Organizations spend on average:
- $20 in labor to file a document *
- $120 in labor to find a misfiled document *
- $220 in labor to reproduce a lost document *
- 7.5 percent of all documents get lost; 3 percent of the remainder get misfiled *
- Professionals spend 5 – 15 percent of their time reading information, but up to 50 percent looking for it *
- $24 average cost to process a single invoice manually **
- 40% of 1,200 organizations surveyed indicated disaster recovery planning not a priority +
- 2 out of 5 companies who experience a disaster are out of business in 5 years ++
Source: * PricewaterhouseCoopers + Captaris ** IOMA ++ Gartner