less than $4 per document lifecycle vs.
just how much are you spending now?
for every dollar spent on producing paper forms, between $30 and $60 is spent in processing those forms.
- according to gartner group
one simple intra-company form can cost a company over $150 per form to process. this includes labor and materials for printing, storing, filling out, receiving approval, and entering the information into the business system.
- according to a study funded by microsoft
the sheer amount of information requiring processing will grow at a rate of 200% per year.
- according to the yankee group, a research organization
automated data capture and forms processing, whether paper-based or electronic, is rapidly becoming an integral and necessary component in the government, insurance and financial sectors. a savings of 50-75% in direct costs and a 900% productivity gain over manually processed forms is just too compelling to ignore.
- “document strategies: automated data capture and e-form solutions, take information prisoner before it takes you”, published by business techedge, rockport publishing 2008,
documents claim up to 60% of office worker time and account for up to 45% of labor costs. moreover, document mismanagement claims 12-15% of corporate revenue.
- according to gartner group
analysts estimate that for every dollar spent on purchasing paper forms, up to $9 is spent on just processing the forms. this number climbs higher when considering other burdened costs including support and infrastructure, procurement and facilities, end-user interaction time, and document management expense.
- kevin craine,”designing a document strategy” (mc2 books), referencing various statistics from gartner inc., infotrends and others.
only about 10% of actual document costs are ever exposed by an assessment, which means that 90% of document-related expense is being overlooked.
- according to infotrends, a noted document industry research firm.
80% of knowledge workers’ activities are supported by documents and 90% of customer communications take place through documents.
- source: xerox
doctors who use electronic health records say overwhelmingly that such records have helped improve the quality and timeliness of care.
- the new england journal of medicine, june 18, 2008
estimates are that u.s. companies spend approximately $100 billion each year to print and manage office documents.
- source: international data corporation (idc)
proforma helps make your company green. green computing –”top ways to make your company green” #1 develop a sustainable green computing plan, #4 reduce paper consumption
- source: hewlett packard
more information, see: electronic document management: challenges and opportunities for information systems managers ralph h. sprague, jr. mis quarterly, vol. 19, no. 1 (mar., 1995), pp. 29-49.
- published by: management information systems research center, university of minnesota
note: teleform is a component of the proforma kiosk
teleform customers typically see a 60%-80% reduction in the costs associated with manually typing data from paper forms and documents as teleform automatically reads hand print, machine print, optical mark, barcodes and signatures.
according to study by cardiff teleform