Cost/Benefit Analysis for Implementing ECM, BPM Systems.

The article provides a cost-benefit analysis on adopting either the enterprise content management (ECM) or the business process management (BPM) systems. The ECM system focuses more on managing receptacles of data while the BPM system focuses first on the business process involved then makes use of the content management tools in those business processes. In evaluating their cost benefits, some factors to be considered include the company's key statistical information, projected employee productivity savings and hourly costs, and also, the time required to process any transaction that involves processing time that will be relevant in determining how the ECM or BPM system can help increase the company's capacity to manage more transactions without adding manpower.