Return on investment, better known as ROI, is a key performance indicator (KPI) that’s often used by businesses to determine profitability of an expenditure. It’s exceptionally useful for measuring success over time and knowing if you’re getting your money’s worth. Software implementation requires initial upfront costs. However, once the system is successfully deployed, it helps you obtain cost-saving benefits within a short period of time. To make purchases more appealing to stakeholders...
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