Outsourcing the scanning processes can save your company both time and money. The costs of scanners, software, storage, personnel and space add up very quickly. In addition, this hardware and software needs to be updated, maintained, and even replaced.
High quality scanners that are capable of production speeds can be very expensive to purchase and operate. Desktop scanners, although relatively inexpensive, don’t give you the quality and speed necessary for small production environments. Scanning hardware continues to be a major expense in the overall digitization processes. Outsourcing your digitization process eliminates your need for scanning hardware.
A Microsoft Windows Server with SEQUEL database and multiple hard drives for storage can be an expensive investment. Most servers have a general life span of 4 to 6 years, so the ongoing costs of servers, storage and backup can be a very large investment. But you’re not done there – you need a backup drive, uninterruptible power supplies, software licenses, backup software and many more items.
You want a company that has a long-standing reputation for quality and trustworthiness. A.M.I. has been scanning highly sensitive documents for over 3 decades for courts, hospitals and businesses. Don’t trust your documents to just anyone!
Organizations spend significant amounts of financial and human resources internally managing volumes of information and documents generated within their businesses. As a result, organizations must pull these valuable resources from the operations that support their core missions. Outsourcing your document and information management function to A.M.I. allows your organization to maximize internal operating efficiencies and focus resources towards what is most important — your organization’s goals.
River City Data is part of a large global industry focused on providing organizations with document and information management solutions. River City Data is a central Minnesota based company, headquartered in New London, MN. Our mission is to provide your organization with a quality, comprehensive document management system, and with secured storage outsourcing solutions. These solutions include: document scanning, image hosting/application services provider, secured vital document storage, document destruction and consulting services. As your organizations document and information management partner, River City Data offers your company a complete outsourcing solution from start to finish.
Does it make sense for your organization to consider an River City Data outsourcing solution? To answer this question, first you must determine if an imaging solution better positions your organization for success versus its current paper-based document management system. In addition to the real costs listed below, your organization should also consider cycle time and any time lost due to the use of a paper-based management system. Consider the following current and forecasted costs to determine your organizations return on investment:
After determining if an imaging solution better positions your organization for success, you will then need to evaluate an outsourcing solution from a valued partner versus the investment in an in-house management system. In addition to the real costs listed below, your organization should also determine if any elements of your paper-based system would still be required to support an in-house management system. Consider the following current and forecasted costs to determine your organizations return on investment:
If you determined that an imaging solution from an outsourcing partner better positions your organization for success, then A.M.I. can help you build a better bottom line. Through its comprehensive package of document and information management services, A.M.I. can provide a simple outsourcing solution that is just right for your organization.
Use this easy ROI calculator to help you determine your costs for storing paper documents. This simple spreadsheet can help you determine your labor hours, storage costs and other overhead variables.
Source: BCR – Bibliographical Center for Research http://www.bcr.org/cdp/best/digital-imaging-bp.pdf
Every organization should carefully consider the pros and cons of outsourcing digitization projects or conducting them in-house. For projects being considered for outsourced digitization, a visit to vendor facilities is recommended to ensure that the Workspaces provided meet the criteria above. Following are some points to consider for both strategies:
It is difficult to predict just how much a digital imaging project is actually going to cost, because little hard data on the cost, cost effectiveness and costs over time of digital projects is readily available. Generally, capture and conversion of data often comprises only one-third of the total costs, while cataloging, description and indexing comprise two thirds of the total costs. Upfront and ongoing costs can be significant, and economic advantage may be better realized through collaborative initiatives or cooperative/regional digitization initiatives, where costs, resources, goals and expertise can be shared.
Initial investment in equipment, staff training, capture and conversion, handling, storing and housing originals, producing derivative files, cataloging, building the image database system and developing web interfaces are all possible areas of cost for any digitization project.
However, the cost of a project does not end after conversion. Some ongoing costs that an institution must commit to, include the costs of maintaining data and systems over time, including media migration costs and infrastructure costs.