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Why is Document Scanning Important?

Studies have demonstrated that in paper-based systems, workers waste approximately 20% to 40% of their time searching for documents. Lost or misplaced paper files are a common problem with potentially disastrous results. The following statistics on document management are alarming:
  • * 90% of all corporate memory exists on paper.
  • * Of all documents that get handled daily in an average office, 90% are just shuffled.
  • * The average document gets copied 19 times.
  • * Companies spend $20 in labor to file a document, $120 in labor to find a misfiled document, and $220 in labor to reproduce a lost
    document.
  • * 7.5% of all documents get lost, 3% of the remainder get misfiled.
  • * Professionals spend 5-15% of their time reading information, but
    up to 50% looking for it.
  • * There are over 4 trillion paper documents in the U.S. alone growing at a rate of 22% per year.
  •  
  • (Source: Coopers & Lybrand)

Your scanned documents can be stored indefinitely.

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