The Cost of Paper in Your Business, Part II.

One immediate benefit of digitizing the paper in your office may simply be the floor space you get back… space that was previously taken up by multiple drawer filing cabinets or stacked boxes can usually be eliminated within weeks of implementing a proper document capture strategy.

But there are other aspects that also often contribute to your organizations overall savings and ROI shortly after deployment--consider these points for example:

• Information on paper cannot be seen by more than one person or department at the same time. This means that either multiple copies have to be made of the same document, or the document has to be manually moved around the office, with only one department or employee being able to work on it at once... not to risking loss in transition.
• Employees also waste valuable time looking for, retrieving, (possibly misplacing ;), re-creating and re-requesting documents that may (or may not ;) already exist.
• Another challenge with paper-based filing is that you can't file emails with them… unless you print them out; creating even more paper that has to be filed and maintained.
• And if you have more than one business location, or employees that predominantly work remote, they are unable to quickly gain access to specific documents and information unless someone faxes or pays to have them shipped.

According to the IDC, these profit leaks account for more than $25 billion a year in loss revenue for US companies that are still manually processing, filing, storing and retrieving transactional document and information.

For more information on the savings that digitizing your paper can provide your business, click here, or dial 1-888-726-7730 to speak with a PaperFree consultant directly.