The ROI on AboutFace is very easy to calculate.

According to the research firm IDC, an organization with 1,000 employees wastes $2.5 million per year due to an inability to locate corporate information efficiently and due to employees unknowingly duplicating work which has already been done by someone else at the company.  Here's their math:

• The average "knowledge worker" costs $80,000 per year, including salary, overhead and benefits.  Assuming 40 hours per week and 52 weeks per year, that's a $38.46 hourly rate.
   

• Each worker spends 15 minutes per day searching for corporate information which is hard to find or duplicating work which has already been done by someone else at the company.  That's 65 wasted hours per year.
   

• The annual cost of this inefficient information retrieval is:
  $38.46/hr. x 65 wasted hours x 1,000 workers = $2.49 million per year.

By making information easier to find, a system like AboutFace will quickly reduce the number of work-hours spent searching for information and duplicating work unnecessarily. And, since the cost of AboutFace equals a mere 1% of the potential savings, it's easy to see how you'll earn a quick and substantial ROI from our software.

In addition to the time savings calculated above, AboutFace saves your organization time and money in a number of other ways which also add up.  We invite you to review the list below and assign your own value to each:

• Cost savings from eliminating printed phone lists.
   

• Cost savings from automating floor plan maintenance and eliminating the need to print and distribute them.
   

• Corporate community benefit from having a firm-wide directory of employee photos.
   

• Time savings for your HR folks from allowing employees to update their own contact information.
   

• Time savings associated with being able to quickly track down a firm "alumnus."
   

• Cost savings associated with better tracking which corporate assets are assigned to each employee.
   

• Cost savings from not outsourcing tasks that could be done internally if you could identify an employee with the right skills for the task (for example, a language skill).

Would you like to receive a white paper that discusses this in more detail?  Please contact us.