Cost of Document Management
Many companies overlook the strategic management of document workflows, often underestimating the substantial costs associated with printers and copiers.
Beyond the apparent expenses of ink and paper, document management encompasses a broader spectrum of costs. Industry analysts reveal that documents can consume up to 15% of corporate revenue. For instance, a $5 billion company may allocate up to $750 million to their document lifecycle processes, covering input/capture, management/layout, output/distribution, and storage/archival.
Despite being a high-impact area, few companies have a structured document strategy to address these concealed costs. Even a modest 1% improvement in this process could yield a significant return of $7.5 million. This raises a crucial question: What other aspect of your company consumes 15% of revenue without proper management?
At Printer Plotter Pro, our initial step involves analyzing your current spending and processes, establishing an accurate baseline, and identifying existing costs. We then map these processes to your corporate goals and strategies to craft a comprehensive document strategy that aligns with your organizational objectives.
