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7 Bizarre Stats about Paper

Numbers don’t lie, but these stats are seriously unreal...

March 28, 2022

ROI

While Paper Has Its Place in Pharma, These 7 Statistics Make Us Think Twice about Its Longevity:

Paper stat #1

It costs $20 every time someone touches a piece of paper.

Paper stat #2

Wasted time from processing paper costs companies $19.7k per worker, per year.

Paper stat #3

Paper records lead to 62% of data breaches in companies with 500+ employees.

Paper stat #4

Paper's annual cost amounts to almost a quarter of the workforce: 213 out of every 1,000 employees, or 21.3% time per worker, gets bogged down by manual transcription.

Paper stat #5

A nutraceutical CMO saw a 90% decrease in data entry errors by replacing their paper systems with a digital solution.

Paper stat #6

A pharma packaging company spent countless hours reviewing 200+ batch records, until they switched to digital and cut their quality review times from 3 hours to 15-20 minutes.

Paper stat #7

In 2021, Apprentice helped our client free up 9,000 hours from manual transcription by going digital. The payoff? Massive savings in time, resources, and quality of life.

We did the math; you make the call

Clearly, the numbers just don’t add up for paper. Paper systems can’t keep up with the demands of new modalities or the pressures of new production methods. 

Paper works as a last resort, but cloud-based MES is the clear choice for manufacturers distributed across multiple teams, sites, and countries. Uploading your paper documentation to the cloud brings:

  • Speed
  • Security
  • Capital savings
  • Accuracy


Harness the cloud for ROI

To stay competitive in manufacturing, agility is key. For pharmaceutical manufacturers, doubly so.

That’s why we built Tempo — a cloud MES solution that eliminates paper-based errors and delays. 

However, a paper-free world is still a long way off. So we’ve made sure that Tempo works with paper, not against it. Our clients can seamlessly import their paper documentation, turn it into digital workflows, and export it back out to paper whenever it’s needed.

Check out Tempo and watch how fast your team can work. Who knows? You might just become the next incredible ROI statistic. Explore Tempo.

References

  1. Apprentice (2021, Q4). Data on file.Edwards, D. (2021, March 1). Contract Pharma. Data on file.
  2. Gilbert, N. (2022, January 21). 79 Cloud File & Document Management Software Statistics: 2022 Data Analysis & Market Share. Finances Online. https://financesonline.com/cloud-file-document-management-software-statistics/
  3. Kolbasuk, M. (2014, June 16). Preventing Breaches: Don’t Forget Paper. Data Breach Today. https://www.databreachtoday.com/blogs/preventing-breaches-dont-forget-paper-p-1690
  4. Webster, M. (2012). Bridging the Information Worker Productivity Gap: New Challenges and Opportunities for IT. IDC & Adobe. https://warekennis.nl/wp-content/uploads/2013/11/bridging-the-information-worker-productivity-gap.pdf