Understanding the Actual ROI of a Document Management System

How do you calculate the return your legal firm will get from investing in a document management system (DMS)? It’s a question that’s being asked very widely as firms consider the next step in their digital transformation. To help with the answer, this whitepaper explains how to calculate ROI using an alternative and more objective approach. Instead of focusing on projected efficiency gains that fall under the label of ‘soft cost’ savings, here we’re working out the actual ‘hard cost’ savings that accrue when you implement a Cloud-based DMS. This means that decisions can be based on hard data, delivering high credibility.