What’s the ROI of investing in Microsoft Viva for my company versus Microsoft SharePoint?
Digital workplace investments are extremely important for organizations that are looking to stay competitive in today’s modern business environment and one of ways to do that within Microsoft’s ecosystem is to know the differece of Microsoft Viva versus Microsoft SharePoint . As companies seek to optimize their collaboration and streamline workflows, the choice of what software platform to utilize is essential for maximizing productivity and your return on investment (ROI). In this post, we’ll look at Microsoft Viva, a comprehensive employee experience platform, and compare it with Microsoft SharePoint, a classic content management and collaboration tool, to give you some information on deciding which solution may be best suited for your company’s needs.
Microsoft Viva – An Overview
Microsoft Viva is an employee experience platform that is designed to improve collaboration, communication, learning, and well-being within an organization. It was launched in 2021 and Viva is integrated with Microsoft Teams. It is comprised of four main components: Viva Connections, Viva Insights, Viva Learning, and Viva Topics. Each of these modules addresses different elements of the employee experience, working to foster a more connected and engaged workforce.
An Overview of Microsoft SharePoint
Microsoft SharePoint, conversely, is a robust content management and collaboration platform that has been around for nearly two decades. It allows its users to create, store, and manage documents, collaborate on projects, and build intranet sites to share information within their organizations. Microsoft SharePoint integrates with other Microsoft products like Office 365 and can be tailored and customized to meet a significant range of business needs.
ROI Considerations for Implementing Microsoft Viva:
- Enhanced Employee Engagement: Microsoft Viva’s focus on the employee experience translates to higher engagement and productivity, which can ultimately lead to increased revenue and reduced turnover costs.
- Improved Knowledge Management: Viva Topics uses AI to automatically identify and organize valuable company knowledge, which reduces time spent searching for information and increasing overall efficiency.
- Streamlined Learning: Viva Learning centralizes training resources, making it easier for employees to access and complete relevant training. This can lead to higher skills proficiency and better performance.
- Employee Well-being: Viva Insights offers personalized recommendations for better work habits and well-being, leading to a healthier, more productive workforce in your organization.
ROI Considerations for Utilizing Microsoft SharePoint
- Cost Savings: SharePoint is usually more cost-effective than Viva, particularly for smaller organizations with more limited budgets.
- Customization: The flexibility of SharePoint allows for significant customization to match unique business processes, which can often result in improved workflow efficiency.
- Document Management: SharePoint excels at document management and collaboration, with features like version control, co-authoring, and approval workflows that can save your organization time as well as reduce errors.
Conclusion – Microsoft Viva versus Microsoft SharePoint – Which to Choose?
When evaluating the ROI of investing in Microsoft Viva versus Microsoft SharePoint, it is critical to consider your organization’s specific needs and objectives. Microsoft Viva provides a comprehensive employee experience platform that is designed to improve engagement, collaboration, learning, and well-being, while Microsoft SharePoint is a powerful content management and collaboration tool that can be tailored and customized to fit various business processes.
If your organization wants to emphasize employee engagement, knowledge management, and well-being, Microsoft Viva may provide you with a higher ROI. If cost-effectiveness and customization for specific workflows are your main concerns, Microsoft SharePoint may be the better choice. Ultimately, understanding your company’s requirements and goals will allow you to make the most informed (and best) decision.
Curious about implementing Microsoft Viva or Microsoft SharePoint for your business? Contact 6th Street Consulting today to schedule your free consultation.