Business Money Saving Tip – What Does a Piece of Paper Cost?

Here are some facts about the paper in your office that
you may not have thought about.

Over its life-span, a single sheet of paper ends up costing an average of $30.
-Delphi Group

Every year 7.5 billion documents are created and 15 trillion copies are made.

E-mails will double to 60 billion a day in 2 years.

7% of documents are permanently lost.

The average document is copied 18 times.

90% of business information is still on paper.

Misfiled documents cost $120 each.

4-drawer file cabinets cost $25,000 to fill
and $2,000 per year to maintain. (Source: Coopers & Lybrand 2004)

$14,000 worth of productivity is lost per worker per year due to their inability to find the data they require to do their job.
-IDC Canada
Professionals spend 50 percent of their time searching for information, and take 18 minutes to locate each document on average.
-Gartner Research

US companies spend approximately $20 on labor costs in order to file a document, $120 on the labor required to find a misfiled document and $220 to reproduce a lost document.
-Coopers & Lybrand
Companies typically misfile up to 20 percent of their records – thus losing them forever.
-ARMA International
With that in mind, do you think you could save time and money
in your office with a document imaging system?

If you have any questions, just email me at

Have a good day,

PS: Free Document Imaging and Management Guide go to:

RELATED ARTICLES: How Much time spend searching for information
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What is the ROI on Document Imaging or Document Managements System

One response to “Business Money Saving Tip – What Does a Piece of Paper Cost?

  1. Pingback: 2010 in review | Paper-Mess to Paper-Less

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