Toronto, ON, July 20, 2009
KMI releases White Paper to aid EHS professionals in calculating the return on investment (ROI) for EHS software
All EHS professionals know how difficult it can be to get funding for any major investment, even in the best of times. Competing projects, restricted budgets and a long funding approval or capital expenditure process can all make building a business case a necessary but daunting task. In the current climate of cutbacks and economic uncertainty, finding innovative opportunities for cost savings and improved efficiencies has become a crucial priority for every organization. Making the case for a facility or enterprise-level EHS management information system (EMIS) presents both a challenge and a significant opportunity.
At KMI, we know the true cost savings our clients can achieve through the use of our various EHS management software solutions. To help EHS professionals in defining their organization’s potential savings and building a formal business case for a new EMIS, we are preparing a series of three white papers entitled “Cost Justification for an EMIS Implementation”. Part one in this series, “Using the Net Present Value as Part of a Business Case” is now available.
Follow the link below to access the paper. Also, register with KMI to download our Net Present Value excel template which is a tool for calculating your organization’s potential financial benefit from implementing an EMIS.
COST JUSTIFICATION STRATEGIES FOR AN EMIS IMPLEMENTATION
KMI provides flexible, scalable and usable web–based software solutions that help companies operate more safely and efficiently, increase regulatory compliance, control environmental impact, and reduce corporate risk. KMI is a trusted supplier of EHS Management Information Systems (EMIS) to manufacturing and energy companies ranging in size from hundreds to over a hundred thousand employees.
Director of Business Development
Knowledge Management Innovations, Ltd.