Eff Factor
EFF Factor stands for the Efficiency Factor. EFF Factor is a software platform built to address the key goal of any business or professional firms of Lawyers, Accountants, Architects, Interior Designers, Consulting Engineers. The key goal is to earn "revenue and grow profits". For all businesses engaged in rendering services "Time" is the only common raw-material, which is perishable & non-renewable. This can be protected if there is a close eye on operational efficiency. Eff Factor attempts to give transparent visibility of "Operational Efficiency". EFF Factor captures the financial data of budgets versus actual, based on the time estimated and consumed for a project or an activity. This is collated and intelligently reported with useful slice and dice. This empowers the management to take informed decisions, take immediate steps to identify, mitigate and monitor business risks. This provides a solid shield to protect the profits as well as innovate means to increase the profits by smart and dynamic resource utilization. Wikipedia says Efficiency is the (often measurable) ability to avoid wasting materials, energy, efforts, money, and time in doing something or in producing a desired result. EFF Factor does exactly that and also results in three key bye-products: Customer satisfaction, Employee satisfaction and Shareholder satisfaction: A customer is satisfied if he believes, that he has got value for money : EFF Factor ensures that by focus on time-lines and delivery of service at reasonable cost. An employee is satisfied, if gets appropriate, fair compensation and rewards : EFF Factor gives visibility of Employee output to decide compensation and rewards. A Shareholder is satisfied, if he gets expected or more return on investment : EFF Factor gives the Management control to take decisions to ensure better profit. Visit to manage your Efficiency Factor.
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