Dollars and Sense: Save $100,000 Annually plus Hours of Valuable Time

Posted by Lauren Ford on May 22, 2014 5:53:49 AM


According to PricewaterhouseCoopers, finding a lost document will cost a company $122 on average. It is also estimated that 7.5% of all company documents are lost completely. Let’s assume your company works with 10,000 documents – an extremely light figure. That would mean, about 750 of those documents are doomed to be lost, ultimately costing your company around $91,500. Plus, if you had to recreate any lost documents, the time and supplies involved would make that number jump well over the $100,000 mark.

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Topics: Paperless Office, Document Management Software, Automation, Document Workflow, Productivity, Enterprise Content Management, Capture