On the sixth day of capture, my solution gave to me... 6 month return on investment 5 multifunction devices (for distributed scanning) 4 less staffers manually keying data 3 million paper documents (to be scanned) 2 high volume production scanners And a capture solution that saved a million dollars annually. On the seventh day of capture, my solution gave to me... 7 hours saved per week to work on other things 6 month return on investment 5 multifunction devices (for distributed scanning) 4 less staffers manually keying data 3 million paper documents (to be scanned) 2 high volume production scanners And a capture solution that saved a million dollars annually. On the eighth day of capture, my solution gave to me... 8 thousand dollars per month saved on error reduction 7 hours saved per week to work on other things 6 month return on investment 5 multifunction devices (for distributed scanning) 4 less staffers manually keying data 3 million paper documents (to be scanned) 2 high volume production scanners And a capture solution that saved a million dollars annually. On the ninth day of capture, my solution gave to me... 9 less days to process the paperwork 8 thousand dollars per month saved on error reduction 7 hours saved per week to work on other things 6 month return on investment 5 multifunction devices (for distributed scanning) 4 less staffers manually keying data 3 million paper documents (to be scanned) 2 high volume production scanners And a capture solution that saved a million dollars annually. On the tenth day of capture, my solution gave to me... 10 times 100 square feet (1000 square feet total) in storage space savings 9 less days to process the paperwork 8 thousand dollars per month saved on error reduction 7 hours saved per week to work on other things 6 month return on investment 5 multifunction devices (for distributed scanning) 4 less staffers manually keying data 3 million paper documents (to be scanned) 2 high volume production scanners And a capture solution that saved a million dollars annually
If I were to market my information governance program I would have two singing bobble head dolls that would communicate the double headed ROI of information governance: 1) Decrease Risk of Indictment 2) Increase Return on Investment. To promote decreased risk of indictment I would use a bobble head in the likeness of Dana Carvey’s imitation of George H.W
I said before that I would continue the blog post on โ Why All RIM Professional Should Obtain the CIP,โ and this is that continuation. Information creation and delivery is constantly changing and this creates new challenges for managing it. In the past records manager had to be concerned...
Information is what dictates the decisions about other assets to forecast what the return on investment will be for the company
ROI is a double-edged sword, with one edge being maximizing Return on Investment and the other edge being reducing the Risk of Indictment
You create some compelling sales and marketing materials with a heavy emphasis on Return on Investment. After all, you have conviction that your service is going to help businesses decrease operational costs, improve worker productivity and provide much better access to information which all translates to achieving tangible payback on your customer’s technology investment
These savings can really add up and show an impressive and substantial return on investment. #green #paperless
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One of the purposes of information governance is to get a return on investment of information. The only way to know what that return on investment is is to know how your users are using information and how it meets their needs
and measuring the business outcome and/or ROMI (return on marketing investment)/ ROI (return on investment) are being discussed during solution conceptualization
All information in an organization has the potential to pose risk to an organization as well as be an asset that the enterprise can get return on investment. Thus, all information needs to be managed – enterprise content, data, social media, and any other avenues in which information flows through an organization
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