Hard Cost Reduction

■ Savings on office space reduce real estate costs

■ Printing costs are virtually eliminated when documents such as directory and internal communication are transmitted electronically

■ Travel and hotel costs are reduced for offsite trainings when conducted via collaboration technologies such as audio conferencing

■ The reduction in real estate needs results in a concurrent reduction in facilities management costs

■ Cheaper, faster procurement is enabled by online procurement

■ Postage and shipping costs are reduced or eliminated in the NVO

Hard Cost Reduction: actual hard currency cost savings

Increased Productivity: productivity improvement gained and measured by time efficiencies

Non-Financial Benefits:

intangible benefits, for example customer satisfaction

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