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90% of business information still exists on paper
20% to 40% of workers time is
wasted searching for documents
Of all documents that get handled
each day, 90% are shuffled
The average document gets copied
19 times
The US is approaching 4 trillion
documents being stored by businesses and government
agencies and growing at a rate of 22% per year
Professionals spend 5-15% reading
information, but up to 50% looking for it
Every 12 filing cabinets require
an additional employee to maintain
7.5% of all documents get lost
and 3% get misfiled
More than 70% of today’s
businesses would fail within 3 weeks if they suffered
a catastrophic loss of paper-based records due to fire
or floods
Each four-drawer file cabinet
takes up to 9 ft of floor space and costs $1,500 per
year |