brian dirking content management roi 8 7 08
TRANSCRIPT
Content Management: ROIBrian Dirking
AIIM Golden Gate Chapter meeting August 7, 2008
Return On Investment
Digital Asset Management
• When organizations create graphical images
• When a new image is created, artists spend hours rendering the images to the right size, file format, resolution
• Automating the process with digital image management
Accounts Payable/Accounts Receivable
• Integration of imaging systems can speed processing of payables and recievables
• Speeding up payment can enable your organization to take advantage of discounts
• Speeding up receivables can improve cash flow and lower Days Sales Outstanding – a key measure of collectability
Web Content Management
• Organizations often send paper based updates to their field, manufacturing facilities, branches, etc.
• Paper costs + shipping costs are a prime ROI target
• Emerson • Savings of $574,354 in
printing costs
• Savings of $158,074 in shipping costs including gas, tires and vehicle maintenance.
Content Retention Management
• Content is retained to avoid spoliation• Content must be reviewed in case of litigation• Discovery review costs $1,800 to $2,500 per GB
Dow Chemical conducted an internal cost assessment of a 3-year litigation
project.
They reviewed 75 million pages of text during the 3-year period.
More than 50 percent of the documents they reviewed were out-of-
date and should have been deleted.
The cost of reviewing out-of-date documents amounted to $12 million
ROI – A Measure of Success
• Don’t make ROI an afterthought – build it into your process
• Use it as a measure of success• By using it you will get better at it• Use it as a tool to secure new projects• It is a great way to improve your career – nothing
looks better on a resume than showing how your project delivered a fast ROI
• Shows accountability