Reasons to consider Document Management Workflow. Employer can save money, -up to $11,000 per year per employee - based on decreased office space, increased productivity, reduced absenteeism and limited turnover. The average cost to find a misfiled document is $120 and $220 to reproduce lost documents. Eliminate excess printed pages, save real estate space, decrease labor hours spent filing physical documents. Control access to files. Limit how documents are accessed, printed and shared. Protect against cyber threats by password restrictions, encryption and remove document storage from local servers. Twenty-three percent of employees would take a pay cut to permanently work from home post COVID. Document Management Workflow would allow them to do so with easy document sharing tools. Commutes would be decreased by nine billion hours over six months, and improve employee work and home life balance, improving satisfaction. Employees would save time, upwards of 30% -50%, by not looking for lost or missing documents. That can be reduced to seconds. DMW is the best opportunity for quick results in process improvement.
