Alchemy, by
OpenText, A Trusted Archive
Solution
- How to store all the paperwork needed to do business?
- How to reduce risk and address compliance?
- How to improve customer service and operational efficiency?
- How to face the reality of constrained IT resources?
- It can cost more than US $50 on average to process and manage a paper invoice.
- Every misfiled document is estimated to cost US $125.00 in lost productivity.
- On average, professionals spend 50% of their time looking for information.
Alchemy gives organizations the power to manage all of
their fixed content(including images, faxes, email, MS
Office docs, PDFs and computer reports) to drive revenue,
cut costs and meet compliance goals.
Alchemy provides an
integrated and scalable set of tools that are easy to deploy
and even easier to use and can grow with an organization's
needs. It has modules for capture, document management,
archiving, records management, integration, retrieval and
distribution and is a fraction of the cost to acquire and
deploy when compared to enterprise content management
suites.
Top Five Reasons to Go Paperless with
Alchemy® Document
Management In a typical office, the majority of documents still exist in
paper form. Examples include contracts, invoices, statements, reports
and technical documentation. There are five major challenges facing the
organization that are related to managing this content:
- Lost or misplaced information Knowledge workers spend three-and-a-half hours weekly searching
for information that is never found and three hours a week recreating that lost content. Information overload Knowledge workers spend more than 27 hours a week searching, gathering and analyzing
information.
- Paper documents are left out because they are not well organized.
- Inefficient business processes Just one example: It costs more than $50 on average to process and manage a paper invoice.
- Compliance issues Organizations are under more pressure than ever before to manage documents for compliance and risk-reduction purposes.
- Lack of integration with other applications CRM, ERP, HR, Enterprise Content Management (ECM), claims processing, health information systems, etc.—All of these applications need fast and accurate access to archived
content contained in paper documents, but it is inaccessible.