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Enterprise Content Management Identifying and Addressing New Areas of Cost Reduction How to use this...

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Enterprise Content Management Identifying and Addressing New Areas of Cost Reduction How to use this PowerPoint template: 1. Insert these slides onto your company template. 2. Update metrics where noted. When finished, delete all instructions.
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Enterprise Content ManagementIdentifying and Addressing New Areas of Cost Reduction

How to use this PowerPoint template:1. Insert these slides onto your company template.2. Update metrics where noted. When finished, delete all instructions.

Our Top Areas for Immediate Revenue Impact

How Things Work Now After Implementing ECM Software

Manual, time-intensive paper shuffling Automated filing, routing, approval and more

Lost and misfiled documents keep staff from having insight into processes

Better decision-making around issues that impact our bottom line

Information silos prevent collaboration Scalable across teams, making information easy to share

Continually increasing operating costs Low risk, moderate investment with quick ROI

ECM Has a Rapid ROI

Investment Incremental Revenue

• ECM software = $<insert value>/month• Services = $<insert value>/month

• Estimated incremental revenue = $<insert value>

=Incremental revenue – monthly cost

Monthly cost

<insert value> - <insert value>

<insert value>

ROI = = <insert value>%

Replace the numbers on this slide, then remove this box.

• Instantaneously answer information requests from auditors, clients and customers• Keep track of documents

that must be viewed and signed by other personnel• Use time more wisely

Save Time

Employees spend 20% of their day looking for information in hardcopy documents and only find what they need 50% of the time.

Increase EfficiencyStaff Efficiency as a Percentage of Revenues*

Business size(annual revenue)

Back-office staff costs as a percentage of annual revenue

Efficiency Savings

$500k

24% ($120,000)

4.8% ($24,000)

$1 million

27% ($270,000)

5.4% ($54,000)

$4 million

23% ($920,000)

4.6% ($184,000)

• 5-year ROI of 404% (IDC)• 50% of organizations see

payback as early as 6 months (IDC)• $1-5 savings per document

after implementation (EDI Group, Ltd.)• 40% document-related cost

reduction (Gartner)

Raise the Bottom Line

• Access documents from desktop, laptop, smartphone or tablet• Integrate seamlessly with

our website• Balance accessibility and

security

Increase Collaboration

• Recapture lost hours• Reduce overhead

expenses• Increase profitability• Improve service levels

Automate Processes

Source: IOMA

The average cost of processing an invoice in an environment with a low level of automation can be up

to 20 times greater than in an environment with a high level of automation.

The Value of Accounts Payable Automation

Source: The Aberdeen Group

The average cost of processing an expense report in an environment with a high level of automation is

39% lower than in an environment with a low level of automation. For an organization processing 1,000 expense reports monthly, that’s an annual

savings of $97,680.

The Value of HR Automation

Investment Area Potential Investment Needs

ECM Software • A new system for creating, storing and managing electronic documents

Computing and Network Technologies

• Additional scanners• Mobile devices• Data storage systems

Process Integration • Needs analysis and application design• Development and testing• Rollout

Training • Online or in-person training resources for employees and other users

Shared Services • Realigning work functions to take advantage of the efficiencies and cost savings enabled by electronic documents and automated workflows

Potential Investment Requirements

These are suggested stages for implementing an ECM project. Replace as you see fit, then remove this bar.

Stage 1 Stage 2 Stage 3

Today 6 months

Next Steps

Stage 1 Stage 2 Stage 3

Select a Vendor• Industry expertise• Functionality• Community• Educational resources

Planning• Where to start?• Metadata/ templates• Folder structure• Workflows• Integrations

Implementation• Build out folders,

templates and workflows• Testing• Training• Go live

Populate ROI value, then delete this bar.

Summary

Benefits Solution ROI

• Save time• Increase efficiency• Raise the bottom line• Increase collaboration among

departments and customers• Automate important processes

like HR, A/P and more

• Adopt ECM technology• Make better use of

existing applications

• Estimated ROI: <insert value>%• Large potential

benefits with small incremental investment

• Launched in 1987• 34,000+ worldwide installations• 300 employees in 9 offices• 20% Growth annually• Microsoft Gold Certified Partner• 94% client satisfaction rate

Laserfiche ECM software builds on existing business processes, making them smarter, faster and more efficient.

Microsoft Gold Partner Featured in ECM MQ “2013 Leader in ECM” “Company on the move” “Outstanding Pick”


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