Toolset Comparison Table

The table below outlines a key set of recommended good-practice elements for your toolset – and then compares a typical TCO or ROI Spreadsheet performance with that of the Lucidus Toolset.

Recommended Good Practice	Typical TCO / ROI Spreadsheet	Lucidus Toolset
Top-level value calculation results should be clearly outlined and supported with relevant graphics
Benefit logic strings from base customer data to projected value must be physically visible and easily understood
Supporting graphics should be located in the correct place within their benefit logic chain
Supporting evidence, documentation, slides, project plan, spreadsheets etc. should be available in the correct place within their benefit logic chain
The tool should be able to demonstrate the means by which the customer will be able to track the calculated and agreed value through to actual delivery
Both financial and non financial benefits should be evaluated and tracked to an equal degree using the same mechanisms
Customer should be able to undertake single and multiple "What if" calculations on any base data and assumptions within – all within a protected environment
Customer should be able to inter-actively change data to simulate the performance of their enterprise
Customer should be able to inter-actively change any assumptions to simulate the performance of their enterprise
Value tracking should be predictive i.e. identify specific areas of potential value variance – whilst remedial action is still possible
Value tracking should identify the financial effect of any variance from plans, the reason for this variance and the person (or people) responsible
Business Case should be clearly articulated at the top level and then be capable of resolving questions by drilling down through specific benefit logic to the declared value assumptions and base data
Risk and stakeholder management mechanisms should be available
Business case and tracking dashboards should be made available and viewable over the web
Automated (and flexible) Word & Excel output reporting should be available
Automated and live process control support should be available to key individuals within a sales process and a procurement process
This automated and live process control support should be capable of being used either within a sales process or a procurement process
Data inputs should have secure audit facility

* Frequently will have single data item "What if" facility or even multiple "What if" calculations - but rarely will have the ability to undertake these fully within a safe environment.