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Paper chase

THE paperless office was a dream of the 1980s, but despite our enthusiasm for new technology and the popularity of email, 90 per cent of documentation is still on paper.

The cost to industry to file this paper tidal wave is about $20 per document, but industry spends on average $120 per document finding it when it goes missing.

The cost of recreating lost documents runs to about $250 per docu-ment.

Frightening numbers - and they are the revelations that Sean Donegan, CEO and owner of one of the world’s largest electronic data document storage and retrieval companies, Westbrook technologies, used to shatter many of WA’s top company executives out of complacency last week.

The English-born Donegan says he sees Perth as the beach-head for launching his US-based document management company into the Australian market.

Already in 36 countries, it has taken him two years to analyse the Australian market and find the right partner.

His research pointed him first to Perth, then to the Clayko Group with offices in both Sydney and Perth.

Electronically storing data not only gives fast access, but reduces storage space by up to 80per cent and reduces staff time by 50 per cent.

His various programs including Fortis and File-magic work with a range of operating systems including Oracle, Microsoft SQL, Infor-mix, and Centura SQL.

He said his company spends $25 million a year on R&D to stay on top

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