{"id":369,"date":"2007-08-27T07:00:01","date_gmt":"2007-08-27T15:00:01","guid":{"rendered":"http:\/\/www.formtek.com\/blog\/?p=369"},"modified":"2007-08-27T07:00:01","modified_gmt":"2007-08-27T15:00:01","slug":"workflow-does-streamlining-the-process-save-money","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/workflow-does-streamlining-the-process-save-money\/","title":{"rendered":"Workflow: Does Streamlining the Process Save Money?"},"content":{"rendered":"

Everyone agrees that technologies like ECM, BPM, Document Management and Workflow streamline processes. They’re clearly saving time and increasing efficiency, but putting a dollar figure on exactly what that savings is can be eluding.<\/p>\n

A report <\/a>written by research manager Cliff Mills of UK-based PMP Research called “Road to an Information Strategy” found just that. PMP Research made a recent survey of mid and large-sized UK companies.<\/p>\n

26% of the companies responded that estimating ROI of these technologies is ‘very difficult’, and 32% said that it is ‘difficult’. Only 4% said estimating ROI was ‘easy’ and none of the companies said that it was ‘very easy’.<\/p>\n

When asked what the biggest challenges organizations are facing in implementing BPM, ROI topped all others by a wide margin. All of the responses were as follows:<\/p>\n