The other day I was doing my spring file clean-out (yes you really should go through and see what is still relavant!) I came across some statistics that I thought you might be interested in. Implications could make or break your business!
Companies typically misfile 2 - 20 % of their records. (Source: ARMA International)
Large organizations lose a document every 12 seconds. On avgerage 7.5 of the documents are lost forever! (source: ARMA International)
90% of all workplace docs are still on paper; 30% of the average workday is spent searching for that info! (source: Assoc for Info & Image Mgt)
The avgerage office spends $20 on labor for filing each document & $120 searching 4 every misfiled document! (source: Coopers & Lybrand study in Inc Mag)
The avgerage office loses 1 out of 20 office documents & spends $250 on document re-creation! (source: Coopers & Lybrand study in Inc Mag)
Wow! Do you have processes in your business to make sure that these statistics are not representing you too?
To your success!
