Document Management Calculator

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"U.S.-based companies spend [up to] $35 billion processing (filing, storing and retrieving) paper. Management of documents pushes that figure to $100 billion per year." - International Data Corporation
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WHAT ARE YOU SPENDING ON PAPER-BASED
HR DOCUMENT MANAGEMENT?

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1. How many HR staff members do you have?
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2. What percentage of HR's time is spent searching for documents?
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Studies estimate 30% of knowledge workers' time is spent searching for documents. Considering how many documents HR manages for each employee, the percentage is likely significantly higher.
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  • OSHA
  • I-9
  • Hiring and employment records
  • Payroll records
  • Timesheets
  • Employee benefits
  • Tax records
  • Safety data
  • Family medical leave records
  • COBRA
  • Credit records
  • Affirmative action plan/data
  • Driving test records
  • ACA records
Sources: Delphi Group, International Data Corporation, Paperless Project, The Boston Globe
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3. Average HR employee salary: $ per hour
TIME SPENT SEARCHING FOR DOCUMENTS:
0
hours per year
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TOTAL COST: $0 per year
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What could your HR department accomplish if more time was spent on strategic initiatives like talent acquisition, retention and engagement?
REDUCE COSTLY INEFFICIENCIES WITH A SINGLE-APPLICATION SOFTWARE.

Paycom streamlines and automates HR and payroll tasks across the entire employee life cycle, all within one easy-to-use application. Employee data is stored securely in our cloud-based software, eliminating the need to house sensitive data in multiple HR systems or in paper personnel files. Paycom's Documents and Checklists tool offers a full-service solution with the appropriate accessibility, flexibility and cost to help you drive organizational performance.