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Are You Managing Your Business or Are Paper Documents Taking Control?

7 Key Benefits Executives Will Achieve by Utilizing an Electronic Document Management System
Business as usual is inefficient business. We are in a business climate where more has to be done with less and yet…90% of all business documents still exist on paper. Paper documents are both a blessing and a bane to an organization. They are the life-blood of the company. They turn information into action: purchase orders into product, bills of lading into deliveries and invoices into cash. If not managed proficiently, documents threaten:

• Enterprise profitability – 15% of corporate revenues is trapped annually in paper documents
• Operational efficiency – 50% of professional’s time is spend searching for paper documents
• Customer Retention – 75% of unresolved customer disputes are caused by missing paper documents
• Corporate compliance – Audit fines and penalties are derived from the inability to produce up to 30% of paper documents
• Business continuity – 94% of companies impacted by a major business interruption fail in part because of the loss of paper documents
• Environment impact – 36% of landfill over population is contributed to paper documents

Here are 7 key benefits executives will achieve by utilizing an electronic document management system.

1. Streamline operations. A Business Copier Solutions IDM Specialist will draft a blue print for the transition from business as usual to more efficient business.
2. Reduce operating expenses. A Business Copier Solutions IDM Specialist will analyze the blue print and highlight all of the business as usual expenses associated with the creation, distribution, storage and retrieval of business documents. This analysis will lead to the pinpointed recommendations of hard and soft cost reduction.
3. Maximize labor efficiency. A Business Copier Solutions IDM Specialist will recommend the elimination of unnecessary work steps inherent in the document centric process associated with Accounts Receivable, Accounts Payable, Shipping and Receiving, Customer Service and Human Resources.
4. Improve customer retention. A Business Copier Solutions IDM Specialist will highlight within the blue print the most effective ways to resolve customer disputes through immediate document access.
5. Don’t sweat audits. A Business Copier Solutions IDM Specialist will pinpoint document types within the blue print design and bring attention to the prominence of a records retention strategy.
6. Plan for the worst. A Business Copier Solutions IDM Specialist will stress within the blue print the importance of a business continuity plan aiming toward the 6% survival rate.
7. Turn green. A Business Copier Solutions IDM Specialist will provide counsel within the blue print on how to minimize a corporation’s impact on the environment.

Utilizing a A Business Copier Solutions IDM Specialist will enable the transition from “Business as Usual” to “Efficient Business”. Click here to get more information.