Time-consuming document searches.
Records Security Obstacles.
Storage space costs.
Regulatory compliance issues.
Disaster Recovery.
According to Cooper's & Lybrand, the average office:
-
Makes 19 copies of each document
-
Spends $250 recreating each lost document
-
Spends $20 on labor for filing each document
-
Loses 1 out of 20 office documents
-
Spends $120 searching for every misfiled document
-
Spends $25,000 to fill a 4-drawer file cabinet and $2,000 annually to maintain it
In addition, Cooper's & Lybrand also noted the following:
- 90% of corporate memory exists on paper
- Of pages that get handled in the office, 90% are merely shuffled
- 7.5% of all documents get lost, 3% of the remainder get misfiled
- Professionals spend 5-15% of their time reading information, and spend 50% of their time looking for information
- There are over 4 trillion paper documents in the US alone, with a growing rate of 22% per year
Whether your concern is streamlining operations for a more robust bottom line or serving your customers more effectively, paper filing systems pose significant business challenges in the form of increased costs and lost productivity.
For More Information, Contact Us Today:
Documents Online, Inc.
P. O. Box 50392
Nashville, TN 37205
615-308-9842