Stop Losing Money on This Sneaky Expense

Kevin Pickhardt

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Kevin Pickhardt

Chief Executive Officer

KEVIN PROGRAMMED HIS FIRST COMPUTER, an Ohio Scientific, in high school in 1979. The thrill of that experience started him down a path of continual discovery that he maintains to this day. A student of nearly everything in his life, Kevin believes strongly in the value of endless learning. He is constantly taking on projects around the house that begin with taking things apart that he may not be able to put back together. He often has a similar strategy with his golf swing.

Whether it’s alone or with friends, Kevin enjoys playing golf — something that he can never master. He is especially proud of his wife and two daughters and the laughter they share.

“I am most proud when I see my colleagues growing and enjoying life with each other, and when I hear that we have made life a little easier for our clients. It is my goal for Pharos to make a positive and lasting difference in the lives of everyone we touch. Anytime I see that promise being delivered it is a good day.”

[This is a snippet of a Pharos article featured in Entrepreneur]
Now that we’re decades into the digital age, you might think that printing is a bygone concern for businesses—just a minor drop in the bucket of overall expenses. But think again: Many businesses spend millions on employee printing every year without giving this ongoing expense the attention it deserves.

According to the recently released Quocirca Print 2025 study, printing technology is expected to change significantly in the next several years, with an increased focus on security, mobility and digitization. During this time, organizations will shift their strategic relationships from print manufacturers to IT and service providers. Through it all, however, printing is not going away.

Are your office printers and documents secure? We can help.

In fact, office printing has increased in recent years, which may seem surprising, given the many digital options as well as the abundance of millennials in the workforce. (Another study found that 77 percent of millennial decision makers polled believed print would still be vital in 2025, compared to 54 percent of Generation X respondents.)

The Quocirca study also revealed that 78 percent of business leaders surveyed considered printing important to their daily operations, and said it would continue to play a significant role, no matter how nontraditional or high-tech a company might be.

Unfortunately, many companies don’t track their internal printing and related expenses. Therefore, they have no grasp of the true costs involved or the extent of wasted resources.

Correcting the problem

Nonessential and redundant printing produces a lot of waste. Correcting this is largely about deploying the right technology and changing employee habits. Too often, there’s a cavalier attitude toward printers — a perception that office printing is free or close to it. Most employees see printing documents as a convenient activity that’s practically invisible to the organization; they don’t think about the costs and how they can ultimately affect the company’s bottom line.

 

My experience in this field, however, has taught me a consistent story: The right print strategy can reduce a company’s annual printing costs by 40 percent or more. These results are achieved by reducing overall print volume to business-critical documents, minimizing toner and ink consumption, and improving the design and utilization of a company’s printer fleet.

Taking print operations to the cloud enables even deeper savings: You can eliminate print servers, and IT resources no longer have to create and manage various print queues across the organization. Every IT manager also wants to reduce tedious maintenance tasks to focus on more important things.

For these reasons, the consensus is that offloading internal print operations will increasingly become the norm.

Read the full article at Entrepreneur >>

You probably don’t want to spend your time and energy thinking about print optimization. Focus on what matters most to your business while we work to design a holistic print strategy for your enterprise. You’ll be surprised to see how much more efficient your printing operations can be and how much money you can save your organization every year. Start the conversation today!


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