For over ten years, RSD has helped us reduce operating costs for antiquated systems, repurpose physical office space for more strategic university uses, reduce paper consumption by 90%, and permanently improve productivity by eliminating time lost associated with physical archive document retrieval.
Geneva, Switzerland (PRWEB) March 23, 2009
RSD™, a leading provider of enterprise content management and business information delivery solutions, today announced the availability of a research study from Thoughtware Worldwide, LLC which details the millions of dollars in annual expense savings and permanent process improvements achieved by the University of Miami through their use of RSD solutions for document management and information governance.
"What began as an initiative to migrate from microfiche to a digital archiving solution has become the foundation for widespread process improvements and millions of dollars in cost savings annually at over 120 departments at the University of Miami," said Jim Balter, Senior Business Systems Analyst. "For over ten years, RSD has helped us reduce operating costs for antiquated systems, repurpose physical office space for more strategic university uses, reduce paper consumption by 90%, and permanently improve productivity by eliminating time lost associated with physical archive document retrieval."
"In analyzing the results for the University of Miami, we believe this study demonstrates the power of information governance. Using the RSD solution, the University of Miami is demonstrating how to effectively and efficiently manage the entire lifecycle of information in an exponentially growing environment. The RSD solution is providing the University with a platform for greater collaboration, reporting and information sharing in a secure, efficient and low cost model," said Timothy Guyre, Managing Director, Thoughtware Worldwide, LLC.
"The University of Miami is an excellent example of how sustained focus on core process improvement at content-intensive organizations can yield outstanding return on investment," said Pierre Van Beneden, RSD CEO. "We have been working with the University for over a decade, developing what has become the foundation for information governance: the policies, processes, and technologies which ensure compliant management of documents and other rich content throughout their lifecycle. Thoughtware's research has validated what over 1,200 customers have achieved with RSD solutions: tangible ROI and permanent process improvement."
Specific drivers of the 532% ROI include:
- Elimination of legacy archiving system: $250,000 per year
- 90% reduction in paper consumption: $925,000 per year
- Reduction in off-site storage costs: $1,000,000 per year
To find out more, please go to the RSD website.
Founded in 1973 in Geneva, with affiliates in New York and London, RSD helps companies meet the growing challenge of information governance by providing market-leading products for business information delivery, content and records management, and document archiving and retrieval. RSD solutions are used by more than 1,200 organizations worldwide, including a majority of the Fortune 500. Today RSD supports over 2 million users, and offers its innovative products and services in more than 26 countries around the globe - both directly and through strategic business partners.