After an illuminating “Swear By The Deep Sea” session on business prudence in August, ASIRT took the next step to salvage IT services industry from the brink of impending disaster. The landmark “ASIRT Tool - Know Your Costs” was demonstrated live, uncovering the ease of use and how 20 minutes can transform a business forever.
Â
ASIRT Tool is a free, freely downloadable & simple to use Excel sheet that presents a clear, unambiguous snap-shot of business, profitability and helps build an effective business strategy. Virtually any business can use the ASIRT Evolve Tool to segregate their cost and earnings per vertical to understand where the money comes from, where it goes and what is the profitability per vertical as demonstrated ASIRT President Kshitij M Kotak.
Â
“Using the ASIRT Evolve Tool a businessman can analyse his professionally which vertical he needs to focus on; which vertical provides maximum and minimum profitability, which vertical bleeds his business in terms of resource drain and money. This financial self-realization will ultimately lead businesses to price themselves right on the basis of business goals, costs and profitability aspirations.”
Â
Kotak announced that the ASIRT Evolve Tool - Know Your Costs has been sent to over 22000 system integrators across the country so that not just members but the entire industry evolves to a brighter future. “After using the ASIRT Evolve Tool and knowing cost of service for each business activity, no businessman would plunge into a deal that bleeds his business - at least not blindly”, he said. On a funny note when a participant asked what if they still continue to do so, Kotak riposted, “Below cost selling shut down retailers, is bleeding oil companies and now as we know can dissolve airlines…” to an audience erupting with laughter.
Â
