How to measure the ROI of an internal platform in 90 days

Unlock the true value of your internal platforms. Learn how to measure ROI in 90 days with actionable strategies and KPIs.

Internal platform ROI metrics

How to Measure the ROI of an Internal Platform in 90 Days

In today’s fast-paced business environment, internal platforms are no longer a luxury; they are a necessity. From streamlining operations to fostering collaboration and driving innovation, well-built internal tools can be a significant competitive advantage. However, the investment in developing and maintaining these platforms can be substantial. This raises a critical question for product leaders, CTOs, and technology teams: How do we measure the ROI of an internal platform?

Many organizations struggle to quantify the tangible benefits of their internal technology investments. This often leads to underfunded projects, missed opportunities, and a general lack of strategic alignment. The good news is that with a structured approach, you can effectively measure the Return on Investment (ROI) of your internal platforms, even within a tight timeframe like 90 days. This article will guide you through a data-driven methodology to prove the value of your internal platforms and secure future investment.

1. Defining Your Internal Platform’s Strategic Objectives

Before you can measure anything, you need to understand why the platform exists and what it’s intended to achieve. A clear definition of strategic objectives is the bedrock of any ROI calculation. Without this, you’re essentially measuring progress against a moving target.

Aligning with Business Goals

Your internal platform should not exist in a vacuum. It must directly support overarching business objectives. Consider:

Establishing Measurable KPIs

Once objectives are defined, translate them into specific, measurable, achievable, relevant, and time-bound (SMART) Key Performance Indicators (KPIs). These are the metrics you will track to demonstrate ROI.

2. Quantifying the Investment: Total Cost of Ownership (TCO)

Measuring ROI requires a clear understanding of the total investment made in the internal platform. This goes beyond the initial development cost and includes ongoing expenses. A comprehensive Total Cost of Ownership (TCO) calculation provides a realistic picture of your investment.

Development and Implementation Costs

This is often the most visible part of the investment. It includes:

Ongoing Operational and Maintenance Costs

These are the recurring expenses that keep the platform running and relevant:

Example: A company develops an internal CRM for its sales team. The initial development cost was $150,000. Over the first year, ongoing costs for cloud hosting, maintenance, and a dedicated support engineer amount to $50,000. The TCO for the first year is $200,000.

3. Calculating the Tangible Benefits: Quantifying Value Creation

This is where the real work of demonstrating ROI happens. You need to translate the improvements driven by your internal platform into monetary terms.

Direct Cost Savings

These are the most straightforward benefits to quantify.

Productivity Gains and Revenue Impact

These benefits are often less direct but can be even more significant.

Formula for Tangible Benefits: Tangible Benefits = (Direct Cost Savings) + (Quantified Productivity Gains) + (Quantified Revenue Impact)

4. The 90-Day ROI Measurement Strategy: A Phased Approach

Measuring ROI within 90 days requires a focused, iterative approach. It’s about proving initial value and setting the stage for ongoing measurement.

Phase 1: Baseline Establishment (Days 1-15)

Phase 2: Implementation & Initial Tracking (Days 16-60)

Phase 3: Analysis & Reporting (Days 61-90)

Example 90-Day Scenario:

Initial analysis might seem negative, but this highlights the importance of looking at the annualized potential. If this saving continues for a year, the benefit is $5,328. The ROI over a year would be significantly different. The 90-day report is about demonstrating progress and predictive value. The goal is to show that the platform is on track to deliver substantial ROI over its lifecycle.

5. Beyond 90 Days: Continuous ROI Management

The 90-day mark is a crucial milestone, but it’s not the end. Effective ROI management is an ongoing process.

Establishing a Continuous Measurement Framework

The Intangible Benefits: Don’t Forget Them

While the focus is on quantifiable ROI, acknowledge and document intangible benefits. These can be harder to put a dollar figure on but are vital for strategic decision-making.

Checklist for 90-Day ROI Measurement

To help you navigate this process, here’s a concise checklist:

Conclusion: Proving Value, Driving Future Investment

Measuring the ROI of an internal platform in 90 days is an achievable goal when approached strategically and systematically. By clearly defining objectives, meticulously tracking costs and benefits, and employing a phased measurement approach, you can provide concrete evidence of your platform’s value. This data is not just for reporting; it’s a powerful tool for securing future investment, justifying ongoing development, and ensuring your internal technology truly serves as a catalyst for business growth.

At Alken, we specialize in helping B2B software companies and their technology teams build and optimize internal platforms that deliver measurable business outcomes. We understand the nuances of quantifying ROI and can assist you in developing robust measurement frameworks, identifying key metrics, and translating your platform’s impact into tangible business value.

Ready to unlock the true ROI of your internal platforms?

Contact us today at [email protected] to learn how Alken can help you measure, optimize, and maximize the value of your internal technology investments.


Downloadable Metrics Template:

[Link to your downloadable template here - e.g., a Google Sheet or Excel file]

(Note: In a real-world scenario, this would be a hyperlink to a downloadable file containing a template for tracking TCO, KPIs, benefits, and ROI calculations.)