Oracle Content Management: Embry Riddle ROI Study
By Brian Dirking on Jun 01, 2011
Embry Riddle Aeronautical University uses Oracle Content Management to automate their accounts payable processing. ERAU has worked with Nucleus Research to analyze their return on investment. Nucleus has determined that Embry Riddle achieved a 180% ROI in the first year of their Oracle Content Management implementation. They achieved a payback on the system in 7 months, and they see an average annual benefit of over half a million dollars.
Embry Riddle is now building on that investment. Because Oracle Content Management addresses more than just accounts payable, Embry Riddle is able to address nearly any content management use case they can identify. The next process they are working on is student on-boarding. The process of bringing students on-board involves a tremendous amount of paper, from admissions forms to essays to letters of recommendation, transcripts, and military service files. To streamline this process, Embry Riddle images the entire packet so it can be accessible from a central repository. They reduce the need to mail copies of the paperwork to various branches, and can ensure that they have the entire student application.
Because Embry Riddle is able to capture these applications, they are able to process students faster. When it comes to attracting the best students, a faster turnaround time on the admissions process is a competitive advantage – they can let top students know they have been accepted weeks before any of their competitors.
Embry Riddle is evaluating additional use cases for Oracle Content Management. Read the ROI study and view the webinar to get more information on how Embry Riddle has had tremendous success using Oracle Content Management.