Far too often office workflow processes are inefficient, manual, and expensive. The Association for Information and Image Management estimates upwards of 90% of all business information is still held on paper. And according to IDC, business professionals spend 60% of their time handling paper-based documents, plus more than 40% of internal office communication is still handled via hardcopy. IDC also reports producing, distributing, and storing documents accounts for up to 40% of an organization’s labor costs and 15% of its revenue. With U.S.-based businesses spending up to $100 billion per year processing paper, according to IDC estimates, the paperless office so sought after in the 1990s remains an elusive myth for the vast majority of organizations.
While you may never be able to eliminate paper entirely from the equation, innovative HP digital-sending and document-capture technology lets you incorporate hardcopy documents into an electronic infrastructure that streamlines decentralized, paper-intense business processes and workflows to help you:
• Reduce operational costs – Automating manual paperwork processes can significantly reduce costs since users are able to share electronic copies of documents quickly without relying on interoffice mail, couriers, or regular mail. The scan-to-email functionality inherent in every HP MFP, scanner, and digital sender also eliminates the need for standalone fax machines, for which the dedicated phone lines alone typically cost $30-50 each per month. In addition, HP digital-sending and document-capture solutions free up increasingly valuable real estate currently dedicated to storing and archiving paper documents.