A picture paints a thousand words - this also holds true in the business world. For instance many of us convert spreadsheets with what appears to look like a meaningless stream of numbers, into charts and graphs. This not only helps uncover key trends but adds value to the information.
The above is just a simple example but with the implosion of information in today’s digital era, we need help in seeing the wood for the trees – a way to mine through what is a lot of unstructured information to unearth the true meaning or context in a clear, logical manner and understand its actual value.
Do you have a single repository where all matter related documents are stored or do these reside in multiple locations? If these are in various locations, how much time does your employee spend trawling through each repository to find what they are looking for?
An IDC report suggests that the average cost for an information worker to search for documents can amount up to £12000 per person per year*. This is substantial, especially when multiplied by the number of workers that exist in any given firm.
Lawyers and their teams are inundated with matter and research related documents which come in a wide range of formats (pdfs, videos, html…) and that can be found in various places such as a user’s email inbox, document management system (DMS), intranet or mobile devices. Good document organisation and efficient sharing has now become a key factor for productivity and growth.
