Document Management ROI

Documents will never go away. But the cost of managing them can go down. Virtually every organization can benefit from implementing ByteManager Document Management solutions. As these statistics show, there are many reasons to begin partnering with ByteManagers today.

Staggering Costs of Documents*

4 Trillion documents are stored in US files
Paper files are doubling every 3.5 years
Average document is copied 19 times
Each day, almost one billion photocopies are made
The average worker has a 34 hour paper backlog
50% of every office worker's time is spent handling paper or data entry
50% of all projects are behind schedule
Filing a document costs 25 to 30 cents per sheet
3 to 5% of an organization's documents are lost or misfiled
Cost to recreate a misfiled document is between $120 and $250
7.4% of an executive's time is spent looking for lost or misfiled documents
Including lost and misfiled documents, the cost to manage a single document can be as high as $20.