It's no secret that healthcare costs are rising, and new burdens placed upon industry leaders to meet compliance mandates aren't helping matters. Not surprisingly, administrative costs comprise more than a quarter of the industry's operating expenses.
How much time do you and your staff spend each day searching for paper files? If you're average, it's about an hour and a half per person. If you store your documents on a computer hard drive without a document management system in place, the search is still pretty long, at almost 40 minutes per document. Either way, that's way too long.
It's amazing what a new mfp can do for your company's workflows, and if you've been getting by with the bare minimum, it's time to consider an equipment upgrade. Here's what you've probably been dealing with—and what you'll gain!
Keeping out-of-date equipment around because it's still working isn't such a good idea. From the high cost of downtime and workflow bottlenecks to data security issues, it's not worth the risk.
If you've wondered whether or not your small business can afford to convert to a digital office, the question you should be asking is this: Can you afford not to?
A Perfect Match
Small to medium businesses are uniquely poised to benefit from an electronic Document Management solution. With resources often stretched to their limits, SMBs who make the transition to digital processes have discovered benefits that outweigh any perceived downsides. Here are the advantages most often realized:
Despite all the buzz about paperless initiatives, we're not doing a very good job on follow through.
Statistics reveal the sobering truth; office workers still go through 10,000 sheets of copy paper each year, and nearly 45% of the documents printed in our offices are thrown away by day's end. Even worse, nearly half of paper documents in filing cabinets are never accessed after filing.