Read this article by Stephanie Calahan of Calahan Solutions and a Paper Tiger Expert for statistics regarding how much misfiled and lost paper files cost you. Stephanie also recommends Paper Tiger Filing System and Document Management Software in her Office Miracle to be able to find your files when you need them!
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The other day I was doing my file clean-out, (yes you really should go through and see what is still relevant!), and 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 average 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 average office spends $20 on labor for filing each document & $120 searching for every misfiled document! (source: Coopers & Lybrand study in Inc Mag)
The average 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?
Also see this article “Did You Know Paper and Other Things in Your Office Hold Emotion?” by Stephanie that you should find helpful when deciding what to file or not.
About the Author:
Stephanie Calahan is The Business Vision Catalyst and founder of Calahan Solutions, Inc. She works with purpose-driven entrepreneurs, visionaries, coaches, consultants, health practitioners, authors, speakers and all sorts of remarkable service professionals who are experts in their field, to help them embrace their brilliance, leverage their business and get their message out with power, ease and joy; so that they can make a powerfully positive difference in the world, exponentially grow their income and enjoy a highly-successful and meaningful business… while working less. Learn how you can have more freedom in your life! http://www.StephanieCalahan.com
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Tags: document management software, document management system, filing software, get organized, paper filing systems, The Paper Tiger 'Finding' Filing System