RSD

University of Miami Achieves 532% ROI with RSD

We collaborated with Thoughtware Worldwide to study objectively the breadth and depth of productivity improvement our products bring to our customers.  Their report, available in compressed form here, and in its full length here, details how the results were achieved.

Here's an excerpt from the press release:

"What began as an initiative to migrate from microfiche to a digital archiving solution has become the foundation for widespread process improvements and millions of dollars in cost savings annually at over 120 departments at the University of Miami," said Jim Balter, Senior Business Systems Analyst. "For over ten years, RSD has helped us reduce operating costs for antiquated systems, repurpose physical office space for more strategic university uses, reduce paper consumption by 90%, and permanently improve productivity by eliminating time lost associated with physical archive document retrieval."

Measuring RSD Success: Upcoming ROI Study and Press Release

Thoughtware Worldwide LLC recently published a return on investment study entitled "The University of Miami generates business value through information governance with RSD -- realizes a 532% ROI."

The study details the millions of dollars in annual expense savings and permanent process improvements achieved by the University of Miami through their use of RSD solutions for document management and information governance.

Specific drivers of the 532% ROI include:

• Elimination of legacy archiving system: $250,000 per year

• 90% reduction in paper consumption: $925,000 per year

• Reduction in off-site storage costs: $1,000,000 per year

We'll post the study and a press release on the web site shortly!

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