Not only is software-as-a-service (SaaS) enterprise content management (ECM) a growing trend in the business world, but according to one expert it can give companies an 813 percent return on investment.
According to HK Bain, CEO of Digitech Systems, SaaS ECM can do just that. In addition to increased ROI, Bain says the technology can also cut costs for businesses and save them time.
These costs savings can be almost immediate says Bain as he points out with the case of the R.C. Bigelow Company, makers of Bigelow Tea. He says within two months of implementing a Saas ECM solution in its accounting department, the software had already paid for itself.
This led the company to implement the system in other departments which increased its ROI 813 percent, according to Bain.
At a time when companies are attempting to cut costs while still staying on top, Bain says Saas ECM is the perfect solution.
"Doing more with less may be the critical defining factor of success for 2009 and beyond. The days of technology projects for technology’s sake are over," he says. "SaaS ECM is right for the leaner businesses of today."
Earlier this year CMSWire reported that companies using open source ECM could save up to almost $800,000 per year.