How Enterprise Content Management Can Save You Money

So why would your business want an ECM system? To improve your profits or course, you are a business after all. Inefficient systems for managing your corporate information can be costing you tens of thousands of dollars per year.

We have provided a simple hypothetical example. Say you have one hundred employees. Each one spends an extra 15 minutes a week looking for documents due to your inefficient systems. They also spend an average of half an hour per week re-working documents because the correct version was either lost, deleted or over-written by someone.

Example.
Number of employees: 100
Time spent searching per week: 0.25 hours
Time spent on rework per week: 0.5 hours
Weeks worked per year: 48
Average hourly wage: $50
Total amount lost per year: $180,000

As you can see it quickly adds up. Try our little calculator to see how much we can save you per year.

Savings Calculator

Number of employees:
Hours per week searching:
Hours per week on rework:
Weeks worked per year:
Average hourly wage:
Total amount lost $