The Forrester Total Economic Impact™ (TEI) Study, commissioned by Foxit, explores the significant cost savings and productivity benefits organizations can achieve by adopting Foxit PDF Editor. The study reveals that companies frequently struggle with high licensing costs and limited deployment of prior PDF solutions. Foxit offers a cost-effective, flexible alternative, enabling businesses to deploy PDF editing across a more significant portion of their workforce while lowering costs.
One key finding is an average 84% reduction in licensing costs after switching to Foxit. By replacing expensive incumbent PDF tools, companies expanded access to PDF editing capabilities for a broader range of employees, ultimately enhancing their productivity.
Another benefit is reduced IT troubleshooting and management costs, which were also cut by 84%. With Foxit, organizations experience fewer technical issues and reduced IT time spent managing licenses and updates, significantly improving operational efficiency.
The study highlights a 7% increase in employee productivity for net-new users who previously did not have PDF editing access. These workers can now perform essential tasks like document editing, merging, and redacting, further boosting their performance. Additionally, Foxit strengthens security by providing regular security updates, which reduces the burden on IT departments and helps protect against vulnerabilities. The enhanced security measures led to additional cost savings, particularly for organizations previously burdened by managing their security updates.
Overall, the report shows that organizations that adopt Foxit PDF Editor can achieve a 284% return on investment (ROI) within three years, with a payback period of fewer than six months. By reducing costs, improving employee productivity, and enhancing security, Foxit is an essential tool for companies aiming to streamline their document management processes while remaining cost-effective.
Download the full whitepaper to discover how Foxit PDF Editor can transform your organization's efficiency and security while driving substantial cost savings.