Research shows us that on average a manually, paper-based document costs approximately $5.00 per document to produce. That figure includes the complete life cycle of a document:
Production – the cost of paper, toner and inc
Handling – sending, copying, filing, transporting
Storage – scanning and archiving
Disposal – shredding and burning
But that is only part of the picture. Sometimes indirect costs can be even greater:
Time consuming and drain of resources
Potential for human error
Risk of fraudulent activity
No way to track conformation to regulatory compliance
In real terms, that means an organization with 200 employees, who signs an average of 500 documents annually will produce 100,000 documents. At an average cost of $5.00 per document, that’s $500,000 annually. The math is clear; going digital can save you hundreds of thousands of dollars annually.
Here are some case studies so you can see exactly how digital signature can help your business: