| Document Management, Storage and Retrieval |
It is estimated that 80% of all business information is stored solely on paper. Paper documents are still filed away in traditional filing cabinets. Retrieving these documents can be an aggravating experience. Often documents are lost or misplaced. There is rarely a backup of this data. A disaster could easily destroy 80% of a business’s proprietary data.
This is what document management is designed to improve. Document management is the process of digitizing your paper documents into a searchable online library of information. The document management process integrates a number of technologies to create, store, automate and manage your digital documents library. Computers are used to store and retrieve the documents and scanners are used to digitize your paper into electronic format. Computer networks allow access to your digital documents from remote locations, whether these locations are across the office, or across the world.
Once your data has been digitized, you can easily create backup copies to store off-site. This ensures that your business will survive any disaster. |
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The document management process also offers massive productivity improvements for your staff. Rather than digging through filing cabinets to find elusive information, simply search for the information from your computer. Once you have found the documents, you can print a copy or just read it on screen. Documents don’t become lost since there is no need to re-file. Also, since the documents are now electronic, they can be viewed by many people at once. No more hunting for files in the office.
Staff that work from remote locations can gain instant access to the documentation that they require. No need to call and ask for documents to be faxed, just bring up the documents securely over the Internet, or your corporate virtual private network (VPN).
Document management can be used effectively by virtually any organization to improve staff efficiency, ensure business continuity in the event of a disaster, and to empower remote staff members. Contact your Bennett Document Imaging Sales Specialist for more information!
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Leasing
There are many reasons why a business should consider leasing their IT infrastructure:
- Refresh equipment every two to three years, ensuring your company's commitment to technology, efficiency, and progress.
- Smaller monthly payments are easier to budget than paying for a project in one large payment.
- No up front costs.
- Upgrade at any time.
- Keep bank line open.
Leasing provides the opportunity to refresh equipment every two to three years, ensuring your company's commitment to technology, efficiency, and progress.
- Provides long term fixed rate and fixed payment financing.
- Payment flexibility allows for monthly, quarterly, or semi-annual payment options.
- Convenient, low cost method of equipment financing.
- Able to obtain equipment not available through restrictive loan covenants.
- TURNKEY Leases facilitate piecemeal financing of long-term projects requiring multiple minor equipment acquisitions.
- Can provide the equivalent of 100% equipment financing without compensating bank balances or down payments.
- Borrowing capacity can increase if equipment debt is not shown on your balance sheet.
- Enhanced ROA or ROI ratios by eliminating balance sheets assets and their corresponding debt.
- Structural flexibility of a lease serves as means to compress or extend equipment expenses for tax of financial reporting advantage.
- Pinpoints equipment costs to specific projects or profit centers.
- Eliminates complex and time consuming depreciation cost accounting expenses.
- Conserves working capital and corporate liquidity.
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