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-- Banks’ productivity limited by hours wasted processing paper -
Forget the paperless office, when it comes to the banking industry, paper is still business critical for legal reasons, but new research shows the way this paper is processed is costing the industry millions of pounds in lost revenue and impacting on productivity.
19% of UK bank employees spend more than 20 minutes per day simply processing paper – from credit and loan applications to new account forms – totalling at least 260 hours per employee per year, according to new research by Lexmark, the printing solutions provider.
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