Interesting fact about YOUR Documents

400 - number of hours per year the average employee spends searching for paper documents

70% - estimated percentage of today's businesses that would fail within three weeks if they suffered a catastrophic loss of paper-based records due to fire or flood.

150 - hours average executive wastes each year looking for lost or misplaced documents.

An average organization -

• Makes 19 copies of each document;
• Spends $20 in labour to file each document;
• Spends $120 in labour searching for each misfiled document;
• Loses 1 out of every 20 documents;
• Spends 25 hours recreating each lost document;
• Spends about $25,000 to fill a four drawer filing cabinet and over $2,100 a year to maintain it.