This TCO tool will guide you in making estimates and assumptions around the costs and benefits of BPM. This will help you:
- Understand the investment you need
- Give you an idea of the return on your investment
- Assist in obtaining stakeholder buy-in and approval to move forward with implementation of the strategy
Implementing BPM can be very costly. Doing a thorough total cost of ownership (TCO) calculation for BPM is critical to understand if the project lies within your budget.