The ROI of Workvivo: Data-Driven Benefits for Your Business
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It’s a given that businesses today need to connect and engage a mix of employees: frontline, hybrid, deskless, and office-based. And that’s made digital-first platforms like Workvivo essential.
They’re not just a “nice to have” anymore – they’re vital for simplifying internal comms, boosting engagement, and building a strong company culture.
But how does Workvivo’s power to transform the employee experience translate to return on investment (ROI)? In other words, where’s the hard data that’s crucial for building a rock-solid business case and securing sign-off for a platform like this?
To help answer that, here are the quantifiable benefits revealed in Forrester Consulting’s Total Economic Impact™ (TEI) study, exploring the potential ROI organisations can unlock with Workvivo.
1. Cost Savings From Legacy Systems
Workvivo empowers you to finally ditch those clunky, outdated legacy intranets, translation services, survey tools, and inefficient processes that are holding you back. Imagine the impact of streamlining communication and boosting connectivity across all your employees, whether they’re on the frontline or in the office.
What’s more, Workvivo’s integrated translation and live-streaming features can deliver significant cost savings for your organisation by reducing your reliance on expensive external licensing and translation services. Think of what you could do with that budget!
2. HR, IT, and Comms Efficiencies
By streamlining how company messages are created and shared, Workvivo frees up valuable time for your HR and comms teams – time they can spend on more strategic initiatives.
Plus, the reduced effort needed to manage those cumbersome legacy systems will significantly ease the burden on your IT department, reducing their workload and stress.
3. Improved Frontline Staff Retention
Workvivo directly improves your employee experience, which translates into better retention rates. When your frontline staff feel more connected, included, and valued (thanks to Workvivo’s engagement tools), you’ll see a real boost in company loyalty and a reduction in costly staff turnover. This means less time and money spent on recruiting and training.
4. Increased Productivity for Directors
Workvivo gives your senior directors valuable time back by streamlining the process of checking in on frontline activity. Instead of wading through a flood of email attachments, they gain instant access to the information they need through Workvivo’s centralised content repositories. This empowers them to make quicker, more informed decisions.
Ultimately, Workvivo isn’t just a platform; it’s a strategic investment that can truly transform your organisation’s communication, engagement, and overall success! ✨
Want to dive deeper into the data? Read the full Forrester TEI study here.
If you’re thinking about moving to a platform like Workvivo and want to build a strong business case, we can help! Our team of experts would love to chat about your organisation’s priorities and objectives.