As business complexity and size grow, it is natural for quality managers to consider replacing existing paper-based systems, spreadsheets or isolated databases relied upon for managing critical quality and compliance processes, with integrated, centralized and workflow-driven systems.
However, architecting and implementing an enterprise-wide system for CAPA, Audit and Document Management requires investment and managers must justify the cost by demonstrating benefits of implementing a new system by analyzing the Return on Investment (ROI).
Here are three articles that provide a step-by-step approach for conducting the ROI analysis for the critical processes.
- ROI Analysis of a CAPA Management Solution
- ROI Analysis of an Audit Management Solution
- ROI Analysis for an electronic Document Management Solution
The framework includes elements like:
- How much will the project cost
- What can the company expect to gain in return
- How many man-hours will be saved
- Where will the process improve
- What will be the quantifiable cost reductions
- How will it impact the company's bottom line
2 comments:
There has to be something bigger then this.
Business Process Management
---------------------------------------------------------------------------------------
Hi there, awesome site. I thought the topics you posted on were very interesting. I tried to add your RSS
to my feed reader and it a few. take a look at it, hopefully I can add you and follow.
----------------------------------------------------------------------------------------
Document Management Systems
Post a Comment