Implementation of automated document handling systems (or outsourced services) can reduce direct costs by 50%. This is achieved by reducing manual data entry, providing accurate data verification without human intervention and automatically checking financial data.
Applying a BPM methodology to a document management system will help you realise an immediate return on investment (ROI) from the project. However, the more significant return on investment emerges when the organisation as a whole embraces the BPM philosophy.
Furthermore, leading analysts, including Gartner, claim that typically 20% of the costs of an ERP implementation are taken up on the design and production of documentation. Formscan can provide a very real ROI in a short time period.
For example; a pan-
Managed electronic archiving, or outsourced paper document archives linked to scan-
“
Harvest Housing will get a
return on investment in less
than two years
Tracy Neale -
A worthwhile system must be cost effective