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.
Of all documents that get handled, each and every day in the average office, 90% are merely shuffled.
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
