294% ROI: How Did M-Files Customers Achieve a Triple-Digit Return on Investment? Find out in the latest Forrester study
A Forrester Consulting study, commissioned by M-Files, showed that implementing the M-Files platform delivered nearly a 294% return on investment (ROI) over three years, driven by the system’s ability to streamline workflows and enhance electronic document management efficiency.
294% Return on Investment
70% Increase in Workflow Efficiency
50% Faster Document Search
Forrester Consulting, commissioned by M-Files, conducted a Total Economic Impact™ (TEI) study to examine the potential return on investment (ROI) of deploying M-Files. The results demonstrated that organizations using M-Files can achieve up to a 294% return on investment (ROI).
How the Study Was Conducted
To evaluate the potential financial impact of implementing the platform, Forrester interviewed M-Files customers, analyzed their experiences and outcomes, and calculated the potential value companies can realize by leveraging M-Files.
To better understand the benefits, costs, and risks associated with this investment, Forrester interviewed six stakeholders from four different organizations with experience using M-Files. The findings of the study were aggregated into a single composite analysis.
Key Findings of the Study
By implementing the intelligent platform, M-Files customers achieved:
- A 70% increase in workflow efficiency;
- 50% faster document search;
- 65% faster document completion;
- 20% time savings for auditors (with enhanced security and compliance);
- Increased employee productivity due to search capabilities that can be aggregated to include results from connected external repositories, such as SharePoint.
By reviewing the full Forrester study, you will gain comprehensive insights into how M-Files customers improve workflows, accelerate revenue, and increase the efficiency of retrieving critical data.
Learn more about the potential return on investment companies can experience with M-Files. You can request the full version of the study here.
