Are you wasting time and money by not using a Document Management System (DMS)?
Summary
This includes all the overhead expenses related to managing paper such as filing cabinets, the office floorspace used in the storage of documents (both on-site, off-site, and third-party), the costs involved in archiving, photocopying, distribution and postage. Files going missing, security breaches, leakage of critical confidential information, untraceability of such leaks, regulatory non-compliance, irreversible reputational damage are among the risks associated with paper-based processes. However, the common parameters include the size of the organization, the number of employees involved in paper-based processes, their average hourly wages, the number of copies made daily, the percentage of files lost or misplaced, the square-footage dedicated to filing cabinets, and the price per square foot of office space, etc. A good place to start without wasting a lot of time would be, this helpful Papercost Calculator by dbs Software & Services. The output of the calculator can provide the monetary foundation from which to build your business case for implementing a comprehensive Document Management System like Tessi Docubase
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