Pitfalls of Paper Based Document Management

Document Management systems are quickly becoming popular means to reorganize the data within an organization and make it more accessible to those who need it. Document Management systems give your office the ability to archive documents digitally, increasing efficiency and saving money.

Traditional means of Document Management can actually become a hindrance on a business if left unattended. It is very easy to let physical documents take over your storage and office space. The more physical documents that your office has, the more likely documents are to get lost or misfiled.

Here are some shocking statistics about traditional document management systems:

· 90% of documents are still stored on paper

· Documents on average are copied 19 times in their lifetime

· It costs an office an average of $120 in labor to find misfiled

documents

· It costs an office an average of $220 in labor to reproduce a misfiled document

· Nearly 8% of documents are lost

By optimizing your Document Management system, you will increase efficiency and cut costs within your organization. Contact us today to learn more about document management!