Calculating the Return On Investment
Can new staff find information when needed?
When staff leave or retire, is their institutional knowledge captured and shared?
Reduction in Change Orders
Can you find all the documents necessary when starting a renovation or construction project?
Are you missing important information?
Too many mysteries?
How much money are you spending on change orders because the architect and engineer could not find the historical information necessary prior to starting the project?
This aspect, alone, could provide your return on investment many times over.
How exposed are your most valuable documents to fire, floods, pests, and mold?
How many times have your drawings been “borrowed” but never returned?
How expensive is it to recreate all of the information that is lost? Can it be recreated at all?
This also could provide the return on investment many times over.