Sage, a vendor for integrated accounting, payroll and payment systems, announced the results of The Total Economic Impact of Sage X3, a January 2016 commissioned study conducted by Forrester Consulting on behalf of Sage. The study examines the potential return on investment businesses may realise with Sage X3 business management solution. Based on interviews with Sage X3 customers, Forrester created a Total Economic Impact Study that revealed a composite organisation of Sage X3 achieved a 177% ROI, $1.7M from cost savings over three years and an expected payback period of only five months.
Sage X3 introduces a better way to manage the entire enterprise — from procurement to manufacturing, distribution and financials. To better understand the benefits, costs and risks associated with an investment in Sage X3, Forrester conducted in-depth interviews with Sage X3 customers, who had been using Sage X3 for at least 30 months.
“The Forrester TEI study shows the benefits of Sage X3, including its cost effectiveness and short breakeven period,” commented Jean Huy, Vice President of Global Product Marketing for Sage X3. “With companies feeling more pressure to reduce costs and adapt quickly to become more agile and responsive, the long-term return of typical ERP investment is no longer an option. It becomes imperative that their business management systems provide the quickest ROI possible. A modern cloud solution such as Sage X3 delivers faster time to value while also allowing companies to gain agility, simplify IT management and free up resources to focus on more important projects.”
Forrester TEI study findings:
- The analysis points to risk adjusted benefits of $1,722,180 over three years versus implementation and operating costs of $620,870, equating to a net present value of $1,101,310.
- The workflow automation and alerts functionality of Sage X3 increase productivity by encouraging users to adhere to policies and speeding up processes.
- Its documentation and office collaboration functionality increase efficiency and collaboration by integrating documentation workflows into a single, coherent and searchable library.
