Notes from Accountingtoday.com
- Printing, faxing, mailing and copying ob average can take nine hours per week per employee
- can take up to 18 minutes for a professional to find a document manually
- can spend almost half of their working days trying to find the information they need to do their job
- this time can equate to up to 468 hours per year
Take Paper out of the Work Flow
- “Access to tools and documents that enable good job performance” ranks No. 2 on the list of the top five most broken processes, according to a survey in Nintex’s Definitive Guide to America’s Most Broken Processes
- survey found that 43% of respondents reported trouble with document approval requests and document sharing
- just over 30% said they struggle managing different versions of documents
Another Recent Survey
- 40% of respondents will either need to be fundamentally retrained for the challenges of their job or replaced to make up for their organization’s skills gap.”
- only 15% of respondents plan to address this issue within the next two years.
- organizations that don’t use technology for their business workflows have an even harder time finding talent
- 42% in that group reported they’ve “stuck with the status quo because it’s difficult to source the talent they need.
Improve workflow by going paperless
- average worker in the U.S. uses 10,000 sheets of paper annually
- making up around 70% of a company’s total waste
- Paper is one of the largest business costs with around $120 million spent on printed documents every year