Are traditional methods of calculating ROI holding you back from adopting new technology? We are glad to see it isn’t just us at Trintech who have realized that more often than not, the way you calculate your ROI may be inhibiting your company’s potential for future growth. This past year, SSON.com has expressed its view on how organizations are consistently misled on adopting new technology due to their “traditional ROI calculations.”
This article, which can be seen in full at the end of this blog, identifies that the struggle with identifying the business value of a technology investment lies in the issue that value-added outputs are increasingly intangible in today’s organizations. Although these intangible benefits may be hard to pinpoint, they are in most cases, more valuable than the hard benefits.