ROI Calculator

[quiz-progress-bar] [quiz-step][quiz-tag]intro[/quiz-tag] [quiz-question]SciCord ROI Calculator[/quiz-question] [quiz-body]

This ROI (Return on Investment) calculator takes into consideration the number of users, average salary, time spent on activities, and the SciCord efficiency coefficient. Additional savings may be derived by optimizing operational support, infrastructure (hardware) provisioning, infrastructure support, and license fees from superseded software products.

Soft benefits, including time to market, training, improved business processes, and increased productivity are not represented in this calculator.

The calculator can provide a rough estimate of the hard cost-savings to be obtained by utilizing the SciCord ELN/LIMS solution. For a more accurate estimate, please contact the SciCord Sales staff to fully review your lab and its processes.

[/quiz-body] [quiz-button][quiz-step-confirm-button]intro[/quiz-step-confirm-button]Begin[/quiz-button] [/quiz-step] [quiz-step][quiz-tag]industry[/quiz-tag] [quiz-question]What Industry are you in?[/quiz-question] [quiz-body] [quiz-tile][quiz-tag]exclusive industry pharm[/quiz-tag]Pharmaceuticals[/quiz-tile] [quiz-tile][quiz-tag]exclusive industry oil[/quiz-tag]Oil and Gas[/quiz-tile] [quiz-tile][quiz-tag]exclusive industry water[/quiz-tag]Environmental[/quiz-tile] [quiz-tile][quiz-tag]exclusive industry food[/quiz-tag]Food and Beverage[/quiz-tile] [quiz-tile][quiz-tag]exclusive industry CRO[/quiz-tag]CRO/CMO[/quiz-tile] [quiz-tile][quiz-tag]exclusive industry biotech[/quiz-tag]Biotechnology[/quiz-tile] [/quiz-body] [quiz-button][quiz-step-back-button][/quiz-step-back-button]Back[/quiz-button] [quiz-button][quiz-step-confirm-button]industry[/quiz-step-confirm-button]Next[/quiz-button] [/quiz-step] [quiz-step][quiz-tag]GxP[/quiz-tag] [quiz-question]Does your lab require GxP compliance?[/quiz-question] [quiz-body]

The cost-savings derived from ELN and/or LIMS is related to the level of compliance and enhanced requirements for operations such as reviewing, reporting, and audits.

[quiz-tile][quiz-tag]exclusive GxP Yes[/quiz-tag]Yes[/quiz-tile] [quiz-tile][quiz-tag]exclusive GxP No[/quiz-tag]No[/quiz-tile] [/quiz-body] [quiz-button][quiz-step-back-button][/quiz-step-back-button]Back[/quiz-button] [quiz-button][quiz-step-confirm-button]industry[/quiz-step-confirm-button]Next[/quiz-button] [/quiz-step] [quiz-step][quiz-tag]employees[/quiz-tag] [quiz-question]How many employees work on your team?[/quiz-question]

Include only staff who record information – read-only access for managers or customers should not be included in this count.

[quiz-body] [quiz-tile][quiz-tag]exclusive employees 10[/quiz-tag]1-10[/quiz-tile] [quiz-tile][quiz-tag]exclusive employees 20[/quiz-tag]11-20[/quiz-tile] [quiz-tile][quiz-tag]exclusive employees 30[/quiz-tag]21-30[/quiz-tile] [quiz-tile][quiz-tag]exclusive employees 40[/quiz-tag]31-40[/quiz-tile] [quiz-tile][quiz-tag]exclusive employees 50[/quiz-tag]41-50[/quiz-tile] [quiz-tile][quiz-tag]exclusive employees 80[/quiz-tag]51-100[/quiz-tile] [quiz-tile][quiz-tag]exclusive employees 100[/quiz-tag]Greater than 100[/quiz-tile] [/quiz-body] [quiz-button][quiz-step-back-button][/quiz-step-back-button]Back[/quiz-button] [quiz-button][quiz-step-confirm-button]employees[/quiz-step-confirm-button]Next[/quiz-button] [/quiz-step] [quiz-step][quiz-tag]tools[/quiz-tag] [quiz-question]Which tools or solutions do you currently use?[/quiz-question]

How does your team capture data: Equipment Logs, Sample Management, Supplies Inventory, Standards, Solutions, Formulation, Batch Records, Analytical?

[quiz-body] [quiz-tile][quiz-tag]exclusive tools manual[/quiz-tag]Mostly manual entry – using paper notebooks or spreadsheets[/quiz-tile] [quiz-tile][quiz-tag]exclusive tools mix[/quiz-tag]Manual entry and some electronic solutions – paper notebooks, spreadsheets, fileshare, document managent[/quiz-tile] [quiz-tile][quiz-tag]exclusive tools advanced[/quiz-tag]Several electronic solutions – software, such as ELN or LIMS solutions, that is stand-alone or combined to form informatics suites[/quiz-tile] [/quiz-body] [quiz-button][quiz-step-back-button][/quiz-step-back-button]Back[/quiz-button] [quiz-button][quiz-step-confirm-button]tools[/quiz-step-confirm-button]Next[/quiz-button] [/quiz-step] [quiz-step][quiz-tag]tools2[/quiz-tag] [quiz-question]Which types of Software Tools, if any, does your team use?[/quiz-question]

Select all that apply:

[quiz-body] [quiz-tile][quiz-tag]tools2 spreadsheets[/quiz-tag]Spreadsheets[/quiz-tile] [quiz-tile][quiz-tag]tools2 vis[/quiz-tag]Visualization Tools[/quiz-tile] [quiz-tile][quiz-tag]tools2 QMS[/quiz-tag]Quality Management System[/quiz-tile] [quiz-tile][quiz-tag]tools2 LIMS[/quiz-tag]LIMS[/quiz-tile] [quiz-tile][quiz-tag]tools2 doc[/quiz-tag]Document Management[/quiz-tile] [quiz-tile][quiz-tag]tools2 inv[/quiz-tag]Inventory Management[/quiz-tile] [quiz-tile][quiz-tag]tools2 stab[/quiz-tag]Stability Management[/quiz-tile] [quiz-tile][quiz-tag]tools2 other[/quiz-tag]Other[/quiz-tile] [/quiz-body] [quiz-button][quiz-step-back-button][/quiz-step-back-button]Back[/quiz-button] [quiz-button][quiz-step-confirm-button]tools2[/quiz-step-confirm-button]Next[/quiz-button] [/quiz-step] [quiz-step][quiz-tag]time[/quiz-tag] [quiz-question]How many hours does each member of your team spend on these activities?[/quiz-question]

By understanding where your team spends the most time, we can evaluate what aspects of our system will bring your group the most success.

[quiz-body][quiz-tag]noFlex[/quiz-tag]

You indicated you have [quiz-result]EmployeesRef[/quiz-result] employees. What percentage of their time is spent on the following activities?

  • Searching for physical resources in the building or lab
  • Searching for sample data or experimental data
  • Analyzing and Trending Data
[quiz-range][quiz-tag]time GxPactivities[/quiz-tag][quiz-range-min]0[quiz-range-max]100[quiz-range-append]%[/quiz-range-append][/quiz-range]

What percentage is spent on the following data management activities?

  • Recording sample or experimental data
  • Reporting
  • Reviewing and Approving
[quiz-range][quiz-tag]time nonGxPactivities[/quiz-tag][quiz-range-min]0[quiz-range-max]100[quiz-range-append]%[/quiz-range-append][/quiz-range] [/quiz-body] [quiz-button][quiz-step-back-button][/quiz-step-back-button]Back[/quiz-button] [quiz-button][quiz-step-confirm-button]time[/quiz-step-confirm-button]Next[/quiz-button] [/quiz-step] [quiz-step][quiz-tag]salary[/quiz-tag] [quiz-question]What is the average “Fully Loaded” salary of your team members?[/quiz-question]

By understanding the value of each member of your team’s time, we can evaluate the cost-savings that the SciCord solution would provide.

[quiz-body] [quiz-tile][quiz-tag]exclusive salary 30[/quiz-tag]$30k to $49k[/quiz-tile] [quiz-tile][quiz-tag]exclusive salary 50[/quiz-tag]$50k to $69k[/quiz-tile] [quiz-tile][quiz-tag]exclusive salary 70[/quiz-tag]$70k to $99k[/quiz-tile] [quiz-tile][quiz-tag]exclusive salary 100[/quiz-tag]$100k+ per year[/quiz-tile] [/quiz-body] [quiz-button][quiz-step-back-button][/quiz-step-back-button]Back[/quiz-button] [quiz-button][quiz-step-confirm-button]salary[/quiz-step-confirm-button]Confirm[/quiz-button] [/quiz-step] [quiz-step][quiz-tag]Outro[/quiz-tag] [quiz-question]Thank you for completing the SciCord ROI Calculator[/quiz-question] [quiz-body][quiz-tag]noFlex[/quiz-tag]

Your results are based on the following data:

  • GxP: [quiz-result]GxP[/quiz-result]
  • Users: [quiz-result]employees[/quiz-result]
  • Time an employee currently spends per day: [quiz-result]time[/quiz-result]
  • Average user salary: [quiz-result]salary[/quiz-result]

If you were to adopt the SciCord ELN/LIMS solution you would see an estimated expense reduction of [quiz-result]costReduction green bold[/quiz-result] per year.  Soft benefits, such as time to market, training, improved business processes and compliance are not represented but should also be considered.

Year Expense Reduction ROI
1 [quiz-result]costReduction[/quiz-result] [quiz-result]ROIYear1[/quiz-result]
2 [quiz-result]costReduction[/quiz-result] [quiz-result]ROIYear2Plus[/quiz-result]
3 [quiz-result]costReduction[/quiz-result] [quiz-result]ROIYear2Plus[/quiz-result]
4 [quiz-result]costReduction[/quiz-result] [quiz-result]ROIYear2Plus[/quiz-result]
5 [quiz-result]costReduction[/quiz-result] [quiz-result]ROIYear2Plus[/quiz-result]
5 Year Total [quiz-result]costReduction5Year green bold[/quiz-result] [quiz-result]ROI5Year green bold[/quiz-result]

Of course, there are additional variables that could affect the ROI, and a SciCord Sales Representative can help you understand the real benefit of implementing a solution such as ours.
Fill out this form and we’ll reach out to you to provide more information:

[/quiz-body] [quiz-button][quiz-step-back-button][/quiz-step-back-button]Back[/quiz-button] [/quiz-step]