Business Chief Europe Magazine May 2016 | Page 16

TECHNOLOGY
TODAY , MOST BUSINESSES continue to use a combination of paper-based and digital documents in their day-to-day operations . However , research by IDC shows that , despite the fact more and more businesses having increasingly data intensive processes , only a third of European companies are planning for a digital world . This leaves the remaining two thirds at risk of falling behind the competition and missing out on the potential to make important time and productivity savings as well as leaving them open to ever growing security concerns .
In facilitating the transition away from paper-based processes , smart multifunction printers ( MFPs ) will have an important role in helping firms towards collaborative , digitised processes that are key to more efficient working practices .
In a recent white paper , ‘ Are your business processes stifling your market opportunity ? Cost-efficient print and document management through smart MFPs ’, IDC points to the fact that many companies would like to digitise documents to reduce physical storage in premium office or offsite spaces .
Here , one of the key benefits of business process automation is in providing the ability to archive documents in one place . By providing access to scanning functionality , users can digitise information for searchable access and scan direct to a specific destination , eliminating the need for a paper trail .
Key features that a smart MFP brings to firms that are actively looking to increase document digitisation include the ability to scan direct to email , to a specified folder that may
16 May 2016