KnowledgeLake ROI case study: New Belgium Brewing
New Belgium Brewing (NBB) deployed KnowledgeLake to digitize its on-premises content and automate various business processes across its HR, legal, finance, and environmental health and safety departments. Upon implementation of KnowledgeLake, the organization achieved a 37 percent ROI with a payback period of 2.8 years. Nucleus found that New Belgium Brewing was able to save employees in finance and accounting 20 hours per week by automating the invoicing process, resulting in savings of more than $100,000 annually. Additionally, the organization was able to eliminate approximately $11,500 in annual paper and storage costs by going paperless.