TCO Toolkit LLC EARNS GRANT from SC Launch : Expands adaptable Total Cost of Ownership (TCO) Calculator SaaS
ROCK HILL, S.C. (PRWEB) July 31, 2018 -- TCO Toolkit LLC has been awarded a $25,000 Project Development Fund grant by SCRA’s entrepreneurial program, SC Launch. TCO Toolkit software is a adaptable online digital Total Cost of Ownership (TCO) Calculator. The support will allow the organization to provide the requested software feature improvements requested by municipal beta testers located in South Carolina.
TCO Toolkit software is a "mobile first" SaaS application that is built on an award winning activity based costing approach. Because it is vendor neutral, Facility managers and Supply Chain managers, at universities and municipalities like it for evaluating and tracking strategic asset decisions on TCO or value. Municipalities in South Carolina have used TCO Toolkit to find thousands of dollars of resultant Total Cost of Ownership cost savings.
“The grant will enable TCO Toolkit to provide the enhanced functionality requested by South Carolina municipalities to find even more TCO cost savings for their constituents.” said Joe Razum, TCO Toolkit CEO and Co-founder. “As the first TCO focused platform to become self-certified to the APPA/ANSI TCO Standard that Facilities Managers follow, this funding will also help us grow on a national level, so that we can develop more high tech, in demand jobs here in Rock Hill, York County and South Carolina.”
“We are excited about the growth that the TCO Toolkit team has demonstrated in the past year since we accepted them as an SC Launch Client company. With the new TCO Standards becoming more widely adopted, we look forward to seeing the TCO Toolkit team growing even more.” Lee MacIlwinen, SC Launch Regional Manager. Local residents can see how the City of Rock Hill beta test participants found over $104,000 in annual cost savings, on Standby Generators, HVAC services, and Hand Towels, via http://www.tcotoolkit.com.
About TCO Toolkit LLC
http://www.tcotoolkit.com/
TCO Toolkit is an adaptable online digital vendor neutral Total Cost of Ownership Calculator SaaS application that is built on an award winning activity based costing approach. The TCO Toolkit TCO Calculator software can be used by City and Facility Managers to evaluate Asset Decisions in the APPA / ANSI TCO Standard framework. B2B Sourcing and sales managers can use TCO Toolkit case studies to evaluate the value / TCO of their Spend and Offerings. Learn more and get a 30 day trial of the software at http://www.tcotoolkit.com
About SCRA
http://www.scra.org/
SCRA is a state-chartered organization that fosters job creation and grows South Carolina’s Innovation Economy. The SC Launch program is SCRA’s entrepreneurial platform that provides mentoring, grants and investments to qualified, South Carolina companies in the Advanced Materials/Manufacturing, Information Technology and Life Sciences industries.
Joe Razum, TCO Toolkit LLC, http://www.tcotoolkit.com, +1 803-322-2683, [email protected]
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