IT Professionals Say Document Management Is An Untapped Opportunity For Savings, Security, Productivity

IT Professionals Say Document Management Is An Untapped Opportunity For Savings, Security, Productivity

Four out of five information technology professionals say document management is part of an effective IT strategy, but many haven’t found the right mix of technology and services to capitalize on potential savings or boost worker productivity, according to a recent survey by Xerox Corporation (NYSE: XRX) and International Communications Research.

In fact, nearly 75 percent of respondents indicate their organizations are still shuffling stacks of paper, and they don’t take advantage of digital storage to help manage the information locked inside paper documents. Top challenges include cutting costs and maintaining information security.

With most IT departments spending as much as 40 percent of their time and budget administering document technology, 83 percent see it as an area ripe for improvement. One-third of those surveyed feel their organizations don’t have a handle on the hard and soft costs associated with document technology and services and lack the tools to maximize spending while meeting the needs of end-users.

“Content and document management is now in the headlights of information technology professionals as IT departments are asked to find new ways to tap valuable information, cut costs and contribute to the overall growth of their organizations,” said Rick Peebles, vice president and chief technology officer, Xerox Office Group. “The right mix of document technology, software and services improves efficiency and helps businesses reap the benefits of their IT investments and staff.”

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