisions
These two simple points can equate to thousands if not millions of dollars each year for a company.
A simple ROI calculation based on some assumptions.
Simple ROI Calculation |
|
| Hours spent by 1 worker searching for important business information monthly | 12 hours |
| Cost to company for that time spent by that 1 worker monthly | $300 |
| Monthly cost to company with 50 workers | $15,000 |
| Time saved by using Noodle | 50% |
| Value of time saved | $7,500 |
| Value of time saved annually | $90,000 |
The above chart clearly shows when workers can find information more efficiently the company saves money.
