ROI Calculators

Reduce Costs, Boost Benefits

With these new online tools from DocuWare and eForms Express, users can calculate how much their own organizations can save by implementing a Document Management System (DMS). This appropriately named ROI Calculator also demonstrates on an individual basis how costs are reduced and profits enhanced through space and time savings.

Return on Investment (ROI) is a critical factor when making a significant acquisition. DocuWare recently developed a ROI Calculator to help your company better estimate an investment in a DMS - with just a few mouse clicks. This free online tool provides companies with a custom profile that demonstrates how much savings and profit potential can be unlocked with a DMS. For example, users can calculate exactly how much time; space or copying costs can be saved on a monthly basis.

BBDS also created an ROI calculator that can help organizations calculate the undocumented costs associated with the manual handling of paper. The calculator takes "soft costs" that are often difficult to measure into account.

That calculator is also available at www.eformsexpress.com

Another special feature of the tool is that users review specific departments to receive concrete suggestions on how to turn time saved into an increase in revenue. For an Accounting department, savings from improved cash flow or early payment discounts can be calculated. In Purchasing, the ROI Calculator shows how a DMS may help lower costs by helping to negotiate better terms and conditions, such as meeting early pay discount deadlines and avoiding late fees. In Sales, it calculates how much revenue can be increased by streamlining processes. DocuWare users interested in expanding their DMS into other departments can specifically see where the hidden profits are. These ROI Calculators make it simple to calculate how quickly a DMS can benefit their company.

A BBDS solution consultant can also assist you with ROI and Business Case development.