What is the typical ROI for engineering document management?
An engineering document management system delivers both immediate and long-term ROI improvements. An EDMS can immediately improve cash flow in the short term by reducing paper costs and increasing employee efficiency. Over time, ROI improvements will be seen in savings per document, reduced timelines for companies for payroll, turnaround, invoicing, and other key processes. Also, document-related cost reduction, more efficient customer service and public service, reduced storage and archival costs, and more effective collaboration and document modification.