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EMC Corporation unveiled the results of a document capture survey conducted
by AIIM. Sponsored by EMC, the research study finds that document scanning and
capture is a risk-free investment compared to other types of IT projects and
payback time of the initial investment frequently occurs in less than one year.
The survey polled 677 information and records management professionals, IT
staff and line of business executives. A significant number of respondents (41
percent) cited 'improved access to information' as the most important driver for
scanning and capture investments.
This demonstrates that companies are achieving soft-dollar benefits in
addition to hard-dollar RoI. Other business drivers include compliance,
productivity and improved customer service.
The survey also found that while most organizations have already invested in
capture technologies, two-thirds were only scanning 50 percent of possible
documents. Respondents attributed the underutilization to the lack of capture
facilities close to the business process as well as the existence of few
enterprise applications that are capture-enabled.
| Some key findings |
- 42% organizations increased productivity by 50% from their scanning
and capture investment
- 43% achieved payback within 12 months and two-thirds within 18 months
- Nearly half have achieved savings of 40% or more in paper storage
costs
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“Document capture can no longer be thought of as a technology running in a
silo but rather as an integral part of a business process,” said Whitney
Tidmarsh, CMO-Content Management and Archiving Division, EMC. “In addition to
being tightly integrated with the documenting platform, the latest versions of
EMC Captiva Input Accel and EMC Captiva Dispatcher provide a new
service-oriented architecture that supports integration with other business
applications to increase the adoption of capture throughout the enterprise. As a
result, organizations experience higher return on their investments by reducing
costs and risks, accelerating business processes and lowering total cost of
ownership,” she added.
DQC News Bureau Page(s) 1
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