Understanding the ROI Calculator
Asset Panda offers an ROI Calculator that provides valuable insights into the potential return on investment your company could achieve by using their asset tracking solution. The calculator takes various factors into account, such as the number of users, total assets, average asset value, estimated assets lost per year, and the percentage of assets tracked. By inputting this data, the calculator generates a detailed breakdown of potential savings in different areas.
Calculating Potential Cost Savings
One key aspect the ROI Calculator addresses is the total cost of asset loss. By identifying and minimizing ghost assets, the calculator helps quantify the potential savings that can be achieved by efficient asset management. Additionally, it accounts for asset search costs that can be reduced through streamlined tracking processes. By inputting the necessary information, users can see a clear breakdown of their potential savings in these areas.
Realizing Financial Benefits
Asset Panda's ROI Calculator also takes into consideration various financial benefits that can be realized through improved asset tracking. This includes savings from reducing asset loss, tax & insurance benefits, and audit search savings. By providing an estimate of yearly savings based on the input data, the calculator highlights the financial impact that efficient asset management can have on your organization.
Optimizing Operational Efficiency
Apart from financial benefits, the ROI Calculator also sheds light on the operational efficiency gains that can be achieved through effective asset tracking. It calculates the daily cost of delay and showcases how minimizing delays in asset management processes can result in significant savings over time. By understanding these operational efficiencies, companies can make informed decisions to streamline their asset tracking practices.
Consult with Asset Panda Experts
While the ROI Calculator provides valuable insights, it is essential to consult with asset tracking experts to fully maximize the benefits of the solution. Asset Panda offers free consultations with their experts to help organizations understand how they can transform their asset tracking practices. By contacting their sales team, companies can get personalized guidance on implementing efficient asset management strategies tailored to their specific needs.