Reduce Operational Costs with a Document Management and Content Management Solution When analyzing a company’s current paper-based filing system versus a Document Management and Content […]
When analyzing a company’s current paper-based filing system versus a Document Management and Content Management System, it is important to look at all costs from a realistic perspective.
The safest route to justifying the procurement of an electronic system is to only focus on those quantifiable costs. Although soft costs, such as better Customer Service, Productivity and Efficiencies, are often a lure resulting in the purchase of such systems, the hard-cost savings alone should justify the purchase.
When we look at running a business, there’s typically an unrecognized cost of operating and maintaining a paper-based filing system. Although companies have to use paper, many industries and organizations become inundated with it. Medical practices, law firms, real estate and lending companies are all paper-intensive industries. Managing that volume of documentation is, for most, a time-consuming, labor-intensive, customer-facing process that eats away at the bottom line.