Every year, U.S. corporations use a lot of paper, consuming more than 5.2 million tons in 2010. And all that paper must go somewhere, through the mail, to billing firms or out to customers, in file cabinets. Therefore it comes as no surprise that document management is an expensive process for many enterprises, as companies with 10 locations alone accumulate more than $10,000 a year in shipping costs.
Managing paper records is usually both time-consuming and costly, from manual labour to payments for missing papers. Companies pay $20 in labor on average to file each sheet, and 80 percent of those papers are never looked at again. File cabinets and paper storage account for more than half of the office space in the United States, considering the technology that exists today.
Every year, an average employee uses about 10,000 pieces of paper, more than 1,400 of which are not even required.
Also Visit: How Much Paper Does Your Business Waste?.
infographic by: www.papersave.com