Learn more about using the Net Present Value as part of a business case.
This white paper breaks down the accounting principles and techniques behind the Net Present Value (NPV). Areas of potential cost savings are identified and assistance is provided in formalizing a cost justification business case for implementing an EHS Management Information System (EMIS).
Every company can identify real cost savings from implementing an effective EMIS. Documenting these potential savings and using them to calculate the Net Present Value of a system investment is an effective strategy for getting collaborative executive support, particularly in a tough economic environment.
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