Tuesday, August 12, 2008

Justify Electronic Document Management

Tactical and Hard Dollar Savings
  1. Funding – Collect revenues faster
  2. Reduce Operational Costs – Photocopies, supplies, courier
  3. Space Saving – reduce rent, avoid warehousing space

Productivity and Soft Dollar Savings
  1. Reduce searching time
  2. Less Stress and fatigue
  3. Simultaneous access to information
  4. Directing relevant information and document to right people
  5. Reducing number of activities required
  6. Improving the quality of work
  7. Reducing time spent on unproductive activities
  8. Enabling new activities
  9. Improving record control and security
  10. Online access to files typically located in other facility
  11. Improves relation to customer/ vendors/ partners
  12. Build barriers towards competitors
  13. Efficient and effective Service over competition

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