NEW QUALITY MANAGEMENT ROI CALCULATOR FROM TRACKVIA QUANTIFIES BENEFITS OF BETTER QUALITY MANAGEMENT
Free Online Calculator Shows How Improving Quality Management Processes Can Reduce Costs and Increase Profits by as Much as 500%
DENVER, JANUARY 12, 2016 — TrackVia, a new breed of workflow management solution that helps business gain insight and control over their critical operational processes, today unveiled a new online quality management ROI calculator to help companies estimate the financial benefits of streamlining key quality management workflows such as quality control checks, NCR/CAPA/remediation management, inventory and asset inspections, equipment maintenance tracking, supplier management, compliance or safety audits and more.
“Most business people intuitively know that being to able to better track and manage critical operational processes like quality inspections or management will help them save time and money,” said Charles Var, VP of Marketing at TrackVia. “Until now, it’s been really difficult to quantify or even estimate the potential savings with hard numbers backed by real-world data.”
TrackVia worked closely with Stratavant to develop the calculator, leveraging data from several sources, including the U.S. Department of Labor, U.S. Bureau of Labor Statistics and several third-party research organizations that study and survey manufacturing firms. The quality management ROI calculator generates unique results based on inputs by the user, such as number of employees, annual revenue, operating costs and other simple questions. Users can also adjust the calculations to align with their specific industry or business.
The TrackVia ROI calculator provides users with insight on how operational improvements can:
- Create new revenue streams that drive sales growth.
- Decrease inefficiencies that result in lower labor and operating costs.
- Ensure compliance and reduce risk caused by error-prone paper- or spreadsheet-based processes.
- Improve employee decision making and increase customer satisfaction.
The TrackVia quality management ROI calculator is completely free to use. In addition to viewing their personalized results online, users can request a complimentary report complete with visual charts to review or share with co-workers or their executive team. They can even save their progress in the tool for later use for up to 90 days.
“Instead of walking into your boss’ office and explaining how you ‘think’ a workflow solution like TrackVia will improve efficiencies and reduce costs, you can actually make a business case with real-world numbers,” added Var.
TrackVia is a new breed of mobile workflow management software designed to help companies streamline their critical operational processes. We help unite business people and workers with all their data, processes and collaborations in one environment with highly configurable apps that can be accessed on any mobile device. More than 1,500 businesses in 14 countries rely on TrackVia, including Honeywell, Navistar, DIRECTV, Dow, Brinks and others. Learn more at www.trackvia.com.
Lisa K. Moore
303-278-1223 ext. 231