Document workflows & processes

To realise the true benefits of a document strategy you need to look beyond the devices and document output your organisation produces, to the workflows and paper processes you rely upon.

Print versus process: Understanding the true costs

Independent research estimates the cost of print to be typically between 1% and 3% of annual revenues. Take a strategic approach to print and the opportunity to potentially reduce this cost burden by up to one third should be a priority for any business.

However the cost of managing documents throughout their entire lifecycle is significantly greater at 5% to 15% of annual revenues. The reason? Output is just one part of a larger process for every document. Documents need to be created, edited, stored, retrieved, shared, distributed and so on, often with multiple staff involved. These paper paths are how many organisations run key processes, and an over-reliance on paper can lead inefficient workflows of excessive cost which are prone to errors.

The challenge is to understand your workflows and identify enhancements which will deliver tangible financial and productivity benefits.

Real business benefits and competitive advantage

Balreed can help you assess your critical documents and processes. We can help you re-engineer these paper workflows, using workflow software and tools to optimise key activities within the process or across it as a whole.

From simple enhancements like automated document scanning and data capture, to enterprise-wide automated workflows to manage processes such as invoice approval, payment and archiving, we can help you. And as well as delivering major tangible benefits in the form of cost savings, greater efficiency and productivity, your enhanced processes will also help you meet the challenges of legislative compliance and reduced environmental impact.

nQueue Billback delivers an enhanced fundamental soft recovery with the CAPTURE of hard costs and the PROCESS to provide information firms can analyze and ACT upon to improve process, procedure and profitability.