Low Cost of Ownership

It doesn't matter what stage your SPED compliance solution is in. Whether you are beginning investigation, or have already implemented a solution. It is never too late to take steps to reduce your costs of SPED compliance.

In the short history of SPED compliance, the learning experience of Brazilian companies is already rich with the knowledge of substantial cost burdens imposed by poorly designed SPED compliance methods.

Key cost drivers to look for:

• Lengthy Implementation Schedule.    
   
• Hard coded business logic inside integration code or the SPED solution itself. Hard coding is a critical driver of implementation complexity and high ongoing maintenance costs. Lack of user visibility over integration processes and the inability of business users to manage SPED file construction parameters dramatically increases periodic reconciliation effort. It also causes substantial demand for IT resources to manage any new SPED data requirements or changes in business system configuration.
   
• Greater reliance on services instead of software automation to solve the challenge. Services based solutions are typically not repeatable, are rigid and not adaptable to changing business conditions. Companies my purchase a leading software solution, only to discover that heavy customization of integration processes and even the core application is required to manage SPED compliance. Heavy use of Auditing and Implementation services is a warning that future maintenance effort will also be costly because both SPED and your own business is likely to evolve rapidly.
   
• Data management by technology staff and consultants. There will always be a role for the technical team in any SPED implementation. However, if business users are not comfortable managing implementation and maintenance processes, then this is a strong indicator that the solution you have chosen will continue to add significant compliances costs to the organization going forward.
  
  The Lynas solution was designed from the ground up to empower business users to address the SPED challenge. With rapid implementation, visual integration mapping and parameter driven user maintenance, LynasSPED delivers low cost of ownership. Whether you are investigating SPED compliance for the fist time, or are now realizing the costs your existing solution has imposed on the business, it is never too late to evaluate a lower cost long term strategy for your business.