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Did you Know ...

  • 90% of all corporate memory exists on paper.
  • Of all documents that get handled, each and every day in the average office, 90% are merely shuffled.
  • The average document gets copied 19 times.
  • Companies spend $20 in labor to file a document, $120 in labor to find a misfiled document, and $220 to reproduce a lost document.
  • 7.5% of all documents get lost, 3% of the remainder get misfiled.
  • Professionals spend 5-15% of their time reading information, but up to 50% looking for it.
  • There are over 4 trillion paper documents in the U.S. alone growing at a rate of 22% per year.
Source: Coopers & Lybrand