MFP: The Right Tool For the Job
Much has been said about the escalating cost of creating and working with documents.
About the impact on operations: “Imaging and printing accounts for up to 15 percent of an organization’s overall operating costs.” Source: CAP Ventures
About the effect on labor costs: “Printing and imaging processes can account for as much as 40 percent of labor costs.” Source: Avi Basu, IT Journal
About the threat to revenue: “Through YE08, enterprises will spend between 1 percent and 3 percent of their revenue on document output.”
But how much do organizations really know about the surprisingly simple reasons why these costs are increasing and how an evolving digital technology can be effectively deployed to fix this growing problem?