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Gartner has found that many firms that have replaced their legacy homegrown solutions, usually
based on Microsoft Excel and Access, have been able to reduce costs (or increase profitability) in
two key areas:
• Dramatically increased business value due to increased accuracy and depth of visibility,
which frequently led to key insights that allowed them to change their business with
striking results, while the improved credibility acted as a key enabler for them to
successfully carry out those changes.
• Streamlined operations around PM&O, reducing the number of resources required to
support these costing and profitability analytics, as well as the time required to produce
them. In many cases, these benefits alone more than justified the expense to acquire
and implement the PM&O software.
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