Clients First Texas recently partnered with an Independent Software Vendor (ISV) with great references and a solution many of our manufacturers need; CADLink by Qbuild seamlessly integrates your ERP to CAD. Qbuild's program has documented returns on investment by integrating CADLink with your ERP solution. As a result, we are presenting the CAD integration solution by having a digital dialogue aimed towards benefiting our clients in the manufacturing and MRO industries. The webinar will be held on March 24th at 12PM CST.
CADLink was developed with engineering designers and manufacturers in mind, it enables users to:
- Gain data generated before and during the design phase in your CAD system
- Eliminate engineering clerical work
- Avoid costly errors that may occur due to manual data entry
By bridging the gaps between CAD systems and ERP solutions, CADLink increases engineering productivity by minimizing the time and effort engineers must put into managing two separate systems. The system allows for less errors in that the data does not need to be reworked or transferred allowing:
- eradicating rework
- using less manpower
- cutting out inefficiencies
- eliminating many cost overruns
- reducing development costs
- decreasing product design costs
By using CADLink, for instance, engineers can enter, view and update information automatically, including item master data and BOMs, without having to switch between two different software solutions. Not only will this eliminate ERP clerical work and the risk of error; it will also allow engineers to benefit from more streamlined product design and development processes.
Before the webinar, we wanted to share the details of Qbuild's CADLink return on investment as no one wants a business solution that does not pay off. Since no organization has limitless resources, it's imperative to determine if the integration of a CAD solution with an ERP system will bring the benefits expected before making the actual investment. For this, a complex ROI analysis of CAD and ERP integration should be part of every company’s decision making process.
A Graphical ROI Analysis
Though the practical benefits of using a CAD system in conjunction with an advanced ERP solution like Microsoft Dynamics AX or NAV can not be denied, analyzing the ROI of CAD and ERP integration is a prerequisite for assessing the true value of such an investment.
When determining whether an investment is worth it or not, the payback period along with the initial spending and annualized rate of return are the most widely used measures. Though a large investment usually takes a long time to pay back its cost, a long payback period and a large initial expenditure can make an investment opportunity look unattractive, even if it has great potential to deliver financial returns. With that in mind, let’s take a closer look at the ROI a company can obtain by simply integrating CADLink with Microsoft Dynamics.
Initially included in CADLink, the software license, implementation, training, and 1st-year support and maintenance are estimated at $17,000 for about 4 engineers and site licensing is also available. If we add up the cost of support and maintenance for one more year, which is $3,000, we have a total of $20,000 for two years.
According to a recent ROI analysis performed by QBuild, CADLink can save your organization $44,000 from:
- scrapped parts due to errors
- late shipments
- time your engineers must spend on BOM entries -- and that’s just in the first year.
This means a payback period of a little more than 4 months and an annualized rate of return of 293.3 percent.
CADLink is a breakthrough in streamlining operations in product development and manufacturing sectors, CADLink combined with Microsoft Dynamics delivers one of the few software solutions that can boost ROI, contributing dramatically to a company’s success in the highly competitive manufacturing industry.
As a leading ERP consulting company specializing in ERP selection, implementation and systems integration, Clients First Business Solutions is ready to offer complex ERP solutions to manufacturing or MRO companies that are medium to large in scale. Using our unique methodology, our experienced Dynamics experts can help you continuously improve your business processes and increase revenue along with profit margins. Currently, we serve customers worldwide, across different industry horizontals and verticals, including Distribution, Food and Beverage, Manufacturing and MRO. For further information, please call 800.331.8382, or email sales@clientsfirst-tx.com.
Please click the graphic below to register for the webinar.
