Document Management Solutions

Document Imaging Facts and Figures

• Almost 80% of today's information is paper-based. U.S. and Canadian businesses generate over 1 trillion new pieces of paper each year.
• Only 10% of corporate information lies in structured databases. The remaining 90%, often critical to business processes, lies in unmanaged chaotic file system structures.
• For every 10 printed pages, only 1 is ever consulted.
• The average business document is copied 19 times.
• In labor, the average office spends:
1. $20 filing or retrieving a document.
2. $120 finding a misfiled document
3. $250 recreating a lost document
• 7.5% of all documents get lost, 3% of the remainder get misfiled and have to be recovered at an alarming cost of $120 per document.
• Professionals spend 5-15% of their time reading information, and up to 50% looking for it.
• The average time to retrieve and re-file a paper document is 10 minutes.
• The average worker makes 61 trips per week to the fax machine, copier and printer.
• It costs about $25,000 to fill a four-drawer filing cabinet and over $2100 per year to maintain it.

  Source: Gartner Group, Coopers & Lybrand, Ernst & Young, PC Magazine, AIIM, and Imaging Magazine.