Do you know how much your business spends on print and copy expenses?
If the answer is no, you are not alone. According to a Gartner Group study, 90% of businesses lack an understanding of the total financial impact of printing and copying.
The two biggest reasons for this lack of clarity are:
- Printing and copying expenses are often split between office equipment costs and office supply expenses.
- Printers and copiers are often managed separately yet used interchangeably.
Considering the average employee prints 34 pages per day at a cost of around $725 per year per employee, printing and copying expenses are typically the third greatest business expense behind payroll and rent.