In fact, only 18% of companies today can be considered truly paperless. Handling paper is cumbersome, impedes productivity, reduces operational efficiency, and costs companies money — and a lot of it.
One study estimates that the time wasted from processing paper, costs organizations close to $20,000 per knowledge worker, per year. But that’s only the half of it.
Read on to learn more about the extent of the paper problem and everything you need to know about the paperless office and how it can help your business:
What are the disadvantages of paper-based processes
- Cost Burden
- Security Risks
- Reduction in productivity. “Paper leads to a productivity loss of 21.3%”
What are the benefits of a paperless office
- Reduced Operational Cost
- Storage costs
- Copying and printing costs
- Business process costs
- Security and data recovery costs
- Increased Productivity
- Increased Security & Compliance
- Environmental impact