Think for a moment what your business could do with a few hundred hours of extra labor on an annual basis. What sort of impact would thousands of dollars in cost-savings have on your bottom line? For most organizations, this would translate into an incredible competitive advantage regardless of their niche. Implementing a modern, cloud-based document management system can deliver these advantages, and many more.
Let’s do some basic math; according to recent statistics and studies on productivity, each employee a business has devotes on average approximately 40-50 minutes every day to document-related tasks. These tasks include saving, archiving, and properly classifying files, faxing and e-mailing copies back and forth, and making sure that the relevant people have the necessary documents.
With roughly 220 business days in the average year, this adds up to around 165 lost hours of labor for each and every employee under your roof. If your average cost of labor is $20/hour, over $3,300 is being wasted on busywork annually.
Use our handy calculator to find out how much your business could be saving every year.