ROI explained

The current economic situation forces companies to rethink business strategies for the future. While traditional “cost cutting” is necessary, innovative projects with fast return on investment are the true life savers.

Where we see Scriptura mostly chosen for its unique technological and user USP’s such as Open Standards integration and user friendly template designer, we now see that both our products, Scriptura and the new IntelliStamp, are bringing an answer to Return on Investment (ROI) and a lower Total Cost of Ownership (TCO).

While companies spend billions to improve delivery systems, manufacturing processes, employee skills and marketing initiatives, Industry analysts estimate that 98% of companies do not have an effective document strategy. A strategy that could potentially save them millions of euros in operating costs!

Did you know that:

• 90% … of corporate memory exists on paper.
• 80% … of company documents are stored on local hard drives, and are therefore inaccessible to the organization unless they are recreated on paper.
• 19 Times … The amount an average document is copied.
• 25 cents … The average per-page storage cost.
• 20 € … Companies spend in labor to file one document. (Filing volumes double every 10 years.)
• 3% … Percent of documents misfiled on a given day.
• 120 € … Companies spend in labor to find one misfiled document.
• 7.5% … of all documents are lost.
• 250€ … Companies spend in labor to reproduce one lost document.
• 2€… the average cost to print and mail a two page contract to a customer.

industry studies* have demonstrated that the total cost of printing, copying and managing office documents is $8,000 - $10,000 per knowledge worker -- every year.

Every business case we implemented over the first half of 2009 had one critical success factor: a return on investment between 5 and 9 months. When you look at the facts above you see there is room for a lot of improvement. Both Scriptura and IntelliStamp are able to optimize the document process on a strategic level. This means the project will be able to generate money after only a few months, an important fact to consider when deciding on next year’s budget!

Would you like us to show you how we helped other companies? contact us

Or leave a comment on where you see opportunities for optimization within your environment: