The most affordable asset-management system on the market, Custodian CMMS is a computerized maintenance-management software that gives users in many industries both preventive and reactive maintenance. A major advantage of working with this solution is that it offers a substantial return on investment, or ROI. Businesses can expect a high ROI in little time with Custodian, which cuts maintenance costs significantly and keeps productivity consistent.
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Users can easily calculate the return on investment that computerized maintenance-management software offers to users. Custodian recommends the following model: subtract CMMS costs from CMMS value and then divide the result by the same cost amount. CMMS value means the expected reduction in maintenance expenses after the system is implemented, whereas examples of CMMS costs include initial software purchase, installation and training costs, the costs of new hardware purchases, and yearly support. Users usually assess the ROI for one-, three-, or five-year intervals.
Among the ways that a CMMS solution can lower a user’s maintenance costs to boost return on investment:
For more information, contact Custodian.