Karl Rohde - Entrepreneur - Father - Life Coach - Budget AdvisorKarl Rohde
Entrepreneur - Father - Life Coach - Budget Advisor
Thoughts on life, politics, education and the arts
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Take a second look at what appears to be someone's "good luck." You'll find not luck but preparation, planning, and success-producing thinking....
- David Joseph Schwartz
Paper Wars
Another month and yet more paper filling up my office!

File this, file that. Sheez... if I was not so busy getting compliant (aha... I let it slip a little again) I would sort it out.

Obviously, DocScan, which is my other company, is well on the way to dealing with my paper war, but it has other priorities... like paying client's work.

Document scanning is pretty amazing, and when you consider the following, its such a surprise everyone isn't outsourcing!

* 90% of all corporate memory exists on paper.
* Of all documents that get handled each and every day in the average office, 90% are merely shuffled.
* The average document gets copied 19 times.
* Companies spend $20 in labour to file a document, $120 in labour to find a misfiled document, and $220 in labour to reproduce a lost document.
* 7.5% of all documents get lost, 3% of the remainder get misfiled.
* Professionals spend 5-15% of their time reading information, but up to 50% looking for it.
* There are over 4 trillion paper documents in the U.S. alone growing at a rate of 22% per year.

Hey, for 5 cents a page it really is work considering getting rid of the mountain of paper in the back room, the spare warehouse that could be better used and so on!

Think of it this way, 10 Eselite folders holds about 5000 pages. They cost about $250 to scan. How much does their storage cost your business?

I even considered getting all my personal stuff scanned. Your bills, bank statements, letters from people. Just stick it all on a DVD, all indexed, and be done with it.

Hell... send it to us, we will do it ;) DocScan

Posted by Karl Rohde on March 20, 2007 at 12:00 am | Business | Trackbacks (0)
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