ROI Calculator
Background:
The company needed to build an ROI Calculator for an industrial automation solution with the ability to calculate inputs by predetermined multipliers across different sections of fields. The goal was to highlight the benefits of utilizing robotic automation in different scenarios versus the use of traditional human labor. The calculator needed to take real world inputs such as hours per shift, hourly cost of labor and, capital expense, then show the potential ROI of the automated solution.
Process:
I first sat down and worked with application engineers to determine their inputs and calculations. Once we determined what needed to be calculated and how to break down individual sections, I got to work building out the calculator. I utilized the Calculated Fields plugin as the core structure, as it offered a range of benefits and had the capability to set up the various calculations we needed it to make. This specific calculator had about 40-50 fields with inputs, outputs, multipliers, and groupings. After the fields were set up and tested, we then matched styling to the rest of the company’s website and wrote an overview to publish with the calculator. In addition, the team wanted to promote the new calculator so we designed and built a template to place on several related pages throughout the website.
Results:
In the end, the team was excited to have the tool to share with their potential customers. Having a way to show true ROI based on real world inputs helps their sales team show customers the benefits of investing in company’s automated solutions.
Interested in a collaboration?
Reach out and let me know! I’m always happy to look at a project and see how I can help!