Why use WAM - Five Key Drivers
Cost Reduction
Minimising unnecessary costs during difficult economic times is not just a return on
investment (ROI) issue, but potentially one of
market survival. While lowered cost often
is not thought of as a primary reason for implementing WAM (Work Activity Manager), many
companies find that the efficiency and productivity gains of WAM result in significant
budgetary successes. Cost reduction comes from automating core business processes, improved
workflow management, streamlined administration, and better resource time and financial
tracking.
Increased Revenue and Profitability
One of the top reasons for investing in WAM is the potential for increased revenue and
profitability that results from improved "people resource" utilisation, within and across
business networks. This ultimately leads to improved customer satisfaction and repeat business.
Payback on WAM sometimes can occur within six months, depending on the size and complexity of the
solution.
Workflow Improvement across the Service Lifecycle
In highly project-driven organisations, workflow improvements can reduce time to market while
lowering service execution
costs and improving quality. These benefits come from creating reusable workflow templates and processes,
automating core workflow through creative, planning and job execution processes, and more tightly
integrating content approval, project planning, status reporting, scheduling, and financial WIP.
Improved Team Collaboration
Project managers can effectively manage teams even when spread over long distances,
and teams can keep on top of their deliverables by using Webbased collaboration and
communication portals. WAM offers the further benefits of personalised content to
reduce information overload and aggregated content from multiple projects and
sources to provide the project manager, account managers, and executives with views
of their entire campaign and project portfolio.
Improved Resource Utilisation
Having an effective time and activity record of key personnel can help your organisation
deliver significant benefits. WAM can deliver real business value in improved workflow
management from best-fit management of resources to client projects. Better alignment of
people and skills to billable (and non billable) projects can result in significant resource
usage gains.