DOCUMENT STATISTICS

Cost Justification Facts:

  5% of a company's filing cost is spent on equipment, 5% goes to supplies, 20% to space and 70% to salaries.

  The cost of a three-drawer file cabinet and the human functions of storage, filing and retrieval of  documents on average is $2,500 per year. This does not include misfiling and misspent employee time.

  The average business document is photocopied 19 times.

  Corporations average a per-page storage cost of 45 cents, with retrieval costing $3.50. A misfiled document is estimated to cost $250 in employee time, yet most documents are referred to only briefly.

  A single optical disk can hold in the area of an 

ordinary office telephone what 75 four-drawer file cabinets can store in 500 square feet.

  The average corporate executive spends 25% of  his/her time looking for misplaced, misfiled or missing documents.

Implementing a document management solution

can:

  Double or triple processing capacity of simply  automating present system.

  Free up staff time by up to 50% for redirection to  other important tasks.

  Respond immediately to inquiries.

  Reduce document storage space by 60-80%.

  Provide a "Fail Safe" system for safe guarding  document files.

  Improve productivity 10 to 30%.

  Improve corporate bottom line number by 5 to  15%.

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