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Corporations are investing in more sustainable products, energy efficiency, and recycling. In fact, by 2009, 80% of corporate America is expected to be engaged in some type of green initiative.1 Yet as companies move toward long-term energy reductions, reducing corporate paper waste is something we all can do today. According to a study funded by Citigroup and Lexmark, wasted pages account for more than 25% of all printed materials and costs the Fortune 500 over $1B annually. Another study found that the average office worker currently uses up to 50 sheets of printer paper a day – equally 10,000 sheets of copy paper per year.2 In fact, every year enough paper is thrown away to make a 12 foot wall from New York to California.3 At Imagine Solutions, we believe we all have an obligation to do everything we can to make it easy for enterprises to cut paper and energy consumption. Our ECM solutions typically: - Significantly reduce the number of times a document is copied.
- Eliminate the need for shipping a physical document more than once.
- Automatically schedule for the compliant elimination of records, paper and electronic, effectively optimizing disk storage and electricity usage.
- Create easy to find folders and documents that can be accessed by multiple users, eliminates the extra resources required for those users to recreate content that is not really needed.
Interestingly, going green with ECM saves you money as an extra benefit. As a matter of fact in just one implementation of our mortgage solution we saved: - Paper: 4.8MM paper copies @ $396,000 cost savings and 1,152 trees saved
- Fuel: 72,000 shipments @ $1.4MM savings and 120,000 gallons of fuel saved
Pretty nice when going Green puts Green in your pocket.
Sources: - McGraw Hil in their “Greening of Corporate America” Report 2007
- Quocirca, 2008
- Florida Dept of Environment
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