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Article Title:
==============

3 Keys to Cutting Costs Through Centralized Knowledge Management

Article Description:
====================

We all know the saying 'Knowledge is Power', and this still
rings true today, but knowledge can also be analogous to
'Time'. Whether it be time gained, or time lost, how quickly
employees can access company knowledge translates into huge
amounts of time, translating into huge amounts of money. In a
season where companies are forced to maintain and improve
services, while often cutting budgets, time (knowledge)
management can be an overlooked tool that can produce dramatic
effects to the bottom line.


Additional Article Information:
===============================

850 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2008-09-30 12:00:00

Written By:     Anne Sych
Copyright:      2008
Contact Email:  mailto:[EMAIL PROTECTED]



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3 Keys to Cutting Costs Through Centralized Knowledge Management
Copyright (c) 2008 Anne Sych
Novo Help Desk Software
http://www.novosolutions.com/



We all know the saying “Knowledge is Power”, and this still rings
true today, but knowledge can also be analogous to “Time”.
Whether it be time gained, or time lost, how quickly employees
can access company knowledge translates into huge amounts of
time, translating into huge amounts of money. In a season where
companies are forced to maintain and improve services, while
often cutting budgets, time (knowledge) management can be an
overlooked tool that can produce dramatic effects to the bottom
line.

Knowledge Sharing:

Organizations use knowledge management/sharing for both internal
and external use. Some companies post answers to FAQ’s , company
information, and even product manuals in knowledge base articles
located on their company websites. Call centers typically use
knowledge base technology to provide customer service reps the
ability to search for and quickly provide answers to callers. And
there are companies that simply have a corporate knowledge base
for internal knowledge sharing.

Selecting the right Knowledge Base Tool:

There are many Knowledge Base (KB) software tools on the market
today that are built to organize your company knowledge. You’ll
need to develop specific criteria based on your needs because all
software applications are not created equal. For example you will
need to consider:

 * Web Based Apps - Web based apps are hosted on the web, so they
can be accessed by anyone with access to a web browser. This is
especially effective for remote access such as remote employees.
 * Ease of Use - your KB should have an easy to use article
editor, so that articles are easy to create. It should include
the ability to create links, include images, and add attachments
to the article. Additional features to consider are the ability
to load and view multiple file types, such as video and flash
files. The inclusion of a flexible template system allows
different departments to quickly create articles based on their
needs.
 * Flexible Roles - You will have administrators that manage the
app, and employees and/or web site visitors that will be the
‘end-users ‘of the app. The software should be highly flexible
where administrators can delegate the content (through
permissions), so that you can decide who has access to view what.
 * Search capabilities - what good is storing knowledge if you
can’t easily find it? The KB should have both basic and advanced
search capabilities, such as the ability to not only search the
KB, but also the ability to search common attachments. Other
high-quality search features include a built-in thesaurus engine,
as well as search filters that further refine your search.
 * Work flow Capability - this key feature can be a huge time
management tool. In certain cases, Knowledge Base articles that
have been added or changed require multiple people in various
departments to approve the new or changed article. A Work Flow
System provides a flexible method for automating AND keeping
track of these approval tasks. Advance features should allow for
auto email notifications, to complete the loop and advise when
tasks are completed or rejected.
 * User Feed back mechanisms - this will help you keep your KB
well maintained. Metrics such as hit tracking, search phrase
logging, and an article rating system can let your users tell you
how the app is working for them. Some KB’s even allow your users
to propose an amendment to a given article.
 * Traceable Security - supports compliance with archival
histories, such as who/when an article was edited, and as
mentioned above, who has permissions to view selected company
data.

Getting Your Employees on Board:

Sharing employee knowledge is one of the greatest benefits of a
KB System. Whether it be documenting company policies, or company
best practices, getting that information out of the employee’s
heads and into a centralized reservoir is essential. Letting
valuable knowledge leave when an employee leaves is costly and
unnecessary. With the knowledge base you can:

 * Reduce employee training time - document training and company
“best practices” to get new employees trained and quickly up to
speed.
 * Retain employee knowledge - prevents knowledge from leaving
when an employee leaves.
 * Share knowledge among departments - encourage employees to
propose or amend articles to help management solve problems- they
can often give higher level management a great perspective ‘from
the ground level’. (Most employees are eager to contribute -
awards for article submissions are a great incentive to get
employees to play a part).

Companies whose Call Centers maintain statistics regarding the
number of incoming calls and the average time per call are often
able to see an immediate reduction in the “cost per call”. This
quickly translates into increased efficiencies as well as proven
Return on Investment (ROI). Once employees begin to see the
benefits and how much easier their jobs will be, they will often
quickly get on board and become huge proponents of the system. In
the end, management gets a system that quickly pays for itself
and the employees are pleased to be able to quickly access the
data they need in order to do their jobs better and provide their
customers the best and most expedient support possible. 




---------------------------------------------------------------------
Written by: Anne Sych, Marketing Manager for Novo Solutions, Inc.
Novo Solutions, is an Independent Software Vendor (ISV) in 
Virginia Beach, Virginia specializing in Knowledge base and 
Customer Support Software. Free trial versions of the Novo 
Help Desk Software, Knowledge Base Software and suite of web-
based Customer Support Solutions are available. Contact: 
[EMAIL PROTECTED] for more information. 
http://www.novosolutions.com/


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