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Import Paper-Based Information in Your Workflows

iStock_000004697575Medium There has been a movement to incorporate new document capture technologies into businesses worldwide.  Why would you spend hours patiently keying in information from delivery tickets, sales orders and remittance stubs when you could automatically extract information from scanned documents?

How Data Capture Works 
Documents are scanned using a scanner or multifunction system and then utilizes the following technologies to read data from the document:

    Zone OCR: Optical Character Recognition (OCR) converts scanned text into text that can be edited in common word applications and imported into a database.  Zone OCR reads text from a specific area of a document. 

    Barcode Recognition:  Information can be read from barcodes on documents.  For example, the invoice number on your proof of delivery slips can be embedded in a barcode. When these slips are scanned, the capture software reads the barcode. continue reading...

Practical Steps to Enhance Information Security

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When one thinks about threats to organizational security, the words hackers and computer viruses come to mind. In this world of network attacks, printers, copiers and fax machines are easy to overlook. These systems can store trade secrets, financial and medical information, and valuable information like customer lists or pricing schedules. Loss of this information could be devastating.

The good news is that there are practical steps you can take to improve the security of your printers and copiers.

1. Track Printing Access

Output tracking technologies can keep a record of which documents are printed. You can access the printing logs to see what documents an employee has printed. Your staff will know that the company is monitoring information security thus creating an environment where employees are hesitant to steal information through the printer.

2. Encrypt Hard Drives on Multifunction Systems

When you scan a document on a multifunction system the scanned image is stored on the device’s hard drive before it is sent off to an email address or network folder location. New security technologies can encrypt documents on the multifunction system’s hard drive and make sure files are erased after they have been transmitted. continue reading...

Streamline Your Business Processes to Improve Productivity and Profit

iStock_000003593355Small Are you looking for ways to improve and streamline your business processes? A great place to start is to evaluate your current business practices.

A business process is a structured series of steps that produces a repeated outcome. Accounts receivable—what happens from the time you generate an invoice until you get paid—is the most common business process. These paper and digital documents are the vehicles by which information flows through your business regardless of what industry you are in.

Technology will improve your business and streamline the flow of information to: continue reading...

  • Increase Profits
  • Enhance Competitive Advantage
  • Improve Customer Service
  • Ensure Regulatory Compliance

Why Document Management Growth is Exploding

For over thirty years we’ve been moving towards the lofty goal of the paperless office. But as the volume of computer data grows, so too does our paper usage. iStock_000004077201Medium

Fortunately there seems to be a valid movement toward cutting back on our paper usage with Electronic Document Management Systems (EDMS). This system allows you to scan all your paper documents to create a searchable and secure filing system.

There are several trends are driving the rapid adoption of this technology:

· Low Costs of Electronic Storage. It is now possible to store 10 filing cabinets full of paper in one gigabyte of electronic storage.

· Familiarity with Computer Applications. Today, everyone is trained to be familiar with common computer applications. This means adoption time and training for new applications is minimal.

· High Speed Scanners and Multifunction Copiers. Documents can be scanned quickly and conveniently with sheet-fed scanners, available on most new digital office copiers. continue reading...

Documents Manage 6% of Your Budget

Document costs increase every year thanks to the growing volume of information. These costs include everything from printing and copying to the infrastructure needed to store and retrieve critical information.

Recent research by InfoTrends found that overall expenditures on documents were 6% of annual revenues.

Fortunately there are several practical strategies for medium and small businesses you can employ to reduce your document costs:

paper and laptop nogb Multifunction Systems

New workgroup multifunction systems can provide full color printing, copying, faxing, and scanning services in one device.

Multifunction systems are less expensive to operate than laser printers especially when it comes to color output. These systems operate on low cost-per-page agreements that include supplies, preventative maintenance, and on-site service. The net result is lower output costs.

Printer Management

In many offices, 80% of document output is attributed to printing. A recent study by Hewlett-Packard showed that a properly-managed printing environment can cut printing costs by 8-42. The first step is to understand your actual printing expense. continue reading...

Want Production? Think Multifunction.

What is a Multifunction System?iStock_000003106694Small

According to the Multifunction Products Association, a multifunction system (MFP) is defined as “office equipment for paper management connected to a PC or network that handles two or more of the following functions: printing, scanning, copying or faxing.”

Everything You Need In One Device

The newest generation of MFPs provides important office functionality in one reliable device with the capabilities of printing, copying and scanning in full color.

Printing

An MFP works like any other laser printer, but also adds the type of finishing functionality you expect from a copier including stapling and two-sided printing.

Scanning

Revolutionize your office and scan documents into common digital formats like PDF, .jpeg or .tiff formats. These files can be sent to email addresses or to any folder on the network. continue reading...

Use Color Multifunction Systems to Print Digital Photos

Supplies

Digital cameras have become a necessity for businesses. They’re inexpensive, easy to use and create a message that cannot be expressed with words. Of course getting the pictures onto a marketing statement or proposal is another step that needs to be addressed. Businesses are now using color multifunction systems to print color digital photos at blazing speeds at a fraction of the cost of slow photo printers.

Personal Photo Printers vs. Color Multifunction Systems (MFPs)

· Personal photo printers are slower than MFPs taking multiple minutes to print a photo compared to an MFP’s speeds of up to 45 photos per minute.

· Most personal printers do not allow you to print on letter-sized paper, limiting you to a 4 X 6 size. MFPs conveniently let you print high-resolution photos on normal 8.5 X 11 size paper.

· Photo printer paper is expensive and cost per photo can be from 25 to 80 cents per page. MFPs can reduce that cost. continue reading...

Save Money: Customize and Print Marketing Materials Yourself

brochures thumnail Lower your business’ costs and begin printing your marketing materials in house.

Customize your marketing materials and take advantage of on-demand printing. This will eliminate the need for expensive bulk orders of generic brochures and the unnecessary waste of replacing obsolete brochures.

Consider creating a Marketing library that will enable your sales and marketing employees to access marketing documents from a network folder. They will be able to open, revise and print the materials according the specific client you are working with.

Review these suggestions and make your in-house marketing materials more effective.

· Be sure to use a cost-effective color printer or multifunctional copier. Some systems can allow 20-page documents to be printed in less than one minute. continue reading...

Is your organization wasting 10% of it salary bill searching for information?

A new report by Datamonitor argues that many organizations waste 10% of their staff costs because employees can not find the right information to do their jobs. Over 50% of staff costs are now for employees performing “information work”. But the employees are suffering from both information overload and information underload, and as a result they spend up to 25% of their day searching for the right information. Datamonitor argues that this why some organizations could be frittering away as much as 10% of their staff costs on wasted effort. continue reading...

The Trouble with Ink Jets

Minolta DSC My last couple blogs have been about the unseen costs of printing and the benefits of color. So how can you responsibly incorporate color printing into your business plan without running up costs?

1. Reduce Use of Ink Jet Printers

Inexpensive to purchase, inkjet printers are actually the most expensive color output devices to operate. This goes hand-in-hand with office supply stores advertisements focusing on their high profit ink jet cartridges. While convenient for small home office print jobs, ink jet printers become inefficient, slow and costly when running lengthy full color documents.

2. Cut back on Unnecessary Background Color

Documents with solid color backgrounds use significantly more toner and increase the cost of printing. Instead, use bright colors on a white background. Your handouts will be easier to read and look more professional. continue reading...