GR.SARANTIS GROUP moves closer to a paperless environment

Gr.Sarantis needed a Cheque Scanning & Recognition solution to reduce manual data-entry, as well as an Enterprise Report Management (ERM) solution to archive SAP-generated documents like Invoices & Delivery Notes.

The Cheque processing solution and Enterprise Content Management (ECM) that was implemented, helped users eliminate data-entry related to customer cheques and also provided easy access to Cheque images via the ECM software.

The Enterprise Report Management (ERM) solution implemented for the SAP-generated documents, requires no interference with SAP and reduces storage requirements significantly (90%+). SAP is now handling much less document viewing requests, since users have easy access to the SAP documents stored within the ECM repository.

Gathering and transferring paper documents consumes 90% of typical office tasks.
The average document gets copied 19 times.
Professionals spend 50 percent of their time searching for information, and take 18 minutes to locate each document on average.
Estimates indicate that most offices waste 65 cents of every dollar spent, in handling records.
Following a disaster, 4 out of 10 businesses never reopen. Of those that do, 25% close within 2 years.
7.5% of all documents get lost, 3% of the remainder get misfiled.
Companies that need to redo documents pay 11 times more than the cost of the original document...
Employees spend more than 50% of their time searching for information.
Corporate data doubles every 12 to 18 months, 85% of which are documents.
The average company spends 5% to 15% of its revenue on its document lifecycle costs.
Executives spend 5-15% of their time reading information but 50% looking for it.
7.5% of all documents get lost, 3% of the remainder get misfiled.
Companies spend 5% of their total filing costs on equipment, 20% on space and 70% on salaries.