Seriously now, their filing system and workflow depend on what color staples and paperclips are attached to their paper documents. This is a hallmark example of a bad process that should probably not be converted to an electronic one
Does anyone have a solid benchmark on how much it costs to file a paper document? Not to 'process' a document per se...I'm looking for a metric on the physical storage/retrieval component...?
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Not only that, the effort to find a paper document, its risk of damage, and the overall cost of it, is substantially higher than that of its digital counterpart
One question I get asked a lot is: “Do most firms destroy paper documents after scanning them?” First, every firm retains the paper documents for 60 to 120 days to ensure there’s no need for a re-scan or perhaps a scan of a page that might have been skipped
On the third day of capture, my solution gave to me... 3 million paper documents (to be scanned) 2 high volume production scanners And a capture solution that saved a million dollars annually. On the fourth day of capture, my solution gave to me... 4 less staffers manually keying data 3 million paper documents (to be scanned) 2 high volume production scanners And a capture solution that saved a million dollars annually. On the fifth day of capture, my solution gave to me... 5 multifunction devices (for distributed scanning) 4 less staffers manually keying data 3 million paper documents (to be scanned) 2 high volume production scanners And a capture solution that saved a million dollars annually. On the sixth day of capture, my solution gave to me... 6 month return on investment 5 multifunction devices (for distributed scanning) 4 less staffers manually keying data 3 million paper documents (to be scanned) 2 high volume production scanners And a capture solution that saved a million dollars annually. On the seventh day of capture, my solution gave to me... 7 hours saved per week to work on other things 6 month return on investment 5 multifunction devices (for distributed scanning) 4 less staffers manually keying data 3 million paper documents (to be scanned) 2 high volume production scanners And a capture solution that saved a million dollars annually
At some point in your business and office routines, you may realize that paper documents are not efficient and are causing problems for a variety of reasons
I think any ECM / ERM strategy should start from considering about managing of paper documents in the organisation, since most of the content will become a paper document at some stage of it's lifecycle
Despite the long-predicted promise of a paperless business, every enterprise continues to generate, receive and process large volumes of paper documents. Almost every enterprise across multiple industries struggles with at least one paper-intensive, document process such as accounts payable, human resources, healthcare records, insurance claims, loan processing and others
Their research on the security of paper documents is very enlightening and should be required reading, particularly if you believe paper documents are more secure
This point was recently underscored as a headline-making fire at a well-known document storage warehouse sent the message loud and clear: storing paper documents creates unnecessary risks, where digital storage brings clear benefits across the board. Traditionally, long-term storage of paper documents has been thought to be the most cost-effective way to store documents that don’t need to be retrieved. But the recent blaze – which destroyed countless paper documents – exposed the inherent risks of storing paper
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