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Current Filter: Document>>>>>> Who's winning in the paper wars? Editorial Type: Analysis Date: 11-2014 Views: 3210 Key Topics: Document Scanning Capture Strategy Accounts Payable Workflow Key Companies: AIIM Key Products: Key Industries: | |||
| Hot on the heels of their recent 'Paper Wars 2014' research study, Doug Miles, Director of Market Intelligence at AIIM, argues that 'business at the speed of paper' is no longer an option. If someone asked you whether you'd be interested in being able to respond more quickly to your customers, save storage space, share information more easily and improve business productivity, while at the same time helping the environment, you'd be unlikely to say no. After all, businesses thrive on this sort of competitive advantage and if you can help save the planet as well, so much the better. Well, the good news is that all of these things can be achieved by using less paper in the workplace and a lot more Electronic Content Management. That's the verdict of a new study from AIIM, the independent global community of information professionals, called 'Paper Wars 2014 - an update from the battlefield'.
BOTTOM LINE Other findings were that 68% of respondents said that they thought that 'business-at-the-speed-of-paper' will be 'unacceptable in just a few years' time' and around half of businesses surveyed claimed that the biggest single productivity improvement they could introduce to their business would be to reduce or remove paper. However, despite these assertions, only one in five has a board-level endorsed policy to actually reduce paper and more than one in five (21%) organisations are actually increasing their paper consumption. So what is behind this disconnect between aims and reality and what can be done to address it?
PAPER, PAPER, EVERYWHERE In AIIM's 2014 research 'Paper Wars', more than half of respondents admitted printing personal paper copies to take to a meeting, or to add a signature. They also use printed copies for reading offline or out-of-the-office (50%), and particularly to review and mark-up drafts (45%). Respondents also said a lack of management initiatives (47%) and the (perceived) need for physical signatures, especially in legal documents, (44%) were the two main reasons why there was still so much paper in their business processes. Despite the alternatives - stylus input, automated verification, digitally encrypted signatures and web signatures - people still seem to crave the comfort of a physical 'wet ink' signature. Perhaps unsurprisingly legal and finance departments were considered to be the most resistant to the introduction of paper-free working, followed by HR and general administration.
MOVING FORWARD A good start would be to convert documents and other papers into digital form, preferably on entry into the office. The concept of scanning all inbound mail at point-of-entry and routing it around the business electronically is very attractive, especially if it can significantly reduce or even eliminate internal mail distribution. Our survey asked those who consider they have a digital mailroom scenario, what proportion of mail they scan (not including brochures, junk mail, etc.). 45% are scanning half or more of incoming mail, and 34% are scanning three-quarters. A significant 23% are scanning 90% or even 100%. The concept of a digital mailroom does not rely on the use of large central mailroom scanners. Mail capture can be distributed across branch offices, and can be readily outsourced. Although the investment in scanners and capture servers for scan-on-entry systems can be considerable, most respondents saw a strong ROI, with 38% reporting payback in 12 months or less, and 60% within 18 months.
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