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FINANCIAL IMPACT

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Realizing operational or sustainability savings is important to you and your organization.  You know value projects are being run to deliver those savings, but you are not quite sure of the savings realized to date and how much more is needed to achieve the goals. You need visibility to know where you are and management tools to ensure you reach your goals.  The ECOLAB3D™ Financial Impact service provides you both.  

WHY FINANCIAL IMPACT?

Financial Impact gives you the capabilities you need to collaborate with Nalco Water/Ecolab and your team to reach your critical operational and sustainability savings goals. Financial Impact provides the essential visibility and management tools to help you get the job done.

Visability
VISIBILITY

You get an up-to-date view of the realized savings, whether it be for the entire enterprise or a given site, and a comparison of the year-to-date savings versus the corresponding goal. 

Management Tools
MANAGEMENT TOOLS

The management tools enable you to see the value projects in the pipeline so that you can jointly, in conjunction with your Nalco Water/Ecolab counterpart, prioritize the impactful ones for quicker completion and realization of the savings. 

FREQUENTLY ASKED QUESTIONS

Value projects are TCO (Total Cost of Operations) savings opportunities that are identified by your on-site Nalco Water/Ecolab representatives.  These projects can deliver financial benefits related to increased asset life or product quality, reduced water or energy, or expanded production or productivity.  Once they are approved for execution, we work together with your team to implement the project and deliver the resulting savings.
Value project data are maintained by your on-site Nalco Water/Ecolab representatives in our internal CMV (Create and Maintain Value) system.  Project data includes the amount and type of the savings, the project’s stage and key milestone dates.  Financial Impact leverages and rolls up this data, making it visible and valuable for you and your team.

Financial Impact provides three primary views, each of which answers a specific question. 

  • The first view is “Cumulative TCO versus Goal”. This view shows you the cumulative TCO (total cost of operations) savings delivered, quarter by quarter, to your enterprise or site by completed projects. This view answers the question, “Are we behind or ahead of the Goal?”
  • The second view is “TCO by Quarter”. This view shows you the quarterly TCO (total cost of operations) savings delivered to your enterprise or site by completed projects. These are the same quarterly values shown in the “Cumulative TCO versus Goal” view. They are just graphed individually, not cumulatively. This view answers the question, “Are we speeding up or slowing down in savings delivery?”
  • The third view is “TCO Savings Pipeline”. This view enables you to identify impactful projects for prioritization to speed savings delivery. This page helps you understand the amount and type of savings at each project stage. The Project Table shows the projects in a given stage sorted to show the ones with the largest annual savings.  You can then view the Project Overview of projects of interest to better understand them and whether they are good candidates for prioritization. This view answers the question, “Which projects need to be prioritized to speed value delivery?”

The best sequence to use the three Financial Impact views is:

  1. The “Cumulative TCO versus Goal” view to answer the question, “Are we behind or ahead of the Goal?”
  2. The “TCO by Quarter” view to answer the question, “Are we speeding up or slowing down in savings delivery?”
  3. The “TCO Savings Pipeline” view to answer the question, “Which projects need to be prioritized to speed value delivery?”
You can use Financial Impact both internal to your enterprise and externally with Nalco Water/Ecolab to drive added savings for your company.  Internally, team members from around the globe can see and discuss the same view to decide on prioritized projects or to push for their completion.  A Corporate/Personal toggle enables everyone to see the same currency and units of measure to facilitate these discussions.  Externally, in your meetings with Nalco Water/Ecolab, you can use Financial Impact to discuss these same topics and speed the resulting savings.
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