How can I quantify the benefits of using SharePoint? #M365AMA

In this episode, the #M365AMA panel discusses the following community question:

“Our management is hesitant about the costs associated with SharePoint. I need to present a detailed ROI analysis showing the benefits like improved collaboration, document management, and workflow efficiency. How can I quantify these benefits to make a compelling case?”

Check out the discussion here:

 

Participating in this discussion were:

• Christian Buckley @buckleyplanet 
• Heather Severino, MVP @HeatherSeverino
• Mike Nelson, MVP  @mikenelsonIO
• Kirsty McGrath, MVP @KirstyMcGrath13
• Hal Hostetler, MVP  @TVWizard
• Shari Oswald, MCT @shortcutshari
• Sharon Weaver, RD+MVP @sharoneweaver
• Jonathan Weaver, MVP @j_weaver74
• Stacy Deere, MVP @sldeere
• Norm Young, MVP  @stormin_30
• Neil Hodgkinson, Microsoft @nellymo

Some relevant notes/links shared by the team:

• As Sharon shared, you can use ChatGPT to write an ROI for SPO based on your specific areas of concern.
• There are a large number of sites out there providing ROI Calculators around intranets, and SharePoint specifically. Most (all) of them promote their add-on products or services, and require you to submit your contact information. But based on the questions these calculators capture, you can probably figure out your own model.
• Microsoft does have an older document [PDF] that provides additional ROI examples: The ROI Benefits of Business-Critical SharePoint [https://download.microsoft.com/download/6/8/7/6874D256-E84B-480D-A3EA-2A33B54987DC/The%20ROI%20Benefits%20of%20Business%20Critical%20SharePoint%20White%20Paper.pdf]