How using a DAM platform can save a business money

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One of the most compelling reasons organisations invest in DAM software, is the intention of saving their business some money. It’s a simple concept – that the more organised and streamlined your teams and creatives are, the more money and time can be easily invested elsewhere. This ROI or Return On Investment, simply can’t be ignored which is why more managers than ever are turning to Digital Asset Management

The concept of keeping all your digital media files and assets in one easy to manage place seems so simple, yet if we delve a little deeper, we can see that DAM software is the perfect tool to streamline and manage your files, your teams and your creative processes. Here we’ll explore how using a DAM platform can save you money.

There are different software options to choose from

In business, there’s no such thing as “one size fits all” as industries and the companies within them are always developing and modernising. Businesses often have to navigate their way through new software and features that have very little benefit to them, which results in wasted spending. However, using Digital Asset Management software from Bynder.com means you can save money on your software investments, only using the tools that will benefit your company and your teams directly. In short, you’ll only pay for the storage space you use!

Increased productivity

The more efficient your teams are, the more money you’ll save. So, when you invest in DAM software, you and your creative team can easily search through thousands of digital files, without struggling to find the latest version of a particular file and easily distribute the documents and assets they need to share with just a few simple clicks, regardless of file size or type. Tedious administrative tasks like these take valuable time away from more important assignments, so using DAM software will certainly save your teams time and money.   

Employee retention

When team members and fellow employees are content, they have the tools they need to work effectively and they can move from task to task efficiently, then the more likely they are to stay in their current positions. Employee retention can be a real headache for any business, and the subsequent recruitment and training process is a costly one. By investing in DAM software, your teams can work in an organised and simplified environment, promoting longevity and permanency within their current roles.

And finally, you can save money on your existing files

Digital assets include anything that brings your business or department value. So, everything from your logos and colour palette to your marketing materials, video and image files, PDFs, sales documents, presentations and product images should be protected and handled competently. However, when you don’t have DAM software in place you run the risk of misplacing files and then going through the expensive process of repurchasing them or having them recreated. DAM software allows you to save money on your existing files by keeping them well organised and protected. 

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