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Fortune 500 'Golden' Company contracts Neocol, resulting in 800+% ROI over 3 years, and payback in 5 months
posted on Dec 2010
A US stock exchange, SEC compliant multinational company has signed Neocol to provide services with regard to their business processes and forward looking Information Management plans.
An organisation cash rich to the tune of many billions of dollars, the client wished to ensure that their plans for business process change were underpinned both from a Return on Investment/Total Cost of Ownership angle and technological perspective.
Engaging with Neocol ‘s business analysis division, and using the client’s own figures, the combined team has uncovered unexpected savings and new market differentiators which over a three year term will return at least a 800% on their investment, and payback on the technological investment in less than 6 months.
According to the client's project lead “When we first engaged with Neocol, we were aware that there were some areas of improvement we could look at in our internal processes and procedures.
During the BVA process, Neocol worked with us on identifying the key business areas we should be focussing on to return the highest initial benefit, and using our own data, was able to present back to us a significant return on investment on the project across all of our business areas, from Sales, to HR, to Operations, to Compliance, as well as uncovering new areas of potential revenue gain, customer service enhancements and efficiency savings which were not evident to us before the work began.
Neocol’s professionalism and the deep understanding they evidenced on this project, not just of our processes , but as importantly our business drivers and ambitions, means that we are extremely confident of a successful implementation and that we should be able to realise the ROI described.
I would recommend this process to anyone similarly interested in getting the best from both their business, and the supporting technology Neocol recommends”.
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