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FAST ROI for IT Calculator – “Quick” Version (Software)
Publisher: Resource Management Systems, Inc.
Version 1.0, Add-on for Microsoft Excel 2003
DESCRIPTION
The indispensable financial performance measurement tool for project planners, IT pros, and business analysts. Just pick a number of years for your analysis, select a rate, then:
- Enter the project’s cost
- Enter the expected financial benefits (cost savings or revenue increases)
- Look at the results (the software tool automatically calculates three financial metrics)
That’s all there is to it!
Financial Metric Calculations – Fast and Easy With FAST ROI for IT
You can do the calculations one of two ways:
1. Hard and Slow2. Fast and Easy
1. Hard and Slow
Except for simple payback period, the calculations are complicated, time consuming and error-prone. Most people don’t do them because they wind up with this.
And, then you’re ready to start building your spreadsheet models (of course, you could buy a financial calculator). It doesn’t have to be this hard!
2. Fast and Easy
What most IT pros and business analysts want is a simple tool that allows them to:
- enter the key numbers, and
- automatically calculate Payback, NPV, and IRR
