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BCM Software Benefits

Realistic BCM Cost Savings

Quantitative Benefits

  1. BCM Program costs are reduced “across the organisation”, both in BCM Administration and Business Units
  2. Anecdotal experience shows cost savings of 50% to 400%, using a functionally-rich software tool compared to a Word and/ or Excel based approach

Qualitative Benefits

  1. Increases confidence regarding organisational resilience capability
  2. An ability to produce enterprise-wide views immediately and accurately in a major disruption, compared to the spreadsheet and word processing approach (typically a labour-intensive effort with limited data capability)
  3. Increase in BCM Program quality, as the organisation’s BCM methodology is applied consistently
  4. Able to, quickly and accurately, aggregate data into information – on an enterprise level
  5. Ability to provide executives with timely and relevant information in a crisis management situation
  6. More efficiently and effectively manage the BCM program deliverables, e.g. BC Plans, governance reports
  7. Enables an executive overview of the BCM program
  8. Provides visibility of decision-making process for real event responses (providing bona-fide evidence for insurance claims)
  9. Enables BC response capability within the business area
  10. Recovery strategies will be based on known/evident capabilities
  11. Effectively meets typical organisation-related BCM Challenges
  12. Enforces Review and Approval for key planning documents
  13. Provides immediate access to many informational reports at the click of a button
  14. Reduces governance and audit efforts
  15. Simplifies attestations to stakeholders as a clear view of BCM program status exists
  16. Removes the need for business owners to become BCM specialists
  17. Removes the need for IT management of the solution
  18. Mobile devices can be utilised with relational technology
  19. Staff turnover and impact of BCM knowledge retention minimised for the organisation
  20. Crisis management can become more effective and efficient due to instantaneous assessment of key resource failure
  21. Crisis management can be commenced immediately after a disruption occurs
  22. Version control is applied automatically to all BCM deliverables
  23. Crisis management logging and reporting is more efficient and effective
  24. Consistent BCM approach applied across the organisation
  25. Embedded workflow ensures compliance with organisation’s approved BCM methodology
  26. Consistent terminology used across the organisation
  27. Integration of all BCM activities
  28. Key Resource relationships quickly identified
  29. Gaps between BCM resource requirements and resource availability immediately known to business areas
  30. Enables real time activation and status tracking regardless of operating location