ROI - Return On Investment
Return on investment is often intangible - we can all see the benefit but find it hard to put down the figures. Fax solutions deliver a lot of intangible benefits (sometimes called soft benefits) but they also deliver some very powerful tangible savings. |
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A European study concluded that sending an electronic fax saved, on average 7 minutes of an employee's time per fax. Thus the biggest cost saving achieved with a unified communications fax solution is the employee time saved in sending a fax message. Another cost associated with manual fax machines is the cost of consumables.
The ROI calculation for FAX unified messaging
The UK average national salary for full-time workers in April 2004 was £21,944, or £10.41/hr according to the Office of National Statistics. Thus, on average, the sending of an electronic fax saves £1.21 per transmission. The productivity gains using an integrated fax solution is shown in the following table.
|
Number of Faxes per week | ||||
100 |
200 |
500 | 1000 | 2000 | |
Weekly productivity gain |
£121 |
£242 | £605 | £1,210 | £2,420 |
A 15m fax roll will cost approximately £2.50. A 15M roll will create up to 50 pages of fax ( probably less when transmission reports are considered). An average fax is 3 pages (1 x header & 2 x text/image). Thus a £2.50 fax roll will support 16.5 faxes. This gives the cost of paper at 0.15p per fax received.
If a business receives 200 faxes per day (1000 per week) they will save £150 per week on fax paper.
The total benefit to a company of deploying a unified messaging fax solution for a business which sends and receives 1000 faxes a week is shown in the table below.
Per week |
Per Year |
|
Saving on consumables |
£150 |
£7,800 |
Productivity gains |
£1,210 |
£62,920 |
| Total benefit to business | £1,360 |
£70,720 |
