1. Companies spend $20 in labor to file a document, $120 in labor to find a misfiled document, and $220 in labor to reproduce a lost document.
2. 7.5% of all documents get lost; 3% of the remainder get misfiled.
3. Professionals spend 5 – 15% of their time reading information, but up to 50 percent looking for it.
4. The average document is photocopied 19 times.
5. There are over 4 trillion paper documents in the U.S. alone and they are growing at a rate of 22% per year (PricewaterhouseCoopers).