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U.K. public sector wasting millions on document management.


According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 research from U.K. document management specialist Danka, key public sector organizations in the United Kingdom are wasting 722 million euros a year because they are failing to control the production of printed documents.

On a European European

emanating from or pertaining to Europe.


European bat lyssavirus
see lyssavirus.

European beech tree
fagussylvaticus.

European blastomycosis
see cryptococcosis.
 scale, the research indicates a loss amounting to 4.7 billion euros ($5.6 billion U.S.), and only 23 percent of European government organizations were found to have a document management strategy in place. Last year, Danka released a report analyzing the "documess" in the private sector, which revealed that European companies It may never be fully completed or, depending on its its nature, it may be that it can never be completed. However, new and revised entries in the list are always welcome.

This is a list of companies from the countries in the European Union.
 are hemorrhaging nearly 8.7 billion euros ($10.4 billion U.S.) each year. The research shows the extent to which document production is still uncontrolled in the public sector, with organizations frequently unaware of the waste occurring.

Analyzing the potential for cost savings by key U.K. public sector function, the study highlighted:

* The Social Protection sector (potential cost savings = 302 million euros/ $364 million U.S.)--Less than 20 percent of services currently have a document management strategy in place.

* Health (113 million curos/$136 million U.S.) and Education (83 million euros/$100 million U.S.)--These sectors are document-heavy and under pressure to achieve more with less.

* Defense (52 million euros/$63 million U.S.) and Economic Development (83 million euros--More than 25 percent of organizations in the Economic Development sector already have a formalized for·mal·ize  
tr.v. for·mal·ized, for·mal·iz·ing, for·mal·iz·es
1. To give a definite form or shape to.

2.
a. To make formal.

b.
 document control policy.

Law and Order, Social Protection, and Defense are the least effective at document production control.

Several smaller government functions are also among the best at controlling document production, including Recreation, Leisure and Sport, Environmental Management, and Housing.
COPYRIGHT 2004 Association of Records Managers & Administrators (ARMA)
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Title Annotation:News, Trends & Analysis
Author:Swartz, Nikki
Publication:Information Management Journal
Article Type:Brief Article
Geographic Code:4EUUK
Date:Jul 1, 2004
Words:271
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