Are you worried about stagnant sales, shrinking cash flow, and overall growth? If so, it’s time to do something to decrease your overhead costs to have more capital you can invest back into your company. One place to start this search for savings is your printer. By reducing your document and printing costs, you could save hundreds or even thousands of dollars every month, which is money you can use to grow your business.
Let’s look at a few more figures to reveal the true costs associated with printing:
- Estimates from PricewaterhouseCoopers show the average employee makes 10,000 copies or prints every year, which costs your company up to $1,200 in yearly printing, and wastes 17% of all printed documents.
- Xplor found that paper usage is growing at a rate of 6-8% each year, and is predicted to grow over the next 20 years.
- Gartner Inc., believes output fleets are one of the most overlooked and undermanaged assets and cost companies up to 3% of total revenue every year. That means a company with an annual revenue of $5 million will spend around $150,000 on printing in a given year.
As you can see, without controls and measures over your printing environment, waste and hidden costs can be enormous.
But, with Managed Print Services (MPS), your company will achieve immediate and long-term cost savings. Fundamentally, MPS will help your business streamline the management of your print environment, increase business results, and reduce your total printing costs – saving you both time and money. Businesses who implement MPS see savings of up to 30% on their total printing costs.
Hopefully by now, you’re ready to reduce your company’s printing costs so that your resource can go toward more important things – like growing your business. Contact us today to get started.