How much does an electronic document management system cost?

The cost of an EDMS can vary widely depending on several factors, including the size of the organisation, the features required, and whether the solution is hosted on-premises or in the cloud. On average, small to medium-sized businesses can expect to pay between £5,000 and £50,000 for an EDMS, including software licenses, implementation, and training. For larger organisations with more complex needs, costs can range from £50,000 to several hundred thousand pounds. Cloud-based EDMS solutions often have subscription-based pricing models, with costs ranging from £20 to £100 per user per month, which can be more scalable and affordable for smaller organisations. Additionally, it’s important to consider ongoing maintenance and support costs when budgeting for an EDMS.