Published on the 17/02/2010 | Written by Newsdesk
Councils losing out on an average of $3 million a year in savings through inefficient document management, says the content solutions vendor…
On average, each council across Australia is missing out on potential annual savings of more than $3 million per year through inefficient document production processes, according to new research from Objective Corporation, a specialist provider of content, collaboration and process management solutions.
Across the country, this equates to approximately half a billion dollars in hidden costs to be saved each year for Australian local government.
Similar research conducted by Objective in the United Kingdom uncovered potential savings for the public sector of £1 billion.
On the back of this and the launch of Objective’s solutions in ANZ, research has been conducted across a large sample of documents from 120 Australian councils, to map activities, costs and resources supporting the creation and publishing of documents.
The findings have identified an untapped area for cost savings and performance improvements in the document creation lifecycle.
“The sheer number of documents, many of which are statutory, produced each year by local government lent itself to this research,” says Objective CEO Tony Walls.
“This study aims to highlight where, when and how real savings can be delivered against a backdrop of financial constraint and increased pressure for better service delivery to the community.”
