How much could you save?

How much could you save, by avoiding a business system implementation?

The amount of money that can be saved by avoiding a business system implementation and using alternative options, can vary greatly depending on the specific needs and requirements of each organisation. However, some of the factors that could contribute to cost savings include:

1. Reduced Implementation Costs: By avoiding a full business system implementation, organisations can save on the costs associated with the implementation itself, such as software licensing, hardware, and consultant fees.
2. Improved Efficiency: By using automation and low-code platforms, organisations can improve their processes, reduce errors, and increase efficiency. All potentially leading to cost savings over time.
3. Scalability: By using cloud computing and integration, organisations can access the resources they need on demand and scale their computing resources as needed, without having to invest in additional hardware or infrastructure.
4. Customisation: By using low-code platforms, organisations can build custom applications that meet their specific needs, without having to pay for expensive customisation or configuration services.

It is important to note, whilst the above can lead to cost savings, there may be additional costs associated with these alternatives. Elements such as data analytics services, cloud computing fees, and integration services.

Estimated Savings by Area

AreaDescriptionEst. CostReduced Implementation CostsBy avoiding a full business system implementation, organisations can save on the costs associated with the implementation itself, such as software licensing, hardware, and consultant fees.£750,000 - £5,000,000Improved EfficiencyBy using automation and low-code platforms, organisations can improve their processes, reduce errors, and increase efficiency, potentially leading to cost savings over time.£100,000 - £500,000 per yearScalabilityBy using cloud computing and integration, organisations can access the resources they need on demand and scale their computing resources as needed, without having to invest in additional hardware or infrastructure.£50,000 - £200,000 per yearCustomisationBy using low-code platforms, organisations can build custom applications that meet their specific needs, without having to pay for expensive customisation or configuration services.£50,000 - £500,000

Conclusion

In conclusion, the amount of money that can be saved by avoiding a business system implementation using the options above will depend on the specific needs and requirements of each organisation. However, by taking advantage of these options, organisations can potentially reduce the costs associated with a full implementation and improve their processes, all while achieving their business transformation objectives. Speak to us at 5Y to find out how we can help.