Is it time to rethink your document management? If you’re still reliant on a paper-based archive, the answer is yes. Paper-based archives are costly (and they’re such for all the wrong reasons!). A company will spend 20 dollars in labor for paper-based document filing, 120 dollars to find a misplaced document, and 220 dollars in […]
Paper-Based Document Management and 4 Challenges It Brings to the Table Read More »
Are you employing cloud computing in your business or have you postponed the introduction of such technologies? If your documents aren’t on the cloud yet, you’re missing exceptional opportunities to organize business processes in a much better way. It’s been a long time since cloud computing was considered a novelty. 61 percent of businesses completed
Moving to Cloud Document Storage Signs Read More »
Scanning business documents is the first step towards successful digitization and a smooth transition. We’ve already discussed the fact that digitization has picked up speed due to the Covid-19 pandemic and it will continue gaining prominence in document digitization trends. So, if you haven’t started your digitization efforts yet, the time is just right for
Which File Format Should Be Used For Business Scanned Documents Read More »
Another year is almost over and it has been a hectic one. According to a McKinsey report, the Covid-19 pandemic has accelerated digital transformations and it has contributed to higher levels of workplace flexibility. In fact, as a result of the pandemic, anywhere between 20 and 25 percent of the workforce in advanced economies could
Top Document Digitization Technologies That Will Dominate Read More »
Cloud computing is pretty much becoming the norm in today’s corporate world, especially taking into account all of the Covid-19 related developments since. Cloud computing generated revenue of over 300 billion dollars in the US. Currently, 67 percent of the corporate IT infrastructure in the country is cloud-based and 83 percent of the workload is
Cloud-Based Document Management Systems Benefits Read More »
Many new business trends emerged as a result of the Covid-19 pandemic. According to some studies, a few of the most important ones encompass a profound digital transformation that many businesses have already initiated. What exactly does this digital business model entail and how is it linked to the lessons that we learned in 2023?
Digital Business Models: All you need to Know Guide & Tips Read More »
Do you have any idea about the resources involved in maintaining paper-based operations? According to some recent studies, receipt printing in the US alone necessitates 250 million gallons of oil, one billion gallons of water and 10 million trees. The retail industry is a large contributor to this burden. Total retail sales volume worldwide is
Establishing a Paperless Retail Business: An Easy Way to Make the Switch Read More »
The digital transformation of the financial department is essential to move a business forward. The financial department handles a big number of documents on a daily basis. Paper-intense processes can be quite cumbersome and they’ll definitely contribute to productivity reductions. Moving to digital document management makes a lot of sense, reducing the risk of human
A Comprehensive Guide to Scanning Financial Documents for Easy Digitization Read More »
The world of document management is evolving rapidly. New technologies and solutions have enabled a ton of automation and the introduction of paperless processes in the workspace. Unfortunately, many businesses are still reliant on outdated document management practices that are bringing down productivity and increasing the risk of costly errors. Stats suggest that knowledge workers
Outdated Document Management Practices Read More »
Businesses have been transformed forever since the start of the Covid-19 pandemic, a McKinsey & Company report suggests. Many were pushed over the technology tipping point, a process that sped up digital transformations and the adoption of innovative solutions. The digital mailroom is one such solution that’s more prominent than ever before. You may think
Digital Mailroom as Effective Document Processing Solution Read More »
