Before purchasing an Electronic Document Management (EDM) solution, enterprises should perform a Return on Investment (ROI) analysis. Early ROI calculations enable enterprises to organize expectations for cost savings and act as a point of measure for post-deployment analyses.
Use this tool to:
- Organize existing document administration costs.
- Log all expenses associated with the EDM investment.
- Project best-case and worst-case reduction scenarios for all existing costs.
- Estimate the ROI for the selected EDM solution.
Project the potential ROI of the selected solution before deployment to better evaluate the actual ROI after deployment.