Did You Know...

In its commitment to bring customers the utmost value, AMI has assembled the following information resources for your easy reference to learn more about Document Management, Digital Preservation, and other related topics.

• 33% of an employee's working hours are spent storing, retrieving and researching documents
• 25% of a company's labor costs are associated with storing and retrieving documents
• 15% of a company's revenues are spent on documents
• Professionals spend over 150 hours a year looking for incorrectly filed documents
• It costs over $150 to locate a mis-filed document
• It costs over $750 to reconstruct a lost file
• It costs over $11 per year to maintain one inch of paper files

Sad Stats

• 90% of business information still exists on paper
• 20% to 40% of workers time is wasted searching for documents
• Of all documents that get handled each day, 90% are shuffled
• The average document gets copied 19 times
• The US is approaching 4 trillion documents being stored by businesses and government agencies and growing at a rate of 22% per year
• Professional spend 5-15% reading information, but up to 50% looking for it
• Every 12 filing cabinets require an additional employee to maintain
• 7.5% of all documents get lost and 3.0% get misfiled
• 18 minutes is the average search time for a document
• More than 70% of today’s businesses would fail within 3 weeks if they suffered a catastrophic loss of paper-based records due to fire or floods
• Each four-drawer file cabinet takes up to 9 ft2 of floor space and costs $1,500 / year
• Each 100 documents/day = $39,000/year to file/retrieve

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