Why it’s time to stop printing and wasting money on paper


I first encountered the term “paperless office” in the 1980s. Nearly 40 years later, it still seems a distant goal. Stationery is about a $150 billion market, depending on whose figures you believe, and it’s expected to grow slowly for the foreseeable future.

This isn’t going to be a screed about the environmental impact of paper usage; you already know all that.

The business costs make our continued reliance on printed documents so confounding, particularly now that technology has reached the point where we can make a dent in the paper storm if not eliminate it.

A recent McKinsey report says intelligent document processing (IDP) technology is advancing so quickly that 70% of the firm’s recent Global Executives Survey respondents said their organizations are at least piloting business process automation projects. Intelligent document management tools typically lead the way.

There’s still a long way to go, however.

“Every year, close to three trillion pages are printed,” says Rohit Sood, head of McKinsey’s North American Digital Operations Practice. “A lot of my clients are massive intake centers.”

Copyright © 2022 IDG Communications, Inc.


Source : https://www.computerworld.com/article/3669314/why-its-time-to-stop-printing-and-wasting-money-on-paper.html#tk.rss_all

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