When was the last time you thought about the cost of paper? Most people believe that paper is cheap or even free, but in managing your business, paper is expensive - in physical costs and personnel costs.
A Coopers & Lybrand study published in 2004 stated that the typical organization is growing its paper base storage 25% per year. With this growth, you will double your paper storage every three years. Paper is not free!
Consider the following statistics from the same study:
Translated into dollar costs, Coopers & Lybrand studies have stated:
In 1999, a study by The Delphi Group found that companies spend an average of $25,000 to fill a typical four-drawer file cabinet. Once the documents are filed, they spend on average $2,000 per year to maintain each cabinet and an average cost of $30 per piece of paper stored over it's life-span.
What is it costing you to maintain your paper files? What is the real reason you have not moved to a document management solution? CASNET can help! Contact us now!