Spring cleaning for your business processes...

With tomorrow officially being the first day of spring, what better topic is there to discuss than spring cleaning? When you think of spring cleaning, you probably imagine cleaning out your closets, donating clothes that no longer fit to charity, recycling unwanted items from your basement or garage, and maybe even getting the garden ready to be planted. But, have you ever thought about ways document management and workflow systems can help your business reduce clutter and become more efficient?

• Organize and index files in a centralized, electronic repository for easy and secure retrieval
• Decrease chances of documents being misfiled or lost
• Automate a schedule to archive and/or purge documents at specific points in the information lifecycle
• Enhance access to information stored in legacy systems
• Integrate standalone software systems to improve efficiency
• Reduce bad debt by streamlining your payment processing

As detailed in the article, Battle Bad Debt With Document Management, Laboratory Corporation of America (LabCorp) was able to eliminate $6.1 million in bad debt within three years by integrating their Microsoft Office processes with document management and workflow software. In addition, by cutting out the need to print mainframe reports – amounting to almost eight boxes of paper each day – LabCorp has saved upwards of $400,000 in printing expenditures. And, forty-three employees were relocated from tedious data entry and filing tasks to useful analytical and service-oriented positions.

Talk about some effective spring cleaning!

In addition, LabCorp is a finalist for the 2009 Carl E. Nelson Best Practices Award, which will be presented at the AIIM Conference.

The bottom line:

Taking a close look at your business processes and the way you handle your documents can save you and your company time and money through increased efficiency.

Talk to us:

Contact us today to start “spring cleaning” your business processes.

For more information or to schedule a demonstration, please Contact DocFinity now.