According to the 2014  AIIM Industry Watch report, “60% of users have seen ROI on their paper-free projects within 12 months, an impressive 77% within 18 months.  Faster response to customers and higher productivity are seen as the biggest benefits, along with improved remote and mobile availability.”

Paper-based processes are costing your company time and money

Average space taken up in offices to store papers is 13.5%.
Cost of office space has increased by 19%
Documents are growing at a rate of 22% per year!
Professionals spend 20% to 30% of their day filing, searching & retreiving...
...but only 5% to 15% of that time reading the document
#1 reason for so much paper in business processes: Lack of management initiative or mandates

The hard costs of paper-based processes

$ 0
Labor cost to file a document
$ 0
Cost of finding a misfiled document
$ 0
Cost of reproducing lost document
$ 0
Cost of operating a single fax machine
$ 0
Cost of filling a four drawer lateral filing cabinet
$ 0
Cost of maintaining that same cabinet

More unnecessary costs and ways to waste company time

0 X
Number of times a document is copied in its life
0 minutes
Average time it takes to fax a document
$ 0
Average cost to send a package between locations is $8 to $15

Sources:  Coopers & Lybrand (now Price Waterhouse Coopers), Captaris, Gartner Group and AIIM Market Intelligence report.