InvestorsHub Logo
Followers 0
Posts 1733
Boards Moderated 0
Alias Born 05/19/2012

Re: DSherman post# 76886

Monday, 09/22/2014 4:13:31 PM

Monday, September 22, 2014 4:13:31 PM

Post# of 183543
Well, basically you have to run through an audit to demo the software. Then when you put a contract together for pricing, you have to do an ROI to show how many audits they would need to do to pay for the software. So hence, you review how many audits they do and what is the average cost. They break down the audits by the number of hours it takes to put them together. For example, if they have an organization that needs 250 hours for the audit, I would have to show how much time the software would save vs their current program to give them an ROI. This is the reason I contacted Paul because I used PVSP as an example while marketing our "going concern" software. And yes, the CPA's told me what they would charge based on the SEC filings which was half of what they were paying. And what are you basing your previous response on? Let me know of your background in accounting to validate the last statement.