Forty to sixty percent of the average office worker’s time is spent handling paper, which translates to 20-45% of an organization’s labour costs and 12-15% of an organization’s expenses.
A significant portion of the average office is devoted to the storage of paper documents. There are over 4 trillion paper documents in North American offices – growing at a rate of 22% a year.
The average cost of finding a misfiled document is $120. The average cost of recreating a lost document is $250. 7.5 % of all documents are lost, 3 % of the remainder are misfiled.
Paper documents cannot be shared without costly duplication and distribution. The average business document is copied 19 times – over 81 billion sheets of paper are copied each month.
The time spent locating paper documents adversely affects response to customer and operational inquiries.
Paper documents are vulnerable to loss through damage or destruction.
By outsourcing the capture and management of documents digitally, your organization can:
For over a quarter of a century, ACI has been helping organizations in both the private and public sectors manage documents more cost-effectively.
Specifically, ACI has been helping organizations throughout North America to improve the productivity of their document & data management operations while reducing the risk of lost or misplaced documents, plus any associated penalties.
Contact ACI today for free consultative assistance.