Document Management For Facility Managers- Part 7

Calculating the Return On Investment

How much is paper really costing your department?

Calculate Document Handling Costs:

Storage Costs

Copying Costs

Labor Costs

Document Distribution Expenses

Storing your irreplaceable documents in a paper format cost money. Ask yourself the following questions:

Storage Costs
How much space are your documents taking up?
Could you use that space for more useful purposes?
Are you paying for expensive flat files or storage cabinets?
Are you paying for off-site storage?

Copying Costs
How much are you paying to copy and print your documents?

Labor Costs
How much time does it take you and your staff to find a document in your plan room?
How many hours are wasted looking for information?
How much time is spent travelling to the plan room from the work site?

Document Distribution Expenses
How much do you pay for overnight shipping and mailing of documents?
How long does it take to share information?