STARLIMS offers an ROI Calculator that helps you discover your potential annual savings with the STARLIMS R&D Quality Manufacturing Informatics Platform.
In our fast-paced, data-driven world, managing your quality laboratory operations efficiently can make all the difference. If you’re considering a Laboratory Information Management System (LIMS) or quality manufacturing platform, it’s essential to understand the financial benefits it can bring to your organization. In this step-by-step guide, we’ll walk you through the process of calculating your ROI with STARLIMS.
Step 1: Access the ROI Calculator
To begin, head to the STARLIMS ROI Calculator. The calculator is designed to provide you with a clear picture of your potential savings when implementing STARLIMS in your lab.
Please note: This calculator is intended for Quality Control and Manufacturing companies only. If you are in Clinical, Public Health, or other additional industries, please reach out to STARLIMS for more information and see how we can help you reach your goals.
Step 2: Enter Your Lab’s Key Data
Once on the page, the calculator will prompt you to input key details about your lab. For more accurate results, use true organizational data. This includes:
Your Team
- Number of Lab Personnel: Enter the total number of staff working in your lab.
- Average Salary: Input the average salary of your lab staff.
Laboratory Management
Input true organizational data for more accurate results. Fields define how much manpower and time your organization uses on different laboratory processes and overall management.
- Data Capture: Enter how much manual data capture (ie. running tests, manually collecting data, collecting samples, etc.) cost you in resources and time a week.
- Approval & Quality Control: Input how much time approval and quality control (QC) cost you in resources and time each week.
- Reporting: Enter how much time your team spends on reporting a week.
Optional: IT Costs and Infrastructure
Get a more detailed picture of your potential savings, including potential IT infrastructure savings, by inputting this data:
- IT Infrastructure Cost
- Annual Server Costs
- Avg. Annual IT Salary
- Number of IT Personnel
Step 3: Review the Calculated Results
As you enter your data, the STARLIMS ROI Calculator will generate results instantly. The tool calculates potential savings in data capture, quality control, and reporting!
Step 4: Download Your Customized Report
You can adjust the input fields to see how different variables affect your potential savings. Once satisfied with the data, you can download a personalized report. This document provides an in-depth view of your potential savings and can be shared with key decision-makers in your organization to build the business case for STARLIMS!
Whether you’re looking to reduce errors, improve efficiency, or maximize productivity, STARLIMS provides a clear path to better laboratory management—and substantial savings.
*The STARLIMS Return on Investment (“ROI”) Calculator does not include or use input, facts, figures, results from the Labstep (a STARLIMS’ company) Electronic Laboratory Notebook (“ELN”), which is available within the STARLIMS’ R&D Quality Manufacturing (“QM”) Informatics Platform, including in its analysis or in any of its subsequent results and calculations.
**The STARLIMS ROI Calculator is based on data provided by you, and resulting assumptions, and produces estimates only. STARLIMS offers this tool to assist you with evaluating STARLIMS’ QM Informatics Platform; however, the way you leverage STARLIMS’ QM Informatics Platform will impact your actual results and savings. Such estimates necessarily involve known and unknown risks and uncertainties, which may cause actual savings and results to differ materially from any projected (expressed or implied) by such estimates, and undue reliance should not be placed on them.