Build a Better Business Case for Your Informatics Investment
LIMS Cost Justification CD-ROM Offers Unique Resource

Cost Justification of your LIMS or Informatics Project Helps Position your Business Case for Success

This unique CD-ROM, developed by the LIMSource, delivers a quick reference guide to generating more value from your Laboratory Information Management Systems (LIMS) and Informatics investment. This new resource delivers vital information about how to generate return-on-investment information that enhances and supports your business case.

The LIMS Cost Justification CD gives you access to valuable articles about how to leverage your LIMS and Informatics investment. These in-depth articles, written by leading industry professionals, bring you some of the best and most in-depth articles from the LIMS/Letter archives. In addition, An Introduction to LIMS provides you with a background on the LIMS industry and how commercial LIMS and Informatics solutions have evolved.

The LIMSource Cost Justification CD will:
• Put LIMS cost justification facts at your desktop
• Explore the root causes of low ROI and how to avoid common mistakes
• Help you determine how to establish Total Cost of Ownership (TCO)
• Define savings from hard costs and soft benefits
• Provide tips on how to quantify financial benefits associated with LIMS and Informatics
• Offer a cost-effective and expeditious means to research LIMS cost justification information, and
MOST IMPORTANTLY,
• Enable you to build a better business case that gets your LIMS and Informatics projects approved!

The LIMS Cost Justification CD Contents:
This CD contains selected LIMS and Informatics articles that address the challenges and issues surrounding cost justifying a LIMS or Informatics purchase, including:

- Cost Justifying Your LIMS or Informatics Project Just One Aspect of Selecting the Best Solution
Cost justifying a LIMS or Informatics project is just one aspect of selecting and implementing such a solution. Once a budget is set, selecting the appropriate solution should be a straightforward process. A list of requirements is created. Products are reviewed for appropriateness. A choice is made. Why then is the process of selecting a LIMS so fraught with error, misunderstanding, and failure?

- Making the Business Case for a LIMS Implementation or Upgrade
Implementing a Laboratory Information Management System (LIMS) or upgrading an existing system can require a significant investment and must compete with other IT initiatives for funding. This in-depth article helps you to develop a compelling proposal that justifies the cost of the LIMS and demonstrates value to the organization is key to gaining approval for such a major project.

- Cost Management for Modern Laboratory Operations
Cost analysis helps laboratories develop business strategies for improving profit margins. The current business environment makes the need for cost analysis as the basis for modern laboratory operations more urgent than ever before. This need is driven by the maturation of commercial testing markets; by restrained capital and operational budgets; by excess commercial testing capacity; and by the trend toward "privatization" of public labs. Unfortunately, few laboratories have any real idea what their product (the final report) really costs. This article provides some solutions.

- Increasing the Return on Informatics Investments
This article will review some common symptoms for diminished ROI, look at the root causes, and provide recommendations and tips for avoiding many of the common mistakes. As you will see, the root causes include poor execution of data integration and data access strategies; incomplete or misguided understanding of the impact on scientific work processes; and, structural inefficiencies in commercial contracts and relationships with vendors.

- The Real World: Business Benefits that Can Be Delivered by a LIMS
Over the past ten years a number of the promised business benefits of implementing a LIMS have now been put to the test. The classic benefits include streamlining operations, reducing overhead, creating knowledge from information, using generic LIMS solutions for a range of applications, and leveraging upgradable technologies. Unfortunately, several of these benefits have not delivered on all counts. This article explores the reasons.

Take advantage of this opportunity to build a better business case for your Informatics investment. For just $24.95, you can gain access to cost justification information that you could spend weeks unearthing without this consolidated help. To order, just fill out the order form and email, mail or fax it in today!