Savings a Bigger Factor

Continuing on with the theme of my post earlier this week, BCS.org has a follow up article on a recent AIIM study's findings about document management practices. The study, which is conducted every year, found that for the first time ever the primary reason businesses opt to enact an electronic document management program shifted from compliance concerns to more economic reasoning. Essentially, businesses have finally caught wind of the fact that EDM and the over-arching document management field is an immediate investment that will save them money in the long term.

From BCS:

Doug Miles, the managing director of AIIM UK, explained: 'I think any investment in ECM will improve compliance by definition of getting better control over the documents. 'It's just that what will get the pens to write the signatures on the purchase orders at board level in the current climate has become much more about if you can save money on the compliance risked.'