Key Finding: Worksoft Automation Delivers Average Net Present Value of $11.46 Million
DALLAS (Sept 23, 2014) – Worksoft®, a leading global provider of business process validation software for packaged enterprise applications, today announced the results of a survey by a leading industry analyst firm that quantifies the ROI of automated business process validation (BPV). The study reports an average 5-year net present value (NPV) of $11.46 million for Worksoft automation, annual benefits of $4.02 million for each company, and a payback period of 11.9 months for investments in automated business process validation.
Results are based on in-depth, confidential interviews and analysis of twelve Worksoft customers by a leading industry analyst firm. All surveyed companies are large SAP® customers with annual revenues greater than $1 billion and more than 1,000 SAP users worldwide. The average enterprise has used Worksoft Certify® for 30 months, validating hundreds of critical end-to-end business processes with Worksoft.
With automation, these organizations are also realizing:
• Faster innovation by accelerating the time-to-market for IT application projects by 5.3 weeks, on average, and speeding up testing cycles by 39%
• Improved business process quality by cutting the number of system defects entering production by 44% and covering hundreds of critical end-to-end business processes with automated BPV
• Increased staff productivity with savings of 54,844 hours per year through automation
The full report is available here.
“We continue to see large SAP companies turning to automation and realizing high ROI,” said Jim Kent, chief executive officer, Worksoft. “Enterprises are seeing the value and capturing the enormous benefits of BPV measured here. It’s a sea change in the way people look at business process quality and deploying innovative technologies. We expect these findings to accelerate the shift to automation as companies replace costly and fragmented manual QA activities with automated business process validation. With these numbers, it’s inevitable,” he said.
Worksoft Certify is the industry’s top ranked solution for automated business process validation (BPV) in SAP® environments. Worksoft Certify automates the functional testing of mission-critical processes end-to-end across complex application landscapes, including web technologies, mobile apps, hybrid cloud environments, and dozens of non-SAP enterprise applications.
About Worksoft Inc.
Worksoft provides the world’s leading automation platform for enterprise applications. Companies worldwide rely on Worksoft’s automated business process discovery, documentation, compliance, testing, risk analysis, and RPA to support critical packaged applications, including SAP, Salesforce, Oracle, Workday, SuccessFactors, ServiceNow and more. Our fourth generation automation platform helps enterprises accelerate innovation and change, lower technology risk, and increase efficiency. Our ecosystem includes partnerships with Accenture, IBM, Cognizant, SAP and our global 5000 customers include 3M, Intel, Microsoft, Siemens and more.
For more information, contact Worksoft at email@example.com or visit www.worksoft.com. For media inquiries, contact Debra Dekelbaum, firstname.lastname@example.org, or +1 (972) 993-0425.