Every investment a business makes should have a measurable impact. In the case of an EQMS, the ROI is based on the savings achieved from the prevention of litigations, product recalls, reputation management and the cost of rework. Moreover, high levels of quality control, enabled by data and dashboards, can deliver a competitive advantage to your business – improving customer satisfaction and catalyzing revenue growth.
The EQMS should enable root cause analysis, corrective/preventive actions, predictive analytics, document management, change management, and similar features to ensure that you get sufficient alerts to prevent nonconformances from occurring.
The functionalities an EQMS offers is the raison d’etre (reason for being) for implementing one. An end-to-end quality management system such as the one from ComplianceQuest offers an
entire range of functionalities needed to meet your quality requirements.
Follow these Dos and Don’ts while selecting the right EQMS solution, as these will assist in prioritizing the quality efforts and helping you achieve quality excellence.