It is reasonable to expect that any board of directors would expect a detailed analysis supporting any capital outlay. For a new system to justify itself, business process improvements must be identified and quantified.
Building a compelling business case involves combining information from separate activities that provide a broad level of support. A predictable and systematic approach towards each of these activities will yield a well supported business case. The Return on Investment Calculation may be done using one or more methods. EVA (Economic Value Add) is a method which looks at the combined cost of capital from the perspective of an investor to evaluate performance against other investment alternatives, such as stocks in other companies or bonds.
CD Group has experience helping facilitate and building compelling business cases based on measurable benefits. We can work with you to determine what will be necessary to help build a business case to support your project.