To aid companies looking to improve their return on investment for their enterprise content management solutions, Perceptive Software recently published a new whitepaper called Proving the ROI of ECM to your CFO.

According to the whitepaper, many executives feel they are not prepared to calculate ROI effectively, but, with the correct approach, the process can be achieved effectively and quickly for companies. The whitepaper includes several processes of how certain companies improved their overall ROI.

“Enterprise content management solutions could do it all, but some wanted us to pay for much more than we needed,” said Ben Adams, Bentall Kennedy’s business innovations manager. “To help us analyze this, we created a grid on core functionality, then rated ROI and functionality benefits.”

Adams also said that 80 percent of the company’s work was produced easily from the ROI tools it employed.

While companies look to improve their ROI for ECM, some are having trouble with stagnation. According to a ITBusinessEdge report, Tom Jenkins, executive chairman of OpenText, said that investing in ECM pays for itself in just months by reducing redundancy.