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Did you know that print costs typically consume 3% of total revenue for businesses today? For many organizations, this is nearly equivalent to the amount spent on research and development each year. According to the Photizo Group, a recognized thought leader in print services management, hardcopy costs are the last bastion of uncontrolled spending within organizations today?regardless of industry. But times are changing. Companies are discovering that better management of printing activities can significantly lower costs and have a positive environmental impact. Managed Print Services (MPS), when extended to include electronic document management and workflow solutions, offer an opportunity for companies to eliminate up to 30% of their total print costs, increase employee productivity by enabling faster, paperless processes, and significantly reduce the environmental impact of their business.
This paper provides an overview of the real costs of hardcopy printing today, exposing both hidden costs and lost opportunities to improve productivity and minimize environmental impacts. It then explores the many advantages of MPS and explains what a typical engagement involves. And finally, it provides helpful information on how to get started with MPS and what to look for in an MPS partner.
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