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Nearly 8% Of All Paper Documents Are Completely Lost Saving Money With Electronic Document Solutions


How often do you think about the advantages of printing technology?

If you admitted to yourself not very much, there’s no shame in it. We encounter so much printing in the day-to-day it’s very easy to overlook how it could be better. Even offices that regularly turn to fax machines, copy machines, and printers to function find themselves in the position of needing improvement. The benefit of print services that prioritize both speed and quality can be yours with a few changes. It’s not just customers that’ll notice, either, but employees tired of wasting time on inefficient methods.

Sound like a tall order? Far from it. Document management companies have been on the case for years now.

Paper Waste Is At An All-Time High

We need to stop wasting paper. This is a simple fact in a world that moves as fast as it does, from business to individual. According to statistics by StopWaste.org, nearly 18% of everything printed is considered waste. Document managing services are an understandable result to mitigate this constant snowball effect and save everyone a little money. Gartner Group reported around 15% of all paper documents are misplaced, while 8% are lost outright. Combating this means admitting something just isn’t working.

Office Debt Needs To Change Soon

Think your office is poorly managed? An electronic document management service will have everyone breathing a sigh of relief. An average of four weeks is lost every year waiting on misfiled and untracked documents. Filing, as a result, has become a major source of office debt. An interesting study found filing costs around $20 per document, with every misfiled document racking up $125 in lost productivity.

Businesses Are Looking To Save Some Time

Time is money, as the saying goes. When you lose time, you have to double back on what you lost and catch up all in one go. The average employee’s printing expenses costs companies between $600 and $1,300 per year, which becomes even higher when documents slip between the cracks. Interact reported nearly 20% of business time is outright wasted by employees searching for information just to do their jobs effectively, if at all. The advantages of printing technology should follow suit.

Electronic Document Storage Is Cost-Effective

Electronic document management doesn’t necessarily render paper obsolete, but makes sure we use it wiser. Printer and copier costs today are around the third-largest office expense behind rent and payroll. In fact, the Paperless Project coalition found at least 85% of business documents today are still in paper form. Now’s a great time to start thinking about how better document storage solutions can change the way your business functions. You don’t even have to do it all at once.

The Advantages Of Printing Technology Mean Saving Money

Document management services are relatively new, if you look at the sheer scope of human history. Just like you they’ve got a lot of ground to cover when it comes to helping out businesses that are more frazzled than productive. The four departments of a company that benefit the most from document management systems are contracts management, human resources, accounts receivable, and accounts payable. A simple tweak here and there can save you thousands.

Catch up with the modern day. See how document storage systems can finally help you make sense of the flurry.

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Welcome to Kameleon Media, the home of Joe Kameleon. You can expect the best news and media from Joe. He will bring you news, weather and financial market info. Stop back everyday (Joe misses you when you aren't here)

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