Enterprise Document Assessment: The Path From TCO to Business Flexibility
Most enterprises have already made the transition from focusing on acquisition cost to considering Total Cost of Ownership (TCO) when evaluating a business solution. With the convergence of document management technologies, enterprises have an opportunity to make significant reduction in this area of under-measured and under-managed corporate expense. Industry analysts estimate up to 40% cost reduction is possible by addressing total document costs. While TCO models exist, their value is limited unless an organization can also establish a concrete understanding of its own actual document costs.