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Contractor Approval Network

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Last week, we looked at the potential return on investment of a CARA Starter subscription. Today, we are diving into the value of CARA Unlimited. When purchasing business software, ROI - Return on Investment, is one of the major factors to consider. In short, software ROI = (Estimated Gains – Estimated Costs) / Estimated Costs. CARA Unlimited has additional features that will help your Environmental Health and Safety teams work more efficient and accurately. As estimates, we use: 🕛 Spends 8 hours per month researching federal #OSHA or #EPA regulations 🕛 Spends 8 hours per month researching state or municipal regulations. 🧠 Works with external EHS consultants 3 days per year (24 hours). 🕛 Spends 4 hours per month on preparing communication to explain regulatory topics to stakeholders in the organization. 🕛 Spends 4 hours per month building comparison tables between Federal, State and Municipal regulations. By using CAN's customized EHS AI solution CARA Unlimited, EHS specialists will save 75% on their own research & administrative time and up to 50% on the need for consulting hours. With an investment of $780 per year (when paid yearly), the ROI on CARA Unlimited is a solid 15X. The net generated savings exceed $ 12,000 - in this conservative example. Interested to see how your own business case stacks up? Use our interactive ROI calculator on https://lnkd.in/g4SA48be and while you're there, sign up for a free 30 day trial so you can see the benefits for yourself.

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