Today every Management (IT) System, including those from mid-size businesses to large corporations, has to include some kind of document management, document workflow, document archive and document retrieval system.  Today's systems no longer consist of a simple database as they used to, and to remain competitive, companies develop sophisticated systems dedicated to their specific industry, business model, business workflow, market and environment. 

Many industries have specific vertical IT vendors and software packages as part of their management systems, such as those for manufacturing, legal, finance, insurance, healthcare, education and government.

Well over half of  documents today are produced electronically such as by e-mail, desktop publishing software, internet, and e-commerce.  Somehow, the remainder of the business critical documents on paper have to be imported into the business management system, thus necessitating the need for an efficient front-end scanning capture solution!

Information Management By The Numbers

Did You Know?

90% of corporate memory exists on paper

Of all the pages that get handled each day in the average office, 90% are merely shuffled

The average document gets copied 19 times

Companies spend $20 in labor to file a document, $120 in labor to find a misfiled document, and $220 in labor to reproduce a lost document.

7.5% of all documents get lost, 3% of the remainder get misfiled.

Professionals spend 5-15% of their time reading information, but up to 50% looking for it.

There are over 4 trillion paper documents in the U.S. alone - growing at a rate of 22% per year.