Online Cost Recovery News - Issue 1, Vol 1

Tuesday, May 13, 2003 Web Research - Recapturing the Costs   VOLUME 1 ISSUE 1  
HOME
CONTENTS
2003 Research Management Survey
2003: A Year for Making Major Technology Decisions
The Bottom Line on Web Research
Trends in Legal Publishing: Print v. Electronic Access
The Digital Library: Study of Feasibility & Viability
The Bottom Line on Web Research
ROI Calculator Released


 
 
Do you know what your bottom-line is for Web Research?
 
Today’s economic climate is forcing many professional firms to rethink both their billing strategies and how individual expenses will affect the bottom line.   This economic climate forces us to justify and/or reduce expenses just to maintain our profit margins.  Professional firms have traditionally passed office expenses such as copy, fax, telephone and postage charges directly on to their clients.  In more recent years, many have included online research (once though of as a cost center) to the list of recoverable expenses.
 
Do you know what your firm spends on online subscriptions monthly, or even yearly?  Do you have an idea of which members of the firm utilize these subscriptions, and for how long?  Are the online services you currently contract the right ones for your firm? Are you able to easily recover these costs? 
 
Some services provide you with an optional billing reference field to help you recover these costs – many do not.
 
  • Each system is slightly different and most do not directly integrate with time and billing systems. 
  • Few can verify that the billing information entered is correct.
  • Most provide no mechanism whatsoever to allocate your costs.

ResearchAgent helps professional firms recover their research investments.  We offer an integrated solution that can track all Web-based services, beginning with the desktop and ending with the bottom-line.

We’ve put together a very simple spreadsheet that will not only allow you to calculate your potential savings, but will calculate your return on investment.  Input your subscription costs and we'll help you calculate you savings.  Take it one step further and we'll help you calculate your ROI.
 

ROI CALCULATOR



ResearchAgent...Uncover and Recover the Hard Costs of Web Research

Call: 866-732-0002
Write: info@researchagent.com
Visit:
www.researchagent.com



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