Invu commissioned independent research from specialists YouGov to determine just how much traditional filing is costing UK SMEs.
The survey sought the opinions of more than 800 UK managers and directors across a range of industries.
Their feedback reveals that valuable time is spent trying to locate paper documents, resulting in staggering financial losses.
In fact, the 4.5 million SMEs in the UK waste an estimated £42.2 million in total per day.
Conclusion:
SMEs spend up to two hours searching for documents per day at a cost of £11,000 per year.
Traditional filing and coping with a mix of paper-based and electronic documents is the cause of this.
Most SMEs know they have a problem but are put off doing something about it by unfounded concerns.
Those who have employed a Digital Document Management system are saving time and money, and are more efficient and competitive as a result.
Get The Full Report:
Send an email to YouGov@benjohnsoninvu.com for a copy of the report.
Last updated: 10-11-2008
