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Customize quantitative Impact Types

When resolving an Improvement that resulted in a change, you can choose between the various Impact Types created by your organization.

These quantitative Impact Types - Cost, Revenue, Time Savings, Product, and Resource - can be configured to give the person resolving an Improvement more control when recording money saved and generated. Reach out to your Customer Experience lead to take advantage of this feature.


How can I customize the quantitative Impact Types?

You can give people more options for how and when the financial savings should be applied to the organization’s metrics.

1) One-Time



The amount entered will be applied once towards your organization’s metrics.

 

2) Recurring



The amount entered will be applied towards your organization’s metrics once per the selected time period. This is best for Improvements which resulted in a constant amount that is expected to be saved or generated on a regular schedule.

 

3) Range

NOTE: This option will only be available with the Enhanced ROI Add-On.



The amount entered will be applied toward your organization’s metrics once a month over the entered date range. This is best for Improvements which resulted in a constant amount that is expected to be saved or generated over a set time frame, rather than indefinitely.
 

4) Custom

NOTE: This option will only be available with the Enhanced ROI Add-On.



The amount entered under each month will be applied once per that year. This is best for Improvements which resulted in inconstant financial savings or revenue generation. You’re not required to enter a value in every month in a year.

 

5) Unknown Amount



This is best for Improvements which have an unknown financial impact as no amount is required to be entered.

 

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