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According to industry estimates, between one and three per cent of a company's annual revenue is spent on printing.
It is estimated organisations can save up to 30 per cent by implementing a print management strategy.
The office printing environment has undergone a significant transformation in recent years.
Photocopiers have been replaced by networked digital copiers, fax machines have given way to scanning and email, and print volumes are growing, boosted by the increased demand for colour output.
Not only is the web driving colour printing but many businesses are also using high-end colour printer and copier devices to print material that would have previously been fulfilled by external print houses.
As more print volume is being generated by businesses, paper consumption also continues to rise.
Paper documents remain essential across many business processes, and scanning volumes are increasing as organisations look to manage these documents electronically.
The advent of the multifunction printer (MFP) has enabled companies to cut costs by replacing outdated standalone printers.
MFPs offer network printing, copying, faxing and scanning in a single device, reducing inventory and operating costs.
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