Announcing ROInow! Consultant Software; ROI Calculator Justifies IT Purchases in Era of Tightened Budgets.Business/Technology Editors BOXBOROUGH, Mass.--(BUSINESS WIRE)--July 16, 2001 CIOview, the leading provider of ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). analysis tools for information technology investments, today announced ROInow! Consultant. ROInow! Consultant provides a full-featured, easy to use template (1) A pre-designed document or data file formatted for common purposes such as a fax, invoice or business letter. If the document contains an automated process, such as a word processing macro or spreadsheet formula, then the programming is already written and embedded in the that lets consultants, IT managers, and financial specialists determine the return on investment (ROI) of any information technology initiative in less than an hour. ROInow! is built to pass the most rigorous standards of CFOs, with built-in features for the financial novice. "Quantifying results of any IT initiative has become a requirement in most organizations, particularly in today's economic climate. Quick, accurate and comprehensive reporting on financial costs and benefits is essential," said Ann Palermo, vice president of marketing at CIOview. " We built this product to satisfy the informational needs of CFO's -- without requiring the user to have an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration in Finance." Organizations no longer need to spend time creating, testing and verifying complex financial analysis spreadsheets to assess and justify their planned IT projects. ROInow! Consultant insulates you from cumbersome cum·ber·some adj. 1. Difficult to handle because of weight or bulk. See Synonyms at heavy. 2. Troublesome or onerous. cum and often confusing con·fuse v. con·fused, con·fus·ing, con·fus·es v.tr. 1. a. To cause to be unable to think with clarity or act with intelligence or understanding; throw off. b. multi-page spreadsheet spreadsheet Computer software that allows the user to enter columns and rows of numbers in a ledgerlike format. Any cell of the ledger may contain either data or a formula that describes the value that should be inserted therein based on the values in other cells. workbooks. It lets you immediately begin a financial assessment that focuses on your expertise -- your project, your company and your costs and benefits -- rather than on complex financial methodology. About ROInow! Consultant ROInow! Consultant lets companies evaluate the financial benefits of any information technology undertaking by providing: - A template for gathering costs and benefits of any technology initiative - A simple user interface - A one-click "what-if" capability lets you immediately see the impact of changing financial assumptions, rollout schedule, and budgetary assumptions - Built-in financial engine - Sensitivity analysis by cost and/or benefits - Over twelve cost and benefit categories that you can customize with your own questions and default financial data - Easy-to-use Topic Navigator user interface quickly organizes your costs, benefits and analysis into a simple and accessible format - Reusable customized "Project Templates" lets you share expertise throughout your organization - Financial metrics automatically generated and graphed - An automatically generated, custom ROI analysis report - Tested financial calculations assures confidence in your results Pricing and Availability ROInow! Consultant is priced at $149 and is available now at www.cioview.com. About CIOview CIOview Corp. delivers rational answers to IT professionals who are evaluating the returns on their IT investments. Over 10,000 copies of its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. , ROInow!, have been sold and are used by organizations worldwide, including Federal Express, Stride Rite, Citibank, British Telecom The telephone and communications carrier that provides services in Great Britain and Northern Ireland. It used to be a division of the British Post Office, but was privatized in 1984 under Margaret Thatcher's administration. , Fidelity Investments Fidelity Investments is a group of privately held companies in the financial services industry. It is made up by two independent but closely cooperating companies, Fidelity Management and Research Corporation (FMR Co. , Prudential Prudential is the name of two different companies and buildings named after them: Companies:
CIOview Corp. is headquartered in Boxborough, MA and is privately held. For more information, visit the company's web site at www.cioview.com, or email info@cioview.com. Note: ROInow! and CIOview are registered trademarks and Simplifying IT Purchasing is a trademark of CIOview Corp. All product names and references contained in this release remain the trademarks of their respective companies. |
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