Thursday, July 3, 2014

SHOULD AN ORGANIZATION DECLINE ELECTRONIC DOCUMENT MANAGEMENT SYSTEM

While most organizations are considering Electronic Document Management System, some decisions makers still reject the need to convert their paper documents to digital copies. Consider the following fact in the UK.

Up to £15 billion wasted every year in the UK looking for 'lost' documents at work.
A survey of over 1,000 office workers in the UK has found that over two thirds of desk-based employees spend up to an hour a day looking for 'lost' documents. This wasted time is costing British businesses up to a staggering £15 billion (£15,388,652,760) every year, according to research from infoMENTUM, carried out by independent research agency Censuswide. The research found that employees are getting increasingly frustrated at not being able to locate the documents they need; nearly 20% of respondents had to waste additional time recreating documents from scratch, as a result.

Over 93% of UK office workers believe that access to the files and documentation they need is important and helps them to do their job more efficiently and effectively.

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