IT Return on Investment (ROI): A Practical Guide for Business Users – Part Five

Part Five: How does your company feel about the inclusion of indirect or “soft” benefits?

One of the knocks I often hear against content management ROI is that the majority of benefits are indirect and that a company resists their inclusion.  Let’s start with a few examples:

Employee time savings
          Process automation (enabling and participating in workflows)
          Finding accurate content quickly

Efficiency gains
          Improved decision-making processes
          CSRs handling an increased number of customers

The best way to measure these indirect benefits is to proactively perform time studies.  Perhaps this work could be included as a component of a pilot project?  If, for example, prior to the implementation of the content management system, a Tier 1 CSR could manage eighteen (18) transactions per hour and post-implementation this figure is doubled to thirty six (36) transactions per hour, you now have tangible data at your disposal.  Other options for the inclusion of indirect benefits include: using a specific percentage (ie. 25%) of the benefits, or lumping these indirect benefits into a section at the end of your ROI analysis and call on/use them only if needed.

See part Four here

See part Three here

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