Consider this Basis Example
|
TIME COST
|
|
Employees
|
Hours/Day
|
Paid/Hours
|
250 Days/Year
|
Total Cost
|
|
10
|
1
|
$10.00
|
250
|
$25,000
|
|
SUPPLY COST
|
|
Miscellaneous Office Supplies:
file folders, labels, printer & copier
maintenance, copy paper, vertical file cabinets,
off-site storage unit
|
$2,524.00
|
|
TOTAL YEARLY TIME & SUPPLY COST
INVESTMENT
|
$27,524.00
|
|
TOTAL MONTHLY TIME & SUPPLY COST
INVESTMENT
|
$2,293.67
|
|
eFileCabinet COST 1st
YEAR
|
$2,944.00
|
|
ROI
|
1.28 Months
|
|
Document Management Statistics
An average organization spends $20 in labor to file each
document and $120 in labor searching for every misfiled
document.
25% of enterprise paper documents are misplaced and will
never be located.
The average employee spends 400 hours per year searching
for paper documents.
It costs about $25,000 to fill a four drawer filing cabinet
and over $2,100 a year to maintain it.
Additional Advantages of
Electronic Document Management
Save Time & Space Regulatory Compliance Disaster Recovery & Business Continuity Information Security Good for the Environment
|