ROI calculator finds revenue opportunities, reduces costs and boosts profits

A new online tool from DocuWare lets users calculate how much their own organisations can save by implementing an electronic Document Management (DMS). This Return of Investment calculator demonstrates on an individual basis how costs can be reduced and profits enhanced through space and time savings.

ROI is a critical factor when making a significant acquisition. DocuWare recently developed the ROI Calculator to help companies better estimate an investment in a DMS - in just minutes. This free online tool provides companies with a custom profile that demonstrates how much savings and profit potential can be unlocked with a DMS. For example, users can calculate exactly how much space and time or copying or printing costs can be saved on a monthly basis.

Another special feature of the tool is that users review paper usage in specific departments in order to receive concrete suggestions on how to turn time saved into an increase in revenue. For an Accounting department, for example, exact savings from improved cash flow or early payment discounts can be established. In a Purchasing department, however, th application shows how DocuWare lowers costs by helping to negotiate better terms and conditions. In Sales, it evaluates how much revenue could be increased by streamlining processes.

DocuWare users interested in expanding their DMS into other departments can specifically see where the hidden profits are. The ROI Calculator also makes it simple to calculate how quickly a DMS would be amortized.

The tool can be launched by going to www.roi-check.com. A variety of calculation options are available. Thanks to its intuitive design, users can easily generate results that show how a DMS can benefit their business.