Document Management Cost Savings, Efficiency, Compliance
Case in Point
One of the nation's best and busiest hospitals, Parkland was looking to improve processes, drive out costs and simplify version control of its 6,000 forms. Standard Register stepped up to the challenge, consolidating and standardizing forms, introducing technology and implementing a broad array of initiatives that delivered $1.2 million savings in the first two years. Read the full story.
INTERESTED IN GOING GREEN?
Read this article for insights on bringing down the high cost of desktop printing and lightening the environmental burden.
Today, approximately 80% of all the documents are paper-based. Yet, they can be a highly inefficient, costly medium. According to Gartner Group, documents claim up to 60% of worker time and account for up to 45% of labor costs. Moreover, document mismanagement claims 12-15% of corporate revenue.
Most healthcare organizations do not have a clear or comprehensive view of their total document-related expenses. Responsibility for document creation, production and management is fragmented. Printing is sourced by multiple departments, each with their own management and reporting structure. There is little opportunity to share best practices or leverage volume. As a result, efforts are duplicated, documents proliferate and obsolete documents take a bite out of budgets and operational efficiency. It’s no wonder organizations today spend up to 10% of their revenue on document-related expenses!
Get a True View of Document Spending
Standard Register gives you the means to gain a holistic view of your enterprise, uncover the hidden costs of document management and take control of spending. Leveraging Lean Six methodologies, our document management professionals will look at processes across your enterprise to identify costs, risks and obstacles to efficiency. We examine those areas where documents and print most commonly occur – at the desktop, your in-house print shop and outside commercial printers.
Develop an Enterprise Strategy to Reduce Costs
We identify opportunities to standardize, consolidate, streamline and eliminate obsolescence or duplication. With a full audit of your documents and processes, we can help you develop an enterprise-wide strategy to establish version control, reduce costs and introduce greater efficiency to your print supply chain.
Leverage Technology to Track and Control Spending
At the same time, we can provide you with the desktop technology to effectively track and control spending. Our Web-based SMARTworks® platform provides a powerful suite of applications that will give your health system the means to more efficiently source, manage and control documents — both printed and electronic documents, whether internally or externally sourced.