Determining The ROI of Your Intranet System

Read this tip to make your life smarter, better, faster and wiser. LifeTips is the place to go when you need to know about Intranet Company and other Web Design topics.

Is there a way to determine the bottom line benefit of my company Intranet system?

Determining The ROI of Your Intranet System

You may have recently implemented an Intranet system into your organization's inner workings, but have you been able to measure the ROI it has on your bottom line? Rather than looking at your overall Intranet system in its entirety, it is beneficial to examine concrete key areas of your company Intranet that you can measure like cost savings, increased employee productivity, and competitive advantage in the marketplace. The important thing to keep in mind when evaluating ROI dollars is to remove operational costs from your equation. For instance, do not calculate anything requiring regular maintenance such as necessary upgrades. Cost savings can include items like avoiding printing costs and distribution costs. Increased employee productivity can be realized through better communications and more efficient project collaboration. You can improve your competitive advantage in the marketplace by using your Intranet system to improve forecasting and managerial decision-making.

   

Comments

Nobody has commented on this tip yet. Be the first.



Name:


URL: (optional)


Comment:


Not finding the advice and tips you need on this Web Design Tip Site? Request a Tip Now!


Guru Spotlight
Jerry Mayo