Advantages of Managed Document Services

Every company is always looking for a new way or method to cut the overall business costs. In an office setting, document-related output is the most common factor that greatly adds to the total business costs. This is where document solutions come in. One of the most effective ways to reduce the amount of expenditure is by maximising the value of various functions at the office such as printing, copying and scanning of documents.

Although MPS or managed print services have been introduced to the industry not so long ago, there is still an even greater document strategy that is far superior and this is known as MDS or managed document services.

What is MDS or Managed Document Services?

Compared to MPS or managed print services, which is focused only on output, MDS or managed document services aim to provide a holistic approach on the whole document output process. What does this mean? Managed document services are not only looking into the output, but they are making sure that every step of the process is maximised - starting from the capturing of data, up until the  archiving of information, managed document services take care of it all.

This unique document technology is a perfect strategy that makes it possible for offices to reduce output costs of about 30% to 40% in total.  This is a considerable cost savings that can definitely affect the business positively.

How does Managed Document Services work?

A managed document services provider will first make an assessment of the current existing solution. After this step, the service provider will come up with figures on the total costs of company ownership and production. From here, a tailored plan for the business will be laid out to address which issue needs to be attended to right away.

Additional benefits of Managed Document Services

Aside from the big savings that could be achieved from this document technology, managed document services have more benefits to offer a business and these include:

• The probability of lowering the present Total Cost of Ownership or what is also known as TCO.

• A very positive impact on the environment as there will be fewer devices or machines that will be used at the office.

• A much improved document strategy, from a simple output-based strategy, to a more holistic document solutions approach, starting from scanning, copying and finally printing.

Managed document services is a great way to not only reduce business costs, it is also effective in increasing the quality and efficiency of work in the office setup.