Document Management

TierFive provides comprehensive enterprise content \document management solutions and measures feasibility by actual return on investment for our client. As a metric consider that a typical clerical worker earning $14.00 an hour costs 23¢ per minute.  If the time to process a business document is reduced by even one minute per document, and a company handles 2,000 documents per day … one minute can save $460 per day or $115,460 per year.

• “A 5% reduction in operating costs has the same P&L impact as a 30% increase in sales.” (Gartner Group)
• “On average, it takes 18 minutes to search for a document.” Gartner
• “The average document photocopied 19 times.” -AIIM
• “Every 12 filing cabinets require an additional employee to maintain.” GIGA
• “Every misfiled document is estimated to cost $125.00 in lost productivity.” Dr. Nick Bontas, Fortune Magazine
• “90% of your company’s memory exists on paper.” AIIM