The business world is becoming ever-more competitive. And as a result, companies are under more pressure than ever before to compete and stay ahead of their rivals. Using data to inform decisions going forward is one of the best ways to help businesses improve and stay competitive. Pearl Scan, one of the UK’s premier providers of document scanning and data capture to a wide range of sectors, is reiterating the benefits of data scanning and the digitalisation of documents to ensure businesses get the most from their ‘big data’.
‘Big data’ is vital for businesses. A key component in business development, it enables them to continue moving forwards and increase their market share in whatever sector. However many businesses are simply not making the most of it due to it being filed away in filing cabinets, boxes and in drawers. In fact, there are vast amounts of data stored in paper files that businesses simply aren’t harnessing. Yet if these were digitalised, they would be able to use the information and use it to their advantage.
Naveed Ashraf, Managing Director at Pearl Scan Group said: “Digitalising documents is one of the efficient ways of analysing data to improve performance while also increasing security and ensuring files are not misplaced, lost or accidentally destroyed. Allowing businesses to store their entire catalogue of documents in one, easy to access place, digitalising documents is the only way for businesses to ensure their documents are protected.”
According to figures, it’s estimated that 3% of an organisation’s documents are misfiled, and the cost of finding a lost document will cost a company an average of £122. It’s also suggested that an estimated 7.5% of all company documents are lost completely. Not only does this cause confusion within the office, but it can also lead to poor customer service due to miscommunication internally.
Pearl Scan can help businesses make the transition to digital. Helping organisations in a whole host of sectors – and of all sizes – digitalising documents, such as invoices, orders and feedback forms, Pearl Scan has helped thousands of companies make the switch to digital since their inception in 2003.
For those who have large amounts of paperwork filed away, bulk scanning is a serious option for businesses. Allowing them to get all their paperwork scanned in a relatively short space of time, bulk scanning allows companies to make the switch almost overnight.