CUTTING COSTS COULD COST YOU BIG!
Today’s businesses focus on two primary things –generating revenue and reducing overall costs. That second one can often create a unique situation where in a business thinks that they’re reducing their costs, but in the end actually end up bringing higher expenses to their bottom line.
It sounds confusing, but it comes down to one basic thing–trying to handle the wrong projects on their own. There are plenty of areas of business operations that you can take charge of and handle yourself to one degree or another. But going paperless isn’t one of them.
Paperless systems cut down on mistakes and on overhead costs in a big way, and digitally scanning all of your files is well worth doing. With labor costs rising thanks to recent changes in minimum wage laws, it’s even more important to reduce costs. But when you try to handle your document scanning on your own to save money, you can often create new mistakes.