InfoTrends/CAP Ventures Benchmarks Document Costs for Major Organizations Worldwide
Press release from the issuing company
(Weymouth, MA) August 1, 2005…To remain competitive and improve profits, today's organizations are faced with the challenge of identifying and reducing costs, improving processes, and increasing efficiency. More and more organizations are being measured on how they compare to their key competitors and the industry's best practices.
A major area that is being targeted is the cost of documents across organizations. True document-related costs expand beyond the traditional narrow lens of asset related costs (hardware, service, supplies), taking into account the total burdened cost of the entire document lifecycle within the enterprise.
InfoTrends/CAP Ventures' Assessment and Benchmarking Services provide major organizations worldwide with detailed estimates of their enterprise-wide document costs and compare the results to major competitors or peers. InfoTrends/CAP Ventures' innovative Predictive Modeling Services allow this process to be completed in hours, rather than weeks or months. These services have been proven accurate over the past 10 years and encompass overall document costs in the office, internal production, and outside commercial printing.
Assessing and benchmarking true document costs can:
Improve financial results
Decrease costs by eliminating duplicate or inefficient document processes
Create competitive advantages
Increase optimization and develop best practices
Locate business process advantages
InfoTrends/CAP Ventures has been working with major organizations for years (either directly or brought in by vendors as an objective third party) to help them overcome their document challenges. InfoTrends/CAP Ventures recently announced the expansion of its document assessment capabilities through an exclusive partnership with ALL Associates Group. This partnership gives InfoTrends/CAP Ventures license to ALL Associates' Enterprise Document Assessment Methodology (EDAM).
“Understanding your organization's overall enterprise document costs is a challenge, but without this information you can't assess the magnitude of the savings opportunity and develop a future document strategy,” commented Charles A. Pesko, Managing Director at InfoTrends/CAP Ventures. “With the EDAM model we are delivering rapid, cost-effective, and objective document assessment reports that clearly show clients how they compare to others within their industry.”
“The EDAM process not only quantifies the base costs, which include equipment, consumables, and service; but also examines the less tangible costs, such as associated IS support and infrastructure, administration, procurement, document distribution, and management,” commented Jim Hurst, Chairman of ALL Associates Group.
To request more information on InfoTrends/CAP Ventures' enterprise document assessment and benchmarking capabilities, please contact Scott Phinney at (781) 616-2100 or via e-mail at email@example.com.
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