Have you ever struggled with creating a business case for an investment in a new platform or technology? We’ve compiled a free toolkit to help walk you through best practices to get your investment approved!
Business Case ToolkitGet Assistance
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Building a Business Case for Bloomfire Knowledge Management
Now that you’ve downloaded the toolkit, schedule time with one of our advisors to help you work through the specifics of your business case. Each companies needs or focus is slightly different, our process will help you identify your priorities and drive alignment across each major stakeholder group.
Steps to follow building your business case:
- Understand stakeholder needs, gather evidence
- Showcase the strategic value of your investment
- Demonstrate financial value and investment feasibility
- Document and prepare to communicate the business case
- Using storytelling techniques
Schedule an Advisory Session: Building a Business Case for Bloomfire
Tools designed to help you build a compelling business case
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4-step Guide to Building a Business Case:
Step-by-step guide to help you define the strategic value of your investment in Bloomfire, including common pitfalls and keys to success. This guide will help you identify the needs of stakeholders and align key metrics to help you calculate the return on investment.
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Battling Inertia: The Cost of Doing Nothing:
Use this to uncover the hidden costs of doing nothing and quantify the productivity loss your company is experiencing every day. This can be a powerful way of challenging the status quo and recognizing that you might be wrong about some fixed business costs.
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Financial Analysis Workbook:
Going over the economic costs and calculating the total cost of ownership can be intimidating. We’ve done our best to make it easier for you to shine in front of your CFO with this editable workbook.
Discover real metrics that can help you quantify value
Have you ever needed help thinking of metrics you can use to calculate the value of an investment? This handy catalog of standard metrics can be used to evaluate your investment's short-term and long-term value in Bloomfire. It was compiled with the help of hundreds of Bloomfire customers who continue to find strategic value in their knowledge management program.
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Bloomfire is a team productivity tool
When working with executives, it is important to focus primarily on business outcomes and ensure that the value, costs, and risks are communicated clearly. It also helps to understand the needs of each stakeholder in your buying group and align your objectives and metrics to show the strategic value of the investment. Highlighting the product's benefits through storytelling will further help solidify how Bloomfire meets the needs of your employees or organization.
Bloomfire is scalable across the organization, geographies, and departments. Many features can be configured to suit your exact use case, and Bloomfire’s ignition process helps ensure onboarding goes smoothly and that managing change is part of your deployment plan. We will be with you every step of the way.
"Bloomfire gives us a lot of visibility as the knowledge management team into what knowledge is important at Cardinal Path right now."
"Previously, Sales, Service, and Marketing never really talked to each other. We never knew what the right hand was doing, so there was content on the old platform that Sales could be recreating to post [in their file system], not knowing that the service team had already created it or vice-versa"
“In this virtual environment, it’s tough to find someone to answer your question when you have a client on the phone, and that’s one of the big reasons we implemented Bloomfire—so people have that knowledge exactly when they need it."
“The biggest advantage to going through a knowledge audit is getting everyone on one system. Combining not just multiple systems but multiple knowledge bases, that’s fantastic.”
The Buyers Guide to Knowledge Management Software
Our guide walks you through the value of knowledge management platforms, how to evaluate different types of technology, how to choose the best solution for your business, and how to get buy-in for the answer from your entire organization.
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Build your knowledge ecosystem
Connect knowledge pools of documents, conversations, media, data, and expertise with your Persistent Semantic Memory™ to ground your AI. Use our turn-key of connectors or build your own to connect to any enterprise systems.
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