• There are 4 trillion paper documents in the USA, growing at 22% each year.
• 90% of all corporate memory exists on paper.
• The average cost to find a lost document is $122.
• It costs $220 in labor to reproduce that same document.
• In the nation’s 17,500 courts, on average, over 85 million cases are filed each year - generating more than 1.5 billion documents.
• It is estimated that over $11 billion is spent on distributing paper documents from one legal firm to another and to clients.
• Over $2.5 billion is spent annually warehousing legal hardcopy documents.
• Up to 10% of staff costs are lost because employees can't find the right information to do their jobs.
• Employees performing ineffective searches and wasting time looking for information can cost companies up to 10% in salary expenses.
• Over 50% of staff costs are now allocated to employees performing so-called information work.
• The typical information worker now spends up to one-quarter of his or her day searching for the right information to complete a given task.
• 90% of business information still exists on paper.
• 20% to 40% of workers time is wasted searching for documents.
• Of all documents that get handled each day, 90% are shuffled.
• The average document gets copied 19 times.
• The US is approaching 4 trillion documents being stored by businesses and government agencies and growing at a rate of 22% per year.
• Professional spend 5-15% reading information, but up to 50% looking for it.
• Every 12 filing cabinets require an additional employee to maintain them.
• 7.5% of all documents get lost and 3.0% get misfiled .
• 18 minutes is the average search time for a document.
• More than 70% of today’s businesses would fail within 3 weeks if they suffered a catastrophic loss of paper-based records due to fire or floods.
• Each four-drawer file cabinet takes up to 9 sq. ft. of floor space at a cost of $1,500 per year.
• It costs $39,000 per year to file and retrieve 100 paper documents per day.

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