M-Files commissioned Forrester Consulting to a Total Economic Impact™ (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying M-Files.
The purpose of this study is to provide readers with a framework to evaluate the potential financial impact of M-Files on their organizations. In this report, consultants discuss cost savings and work improvements enabled by M-Files. Forrester analyses and describes quantitative and qualitative benefits after the deployment.
Methodology of the Study
To better understand the benefits, costs, and risks associated with this investment, Forrester interviewed five decision-makers with experience using M-Files.
Prior to using M-Files, the interviewees’ organizations had legacy document and information management solutions, but still struggled with disorganized documentation, locating and exchanging documents, meeting high security and compliance standards, and instituting efficient documentation processes. Attempts to remedy these problems with their legacy systems, a mix of smaller tools, and ad hoc internal solutions were unsuccessful.
After the investment in M-Files, the interviewees’ organizations saw a significant increase in employee productivity driven by an overall document and information management strategy. M-Files provided advanced workflows, facilitated collaboration, eliminated inefficiencies, and automated processes.
About M-Files Platform
M-Files is a document management platform that enables companies to manage their documents and information effectively and securely. M-Files leverages AI and metadata to surface the right content in any context. Companies use M-Files to improve workflows, facilitate collaboration, eliminate inefficiencies, and automate processes.
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