What experts say

experts advice about ECMProfessionals spend 50 percent of their time searching for information, and take 18 minutes to locate each document on average.
-Gartner Research

Companies typically misfile up to 20 percent of their records – thus losing them forever.
-ARMA International

$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

A study conducted by The Delphi Group in 1999 found that 90% of typical office tasks still revolve around the gathering and distribution of paper documents. While 15% of all papers are lost, 30% of our time is used trying to find these lost documents. Companies on average spend $25,000 to fill a typical four-drawer file cabinet, $2,000 to maintain it each year, and over its life-span, a single sheet of paper ends up costing an average of $30.
-Delphi Group

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

For companies that manage their own files, employees spend between 20-40% of their time searching for documents manually.
-Coopers & Lybrand

90% of documents that are consulted daily are handled without any appropriate management.
-Coopers & Lybrand

For lost documents, companies pay a cost of searching, 6 times the value of the original document.
-Coopers & Lybrand

Companies that need to redo documents pay 11 times more than the cost of the original document.
-Coopers & Lybrand

Out of all documents generated, up to 7% are lost.
-Coopers & Lybrand

Employees spend more than 50% of their time searching for information.
-Coopers & Lybrand

Paper files are doubling every 3.5 years.
-Coopers & Lybrand

The average document is copied 19 times.
-Coopers & Lybrand

Each day one billion photocopies are made
-AIIM, Forrester, Star Securities, US Department of Labor

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