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Document Management

Documents Manage 6% of Your Budget

Document costs increase every year thanks to the growing volume of information. These costs include everything from printing and copying to the infrastructure needed to store and retrieve critical information.

Recent research by InfoTrends found that overall expenditures on documents were 6% of annual revenues.

Fortunately there are several practical strategies for medium and small businesses you can employ to reduce your document costs:

paper and laptop nogb Multifunction Systems

New workgroup multifunction systems can provide full color printing, copying, faxing, and scanning services in one device.

Multifunction systems are less expensive to operate than laser printers especially when it comes to color output. These systems operate on low cost-per-page agreements that include supplies, preventative maintenance, and on-site service. The net result is lower output costs.

Printer Management

In many offices, 80% of document output is attributed to printing. A recent study by Hewlett-Packard showed that a properly-managed printing environment can cut printing costs by 8-42. The first step is to understand your actual printing expense. continue reading...

Want Production? Think Multifunction.

What is a Multifunction System?iStock_000003106694Small

According to the Multifunction Products Association, a multifunction system (MFP) is defined as “office equipment for paper management connected to a PC or network that handles two or more of the following functions: printing, scanning, copying or faxing.”

Everything You Need In One Device

The newest generation of MFPs provides important office functionality in one reliable device with the capabilities of printing, copying and scanning in full color.

Printing

An MFP works like any other laser printer, but also adds the type of finishing functionality you expect from a copier including stapling and two-sided printing.

Scanning

Revolutionize your office and scan documents into common digital formats like PDF, .jpeg or .tiff formats. These files can be sent to email addresses or to any folder on the network. continue reading...

Use Color Multifunction Systems to Print Digital Photos

Supplies

Digital cameras have become a necessity for businesses. They’re inexpensive, easy to use and create a message that cannot be expressed with words. Of course getting the pictures onto a marketing statement or proposal is another step that needs to be addressed. Businesses are now using color multifunction systems to print color digital photos at blazing speeds at a fraction of the cost of slow photo printers.

Personal Photo Printers vs. Color Multifunction Systems (MFPs)

· Personal photo printers are slower than MFPs taking multiple minutes to print a photo compared to an MFP’s speeds of up to 45 photos per minute.

· Most personal printers do not allow you to print on letter-sized paper, limiting you to a 4 X 6 size. MFPs conveniently let you print high-resolution photos on normal 8.5 X 11 size paper.

· Photo printer paper is expensive and cost per photo can be from 25 to 80 cents per page. MFPs can reduce that cost. continue reading...

Meeting Compliance and Privacy Requirements: Distributing paper documents electronically in an age of increased regulatory pressures

privacy thumbnail By electing to deploy a scanning solution, you recognize the unique return on
investment an integrated scanning solution can offer. You understand that the
office copier has emerged as a networked device with many functions: copy,
print, fax, and scan. The benefits of scanning are not as obvious as copy, print,
and fax, but can have the greatest impact on productivity by enabling you to
integrate paper into your digital enterprise applications. Not only will your
company realize an immediate increase in productivity but, you will also directly,
positively impact your bottom line.

Product overview Distributed document scanning and the case for electronic distribution Electronic scanning, distribution, and storage of paper documents
offers enormous opportunities for cost savings, productivity improvements, and increased business effectiveness. continue reading...

Integrating paper-based information for Sarbanes-Oxley Section 404 compliance: The eCopy™ solution for document imaging

paper thumbnail The major corporate governance issue for publicly traded US companies today
is compliance with the Sarbanes-Oxley Act (SOX). Although the SEC has recently
extended the compliance deadlines for Section 404 of SOX, this doesn’t mean the regulation is going away.

Under the new compliance schedule, for companies with a market capitalization over $75 million and at least one annual report filing with the SEC, the deadline to begin to comply with the 404 requirements has moved out from June 15, 2004 to November 15, 2004. For all other issuers, Section 404 compliance is required for fiscal year ending on or after July 15, 2005, as opposed to the original date of
April 15, 2005. continue reading...

Email Archiving

By Corey Smith

email archiving eWeek posted today a great article titled, How to Choose the Best E-mail Archiving Solution for Your Enterprise.

An increasing number of enterprises are investigating e-mail archiving solutions due to regulatory compliance, legal discovery and storage management issues. Understanding how to evaluate these e-mail archiving solutions is critical if you want to effectively address these business challenges.

If you understand the options for email archiving and how they apply to electronic document management, you can increase efficiency in your business and provide savings to your bottom line. continue reading...

SharePoint and Document Imaging: Five Considerations

By Corey Smith

SharePoint collaboration graphic Tristam Wallace, at the Document Imaging Blog, had a very interesting post on SharePoint and Document Imaging. I think that one of the most common misconceptions is that if you have SharePoint in your office that you have a fully featured document imaging system.

SharePoint can certainly help increase your productivity through collaboration and document storage, but if you have a lot of unstructured data (documents that have been scanned), you probably need to look at integrating your document imaging system (capture/scanning or storage) with SharePoint to help your employees increase their document management productivity. continue reading...

Green Behind The Scenes at HP

From BLI

November 11, 2008 - In 1971, Bill Hewlett, co-founder of HP, said, “The deepening concern for preservation of the environment involves the whole basic question of man on this earth: How may the earth’s resources be preserved?” From recycling computer printouts and punch cards in 1971, to creating a hardware recycling program in 1987 and initiating the HP Planet Partners program in 1991 to reclaim and recycle used HP print cartridges, processing them to recover plastics and metals for new products and diverting millions of tons of waste from landfills, HP has been involved in the environmental movement for decades. continue reading...

How Green is Your Printer?

green printerBy Corey Smith

With the financial challenges of current market conditions, being green can provide your organization with much needed fiscal relief. Being green can help you to save money.

There are more factors in being green in printing than you might think.

eWeek has published an interesting article on this very topic. continue reading...

Document Scanning and Automation

From ScanGuru

The Capture Applications on the market today are file foldersoutstanding when it comes to automation. For any organization that has a large scanning project, or requires minimal time and maximum efficiency from its scan operators, some level of automation is a necessity. So what does automation mean when we are discussing capture applications

Below are some key feature that will minimize the time and effort required to scan and process documents:

Document Separators – with most scanners, if you have 10 documents to scan, you will need to run each set of pages through the document feeder, and save them off individually to your repository. Applications that allow document separators provide a means to place separator sheets between each of your document sets, place the entire pile into the document feeder, and let the software split the stack into individual files. This is a huge time saver, even with a small number of documents. continue reading...

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