Research conducted by PricewaterhouseCoopers reveals:

• There are over 4 trillion paper documents in the U.S. alone, growing at a rate of 22% per year
• Of all the pages that get handled each day in the average office, 90% are merely shuffled
• The average document gets copied 19 times
• 7.5 per cent of all documents get lost, 3 per cent of the remainder get misfiled
• Companies spend $20 in labour to file a document, $120 in labour to find a misfiled document, and $220 in labour to reproduce a lost document.

• Manual or paper-bound processes that are difficult to navigate and to audit
• Laborious data entry routines
• Functionally disparate filing systems
• Time-intensive searching of disconnected paper-based and electronic systems and time-consuming retrieval of structured and unstructured information
• Duplication of effort through inability to share and collaborate on documents and communication records
• High costs associated with hording mountains of paper to ensure that content retention, auditing and other compliance regulations are met

With the advent of Microsoft Office SharePoint Server (MOSS) 2007 and the ability of Myriad Technologies, there is now a recipe for businesses to dramatically transform and improve their business processes and significantly enhance business performance. Increasing numbers of forward-looking companies are ready and committed to embracing this combination of technology not only because it makes sound commercial sense, but also because it delivers environmentally. From a commercial vantage point, companies can make rapid savings in direct costs and recover a simple payback in typically less than six months. Environmentally, companies will be fulfilling their corporate social responsibilities by playing their part in reducing the paper mountain and their carbon footprint.

In the past, ECM vendors offered capture components built exclusively for their own proprietary content repositories, which carried high price tags and complexities that prevented broad adoption. Today, millions of organisations have deployed Microsoft Office SharePoint Server for document centric team collaboration. With features such as content type, check-in/check-out, major/minor versioning, item level security and workflow; SharePoint has become a capable, credible and scalable repository for contents of all types.

Similar to the way IIS (Internet Information Services) made web server a built-in component of the infrastructure, SharePoint has turned content repository into a standard commodity of the Microsoft platform. This paradigm shift presents new opportunities for organisations to maximise their existing infrastructure investments and calls for a new generation of document capture solutions that use SharePoint as the content repository.

Myriad Technologies solutions enable SharePoint to realise its full potential by connecting it to a simple, flexible and extensible paper on-ramp.