Your Return On Investment - Year One

PROAD Software delivers clear financial benefits. Work out your potential savings here.

Your Return On Investment – Year 1
Each client is different and payback periods can vary. Integrating and using PROAD Software will clearly deliver financial benefits. You might be shocked by the potential you have in your agency!
See our
case studies to find out how these clients have benefited.

Return on investment example
The ROI will be different for each agency type. Here you can see a typical agency with 14 staff completing in the region of 1,000 jobs a year. We have estimated the amount of time it takes for certain types of meetings, processing timesheets and purchase invoices, planning and duplication of activities.

Savings are shown at both a 50% and 90% level to demonstrate that PROAD Software can generate a good payback over a relatively short period - usually around 9 months. Here we only examine 6 characteristic areas that PROAD Software works in to save you time and money. When you consider the huge benefits of the reporting and accounts integration the payback reduces significantly. Comments regarding each of the areas shown are listed below the example.

1) As we know that the classic "Monday-Meeting" is a fixed part of daily business in agencies - PROAD Software helps to organize this. With PROAD Software all your paperwork will be combined onto one system. PROAD Software produces schedules and planned resources at the click of a button so that planning and discussion will take much less time.

2) Without a system such as
PROAD Software, someone has to collate time registration forms from staff once a day or once a week and enter them onto one file for invoicing. With PROAD Software each staff member enters their timesheets online. This means that staff wanting an overview can track specific time relating to jobs, customers, campaigns, and so on.

3) If there is no system in place you have to manually register all purchase invoices to ensure they are charged. To produce a sales invoice you have to transfer them manually. With
PROAD Software purchase invoices are automatically transferred to your sales invoice so you can specify the appropriate mark ups etc. With the PROAD Software reporting system you can clearly see which invoices are open and which are not.

4) Forecast planning without a system means looking at current jobs and calculating when they will be finished. Additionally, PO‚s need to be raised manually and must be carefully tracked for cash flow purposes and to check for discrepancies. PROAD Software offers this data at the click of a button!

5)
PROAD Software gives you an overview of which purchase invoices have to be paid and will match these against open orders and jobs!

6) As Purchase invoices and sales invoices are always registered within
PROAD Software there is no need for the accountant to enter this data onto their bookkeeping software. PROAD Software transfers this data on demand saving significant amounts of time. Additionally, the risk of error is minimalized, as the data only needs entering once!

Increased Efficiency
The increase in efficiency results by being able to quote and track costs and time efficiently. The percentage represents how much the agency used in the example could improve profitability from their current position by having access to reporting that will help shape their business. It is shown as a percentage of turnover.

Break Even
It can be seen from the Break Even chart below that in this example total savings in year 1 exceed £25,000. Larger agencies can save significantly higher levels than this AND please remember this example only focuses on the 6 core characteristics mentioned above.