ESI Project ROI Analysis
from FMDC
A comprehensive enterprise wide investment and return analysis
for Electronically Stored Information Projects
ROI Analysis for Electronic Records Management Solutions
FMDC offers a robust ROI Analysis model for companies that need to establish financial return for records management systems investments. The model compares the three-year expense of all aspects of the costs of the solution (design, hardware, software, storage, installation, implementation and ongoing maintenance) with the savings and cost avoidance created by the solution. The ROI Analysis provides the supporting detail to justify the business case for the investment.
The analysis examines the impact of records management solutions across the enterprise. It is often the case, when attempting to build the ROI based on the savings to a single department that the investment is not justified. By examining a wider array of savings, the ROI model provides companies with the insight to understand the full benefits of their technology solutions.
By understanding the broader impact of ESI management solutions, companies are able to see the significant benefit that electronic records management solutions can make. It is not uncommon, to recover the initial investment cost within the first full year of use of the solution.
ESI management solutions generally have a strong risk mitigation rational, but in today's competitive business environment risk mitigation is not enough to justify the necessary investment. The FMDC ROI Analysis provides the financial justification necessary to win senior management support for the project.
When it comes to ESI projects, funding is the first best practice.