SHAWNEE, Kan., Aug. 15, 2006 (PRIMEZONE) -- Perceptive Software Inc., developer of ImageNow(r) document management, imaging and workflow software, today announced the results of a series of return on investment (ROI) case studies conducted by Nucleus Research. The results of the independent studies determined ImageNow delivered positive annual ROI and payback periods of two years or less for all three businesses researched.
"We analyzed companies in a number of industries and found that ImageNow consistently delivered positive ROI," said Rebecca Wettemann, vice president of research at Nucleus Research. "Rapid implementation times and relatively low ongoing costs enabled customers to improve process efficiencies and increase productivity for a quick payback and ongoing benefits."
Nucleus Research conducted three independent ROI case studies on ImageNow deployments at AmFed, Citizens Memorial Healthcare and Fluent Inc.
At AmFed, Mississippi's largest provider of insurance and insurance-related services, ImageNow replaced an inefficient, paper-based process. Utilizing ImageNow, AmFed expedited its claims and bill review processes and reduced administrative overhead. This resulted in an 81 percent annual ROI and a payback period of less than 17 months.
Citizens Memorial Healthcare (CMH), a fully integrated and nationally recognized healthcare system located in southern Missouri, sought a solution that would enable electronic storage and management of all medical records. ImageNow eliminated the paper and storage costs associated with 1.75 million documents a year, and increased productivity for CMH's 1,350 clinicians. This resulted in a 1,321 percent annual ROI and a payback period of one month.
Fluent Inc., a leading supplier of computational fluid dynamics software and services, recognized a need for a standard document management system to support the organization's international growth. ImageNow improved processing and employee productivity, resulting in a 50 percent annual ROI and a payback period of just more than two years.
About Nucleus Research
Nucleus Research is a global provider of IT advisory and research services that provides CFOs, CIOs and their staffs with the real-world information they need to maximize the business returns from their technology investments. For more information, visit www.NucleusResearch.com.
About Perceptive Software
Founded in 1988, Perceptive Software, Inc., creates ImageNow document management, imaging and workflow software to help organizations efficiently capture and organize virtually any document type, then easily retrieve a precise page at the moment it's needed. The ImageNow product suite uses patented integration technologies that create an effortless connection with existing business applications, allowing customers in a broad range of industries worldwide to simplify their daily business processes.
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