Intranet ROI

Meauring ROI (return on investment) of a company intranet is at best an imperfect science. Rather than attempting to provide you an ROI dollar value, we thought some ideas on how an intranet can save money for the company might be useful.

Reduce the time it takes for employees to find company documents by placing them all in a central location on the intranet - with a unified, single advanced search and full-text searching
Reduce time and paper costs by having employees use electronic forms, route them to supervisors or designated management, sign off on them and store the form results - all electronically via the intranet
The intranet can go a long way in attracting talent and keep them with you. Build community and corporate culture. Give employees the tools they look for in collaboration, networking and increased job satisfaction, and watch your turnover rate decrease
Building a custom intranet is expensive. Use a rapidily deployed intranet that essentially manages itself, rather than hiring someone to create and manage an intranet for you. Free up resources to work on other projects that are valuable to the company
Reduce the management of your intranet, stop the bottleneck of restricted publishing and let everyone contribute themselves, rather than tying up an IT or HR person to publish content
If every employee saved 15 minutes a day in productivity by using the intranet; finding information they need quickly and efficiently, how much cost savings would that be?
Huge costs are incurred when recruiting and hiring new employees. Use the Job Center on your intranet to fill positions internally with people who already know the policies, flow and culture of your business
Automate and streamline the management of courses and student registrations by putting it all on the intranet. Free up the time of a your training manager to focus on course material, video how-to's and bring on new projects
Retaining your employee's knowledge beyond their employment is a soft cost that may be hard to quantify, but can provide huge gains for the company in the long run
Create a leaner and more efficient IT help center by encouraging employee to use the intranet Support Desk tool, where they can submit issues, and track the status of their tickets
With buying out-of-the box, you save on not having to hire contractors, you can deploy quickly, you have minimal training to get employees up to speed, and you never have to worry again about finding, building, or maintaining new features and applications
Intranet Connections supports the Active Directory single sign-on model for intranet access. Push employee HR information into Active Directory and synchronize the data on your intranet. Create a focal point for information coming from other sources in the enterprise
Encourage employees to share cost-saving ideas, or new revenue streams, for the company via the Suggestion Box. You never know, a million dollar idea could come from one of your employees
Provide better service to your customers by arming your employees and sales teams with streamlined information at their fingertips, and keep them current to industry news through RSS feeds