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The content revolution is here. Every day, document management becomes less of a luxury and more of a necessity. All systems promise to help you capture, store, retrieve and comply. But they’re only as good as your ability to get your employees up and running.
Laserfiche is bringing document management to small and medium size organizations across a variety of industries. Our solutions are effortless to install, putting you to work in hours – not months. Our tools are easy to use, enabling your employees to be more informed and more efficient. And our technology scales smoothly, adapting as you evolve. So from the moment you implement Laserfiche, your organization runs smarter.
Professional NeTworks Inc. is an authorized Laserfiche reseller, call today for details!
"I would definitely say that this has been the best enhancement to any Accounts Payable process that we’ve done...It’s a great product.”
Kevin Payne Acting Accounts Payable Manager
Chesterfield County, VA
Below is a Sample ROI:
CHUGACH ELECTRIC ASSN., INC. ANCHORAGE, ALASKA SUMMARY OF Laserfiche ROI
The CEA Laserfiche implementation has provided both significant, quantifiable cost benefits and separate, priceless capabilities for departments to use their document sets. Examples are given for the Legal, Accounting, and Customer Services departments LEGAL Cost savings are shown below between two recent trials.
| Litigation preparation without Laserfiche |
$81,600.00 |
| Utility Commission Rate Case preparation with Laserfiche |
$10,400.00 |
|
Difference |
$71,200.00 |
| Litigation trial without Laserfiche |
$31,200.00 |
| Utility Commission Rate Case hearing with Laserfiche |
$5,200.00 |
| Difference |
$26,000.00 |
|
TOTAL Difference |
$97,200.00 |
It should be noted that the litigation trial managed a substantially smaller set of documents than the Utility Commission Rate Case hearing – the production was roughly one third that of the rate case hearing. However, even with these significant savings, CEA's legal team describes the much greater role of Laserfiche in the trial gave the legal team the ability to find information immediately that in the past would never have even been attempted to be located due to the impossible nature of finding it manually in paper files .
For example, Laserfiche allowed attorneys to
1) Respond immediately to disprove accusations by their opponent that they were never given certain information, as CEA was able to immediately locate and produce the document with the bates stamp proving it was part of CEA's discovery;
2) Attorney arguments were frequently bolstered on spur of the moment issues by immediately locating quotes where a specific phrase was said, or instructions given, within discovery documents or depositions. Accounting Significant time and cost savings have resulted from the imaging of accounting invoices, including reduced paper handling, immediate retrieval, and rapid distribution. Invoices are scanned once and departmental managers use the company intranet to view invoices, without the need to contact the Accounting Department.
|
Filing savings/yr |
$9,100.00 |
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Lookups savings/yr |
$9,100.00 |
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Commercial savings/yr |
$36,400.00 |
Total Savings/YR |
$54,600.00 |
Member Services Customer Applications are scanned and available to all customer representatives via the company's intranet, providing substantial filing and lookup efficiencies.
|
Lookups/yr |
$9,100.00 |
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Filing savings/yr |
$9,100.00 |
Total Savings/YR |
$18,200.00 |
In addition to daily business requirements, all of the company's historic bad debt records have been imaged and Laserfiche is being used to locate current customer accounts receiving capital credits that have outstanding debt.
Cost Savings Summary
| Cost of LF Implementation & Support |
2002 |
$40,253.00 |
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2003 |
$89,031.00 |
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Total LF Cost (2 years) |
$129,284.00 |
| Total 1 yr Savings w/Laserfiche |
$170,000.00 |
| Total 2 year Savings w/Laserfiche |
$242,800.00 |
| (1 legal event & 2 yrs MS & Acct ) |
|
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Overall Laserfiche 1 YR Savings/ Benefit |
$40,716 |
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Overall Laserfiche 2 YR Savings/ Benefit |
$113,516.00 |
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