Calculate your ROI from Zoho CRM
It's well-known that CRMs can streamline your sales process, engage your customers, and boost your revenue. But doubts may arise when you're about to invest in a CRM that's unwieldy and difficult to adopt and shows signs of breaking your budget—a decision which could be harmful to your reputation as well. People get fired for getting IBMs these days!
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Calculating the savings, revenue gain, and indirect benefits from a Zoho CRM implementation
Savings
Alternate system
Zoho CRM
Annual Subscription cost for 200 users
Support Cost
Implementation Cost
Cost of inefficiency
Integration costs
(on-premise systems)
Result
Total cost of running an alternate CRM per year in USD
Total cost of running Zoho CRM per year in USD
Savings with the new system
Savings with the new system = Total cost of running an alternate CRM - Total cost of running Zoho CRM
Revenue gain
Annual revenue with alternative system in USD
Impact of Zoho CRM on revenue growth
Result
Revenue gain with Zoho CRM in USD
Revenue gain = Expected revenue after Zoho CRM - Annual revenue with alternative system
Indirect benefits
factor
Cycle time per lead in minutes
Assign a Dollar Value for the Improvement
Assign a Dollar Value for the Improvement
Assign a Dollar Value for the Improvement
Average time to close a deal in days
Assign a Dollar Value for the Improvement
Cost per lead in USD
Assign a Dollar Value for the Improvement
Customer satisfaction score out of 100
Assign a Dollar Value for the Improvement
Assign a Dollar Value for the Improvement
Sales admins employed now
Assign a Dollar Value for the Improvement
Data analysts employed now
Assign a Dollar Value for the Improvement
because of Zoho CRM
Total USD value of indirect benefits = Summation of all rows: [(Difference between improved value with Zoho CRM and Values with the alternative) × Assigned dollar value]
Improvement factor: These values are based on an internal study of 150 organizations. You can edit it to suit your own projections if required
Assign a dollar value for improvement: Every improvement has an impact on the revenue. We have kept it at a minimum of $1. You could input a higher value.
Here are the calculated values
613.778970117
(Savings + revenue gain + dollar value of indirect benefits - cost of Zoho CRM) / (cost of Zoho CRM) × 100
0.140099392 months
((Cost of new system) / (Savings + Revenue gain + Dollar value of indirect benefits)) × 12
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Disclaimer: The values used for the calculation has assumptions, research findings, actual quotes. This is a model to calculate ROI, but ROI is dependent to a great extent on the indirect benefits. It requires a separate effort from the customer to derive monetary value to indirect benefits to get true ROI. The calculator is meant to help the viewer to fill in the values that reflect their business situations and derive the ROI value and the payback period. Please get back to Zoho if you need clarifications. Do not consider the calculator readings alone to make purchase decisions.