In addition to productivity and the cost to recreate lost documents, document management software makes sense from several standpoints:

Storage Cost
The cost of storing data has dropped to as little as $1 or less per gigabyte. Considering that up to 200,000 documents or more than 10 filing cabinets can be stored in 1GB, installing an EDMS application makes sense.

Advanced Scanning Technology
Sheet-fed scanners, which are now common on most new office copiers and multifunction products, allow documents to be scanned quickly and conveniently.

Regulatory Compliance
The government has created a more rigorous regulatory scheme to safeguard information storage, security and retention.