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Total Economic Impact of Eigen Technologies

Understanding the cost savings and business benefits enabled by using Eigen

We commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study examining the potential return on investment (ROI) enterprises may realize by deploying our no-code AI platform. The purpose of the study is to provide readers with a framework to evaluate the potential financial impact of Eigen on their organizations.

The key findings from the study are highlighted below. Or download the full study to find out more.

Key Client Results

289%

Return on investment (ROI)

$3.6M

Net present value (NPV)

$4.8M

Benefits present value (over 3 years)

<6Months

Payback period (investment breakeven)

The Problem Solved

Data is only as valuable as the insights that can be distilled out of it. Businesses today generate more data than ever before, yet organizations struggle with numerous document workflow challenges that limit the efficacy and accuracy of downstream analysis. Intelligent data extraction and document processing platforms leverage AI to automate data transformation and extraction processes, taking insight development to the next level for their clients.

Additional Benefits Achieved

  • 80% increase in ongoing legal documents and contracts review productivity
  • 75% increase in regulatory transition process efficiency
  • 67% reduction of time spent analyzing complex documents
  • Improved employee satisfaction and retention
  • Better decision-making and greater confidence to take risks
  • Greater consistency over data accuracy

What Clients Say

“We saved about 80% of the expected cost from hiring skilled lawyers with the use of Eigen.”

Legal AI initiative lead - Global Dow corporation

“We treat Eigen as our junior employee [with] similar accuracy rates, but greater consistency and lower costs.”

Director of operations - large financial services firm

Download this study as a PDF