The material cost of paper is but one of a long list of factors pertaining to the true expense of paper-based document processing. Companies using paper dependent processes must consider the hidden costs.
In addition to the material expense of the paper itself, companies must contend with additional shipping and handling costs related to the supply of paper to the office. For example, companies generally cover not only the cost of the paper, but the expense of delivery as well.
Further, the use of paper-based processing increases the bottom line, raising the cost of labor and materials inefficiently. For instance, paper-based companies bear costs related to the time and effort necessary for employees to handle, deliver, ship, and file physical documents. Also consider the hidden costs behind manual labor and business impact of a lost document.
inFORM Decisions’ document automation solutions can help you achieve a paperless office and improve your document management processes. Contact us at 800.858.5544 for more information.