THE BOTTOM LINE
A biopharmaceutical company eliminated a legacy content management system (CMS) and consolidated multiple document management and archiving systems into Hewlett Packard Enterprise (HPE) Content Manager. Nucleus found that beyond reducing software and hardware costs by $158,000 per year, the consolidation yielded improved control over compliance and retention policy changes as well as increased productivity from improved document searching efficiency.
Payback: 2.8 years
Average annual benefit: $22,057