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Documents Manage 6% of Your Budget

Document costs increase every year thanks to the growing volume of information. These costs include everything from printing and copying to the infrastructure needed to store and retrieve critical information.
Recent research by InfoTrends found that overall expenditures on documents were 6% of annual revenues.
Fortunately there are several practical strategies for medium and small businesses you can employ to reduce your document costs:
Multifunction Systems

Use Color Multifunction Systems to Print Digital Photos

Digital cameras have become a necessity for businesses. They’re inexpensive, easy to use and create a message that cannot be expressed with words. Of course getting the pictures onto a marketing statement or proposal is another step that needs to be addressed. Businesses are now using color multifunction systems to print color digital photos at blazing speeds at a fraction of the cost of slow photo printers.  

Personal Photo Printers vs. Color Multifunction Systems (MFPs)

You Don’t Have to Change your Software to send Invoices by Email

Has your business upgraded electronic invoices yet?  Send your invoices by email instead of mailing them and get faster delivery, shorter collection times and reduced printing and postage costs.  Best yet, technology exists where you won’t have to change your existing accounting software to send your invoices by email.
Automatically Generate Your Invoices

Are you using barcodes yet?

Since the 1960’s, barcode technology has been used in business industries including the identification of railroad cars.  Today you can use the same barcode technology grocery stores and inventory systems do to streamline your business processes like invoicing and collection.
Barcodes allow critical business information to be processed quickly and accurately. 

EDMS Works for the Little People

In today’s society everyone strives to become the boss whether it’s the manager, president or CEO. People tend to discount the little people like the secretary, assistant and file clerk. These employees are essential for making sure every-day tasks are completed smoothly and efficiently, yet businesses insist on making life harder for them by keeping with a paper-based office.

Controlling Document Overload

When you have one or more groups in an enterprise, utilizing a document management system will provide storage, easy access and control of large information caches. As workgroups grow larger, the data in the system continues to grow with it. In document management systems, different sets of data are stored in different styles and fonts. Document management solution companies work on systems so anyone within a workgroup can access information. Good document management software is judged by the accuracy, simplicity and availability of the information access methods.

Put Color back into Productivity and Reduce Costs

New color multifunction systems allow businesses to create color documents quickly and cost-effectively.  These systems print, copy and scan in brilliant color, equipping you with the tools to create, duplicate, and store your creations.

It’s Not Only Humans Who Have A Net Worth

I was recently browsing the internet when I came across a website claiming it could tell me exactly how much my life was worth as a human being.  Intrigued, I filled out a survey that asked questions about my physical, mental, lifestyle and personality factors.  Once completed it broke down every aspect of my answers and gave me an exact number of my life’s worth—$2,327,896 to be exact. 

Exposed: The Low Cost of Today’s Document Management

Any business whether it’s healthcare facilities, legal firms, financial services or educational institutions, has to deal with an inordinate amount of documents.  When digging through a dusty file cabinet for a case study or client information, at the back of any file clerk or assistant’s mind is the question “Isn’t there a better way?”.

Reclamation Isn’t Just About the Environment—Reclaim Your Office Space

With the emphasis on the environment and utilizing what you already have, many organizations are exploring new ways to reclaim wasted office space.  If you are looking for more space in your office, a great place to start may be with your filing cabinets. 

Where to Start - Average rent for an office space is $24 a square foot.  Using this average, a 20 x 20 filing room will cost $9,600 annually. If this space can be reclaimed for additional offices, the potential savings realized by not having to move or rent additional rooms are substantial. 

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