September 21, 2020
Benefits of an ECM System
Estimated Savings with an Electronic Management (ECM) System:
| Reduction in Time Spent Locating and Retrieving Documents | 75% |
| Reduction in Time Spent Filing | 75% |
| Reduction in Copying | 50% |
| Reduction in On-Site Storage Costs | 75% |
| Reduction in Off-Site Storage Costs | 75% |
| Reduction in Shipping Expenses | 50% |
| Reduction in Filing Supply Expenses | 50% |
Additional Benefits of an ECM System
- Meet regulatory compliance needs
- Improved communication and collaboration
- Use existing information instead of recreating it
- Shorter product cycle time
- More secure and accessible archive of business assets
- Improvements in customer service
- More efficient document processes = improved competitive positioning
- Better document availability = lower risk factors and errors
- Happier Employees