Managing content will only become more difficult if companies don’t deploy a content management solution. According to statistics:
- On average, companies spend $20 in labour costs to file a document and as much as $120 in labour to find one that has been misfiled.
- Companies typically lose 1 out of every 20 documents and spend 25 hours reproducing it at an average cost of $220 per document.
- 80% of all enterprise content is unstructured and growing at roughly 200% a year.