Among many businesses it is typical for print costs to consume almost 3% of total revenue in a given year. For many organizations, printing costs are nearly equivalent to the amount spent on research and development each year!
Businesses need to begin looking at the high costs of uncontrolled print services. They need to address how to cut costs while continuing to grow, manage and create opportunity. Within many businesses, hardcopy costs remain uncontrolled and unchecked, regardless of industry.
Companies have discovered that better management of printing activities can significantly lower company costs and have a positive impact upon the environment. Managed Print Services (MPS) often include electronic document management and workflow solutions. With the increase of employee productivity and decrease of environmental impact, these solutions create opportunities for companies to eliminate up to 30 percent of their total print costs per year.