Return on Investment for Engineers Using Pimarc
What kind of ROI can an engineering firm with Pimarc?
The Return on Investment (ROI) from the Pimarc software system comes directly from the increased efficiencies of most tasks that are common to en engineering firm. This can include everything from project management, document management and monitoring and reporting on company performance. These increased efficiencies will help to increase your office productivity (gains as high as 20% or more are not uncommon with Pimarc) and also increases your team's ability to perform additional billable work.
Higher Profits
The Pimarc software application will help increase your company's bottom-line. In some cases, the efficiencies gained are so substantial that staff members can be freed of all administrative duties, and focus solely on billable or revenue-generating activities.
Real-World Example
20% Productivity Gains for an Ontario Land Surveyor Company
A real example of Pimarc's ROI can be seen at an Ontario Land Surveyor Company. Pimarc enabled the office staff at this Ontario-based company to increase their efficiency, which resulted in measured productivity improvements of 20% among the twenty-five staff members who used Pimarc. With an average yearly salary of $30,000, these productivity gains resulted in an additional $6,000 gain per person, for a total of $150,000 in just twelve months. Overall, this $150,000 worth of salary was redirected to increased work on billable and actual money-making as opposed to non-billable administrative duties, like paper chasing and research.
Three months after Pimarc was implemented, we conducted a survey at this firm and we discovered that staff had access to more timely and accurate information. They also reported greater job satisfaction and were able to solve client problems in less time than before they started using Pimarc.
With the noticeable improvements this company experienced in customer service, the company has also noticed an improvement in brand awareness and company reputation, with happier clients spreading the word about the excellent customer service and quick turnaround time.
Additional $5,000 Savings in Software and Licensing Costs
Because Pimarc also features accounting and CRM functionality, you'll be able to operate the software with a minimum accounting package installation, saving you up to $5,000. You will also save money on licensing fees because you will be able to view information from your accounting package without being logged in as a licensed user.
Miscellaneous Productivity Improvements
The Pimarc Survey Record Index (Pimarc SRI) provides users with a hosted website where engineers and their team can store project records, plans and field notes electronically. This enables other companies to search for and download your records without burdening your staff, saving the average engineering company 5-to-8 hours per week, for annual savings of anywhere from $4,250 to $6,850. These freed up hours in the day can be spent on more profitable activities that will increase your bottom line.
Ready to try Pimarc? Simply contact us today to try a free demo of our time and money-saving software system. You'll see why engineers love Pimarc in no time at all!