Océ Business Services, a Canon Group company and a leader in managed business process services, will be on hand to share insights, innovative approaches and important legal industry trends at the Hildebrandt Institute’s 11 th Annual COO & CFO Forum. Océ plans to spotlight document management best practices, strategies and case history examples that can help law firms reduce costs, streamline operational efficiency and mitigate risk. Océ provides outsourced document management and electronic discovery services to 29 of the top 50 Am Law 200 firms.
In a survey report issued by Océ, executives from a variety of major industries, including legal, made a strong case for tapping the business benefits of records management. A very high number of survey respondents (71%) reported that records management has a moderate to strong impact on supporting their organization’s top business goals such as lowering costs and improving operational efficiency.
As an example, Océ reviewed the records management procedures of three practice areas for a major law firm and provided the firm with recommendations that helped it streamline workflows; enhance compliance and allow attorneys to spend more time practicing law. After conducting a software gap analysis, Océ also improved utilization of the firm’s file management system. As a result of these and other activities, the firm realized costs savings of over $70,000 in the first year of the records program due to process improvements, file room space reductions and other enhancements.
“This year’s forum spotlights a range of important topics, such as improving legal work processes and leveraging resources in more effective ways,” said Joe Marciano, president and CEO, Océ Business Services. “We can address these and other topics from a document management perspective. During the past few years our industry surveys show that senior executives increasingly recognize the business value that document management best practices offer, particularly records management and document imaging.”
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