Wednesday, July 2, 2008

What most corporations don’t know about print management solutions

MEDIA RELEASE

FOR IMMEDIATE RELEASE

June 2, 2008

The cost per page solution to hidden print management costs

June 2, 2008, OAKVILLE -- Operating at high efficiency in order to increase the bottom line is always a priority for businesses and not-for-profit organizations.

According to a study by InfoTrends, corporations spend an average of six percent of their gross revenue on their overall document management. Most companies, however, think they only spend around three percent of gross revenues, but when hardware, supplies and people costs are considered, the average is around six percent and growing. To reduce these costs, organizations need to consider alternative print solution options.

There are many opportunities for companies to reduce print costs. For example, organizations are quick to account for the hard and soft costs of purchasing a multifunction printer (MFP), supplies, toner, etc., but overlook the hidden cost of their daily operation.

Research has shown that an estimated 50 per cent of the overall printer cost can be tied to support, and of that, 20 per cent can be directly attributed to service calls to a company’s IT helpdesk, according to Principal Analyst Louella Fernades of Quocirca.

Most companies’ print management operations are askew with many departments operating independently with little or no knowledge of other departments’ printing supply needs. The savings that can come as a result of bulk buying are being overlooked.

This is the reason that LaserNetworks® launched its COST PER PAGE® program, in 1996, the first such program in the print solutions industry at that time. It includes on-site support of all printing and imaging devices and networks, management of all printer and imaging fleet assets, and provisioning of all printing supplies, everything except paper and power, for a pre-determined, fixed cost per page fee.

"Our experience working with over 500 North American organizations, including such companies as PepsiCo, and Boeing, has shown that print management costs can be reduced as much as 40 percent," says Chris Stoate, President of LaserNetworks®, Canada’s leading print solutions company.

LaserNetworks® currently supports over 50,000 printing and imaging devices, and delivers on-site service throughout Canada and the United States.

"There are numerous ways to reduce a company’s print operation costs, bulk buying and eliminating calls to a company’s IT helpdesk are only two of the many solutions available," says Chris Stoate. "Reducing equipment down-time, leveraging LaserNetworks®relationship with suppliers, using latest technology in the marketplace without incurring capital costs and taking advantage of the environmentally friendly options available are just a few ways that companies can improve their print management operations."

For further information contact:

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Peter Turkington
Strategic Communications Solutions
ON BEHALF OF LASERNETWORKS
Direct Phone: 905.901.9218
Email: pturkington@stratcommsolutions.ca
Web: www.stratcommsolutions.ca