6. Energy Use
When there is a large fleet of printers, the energy consumption is frequently overestimated. Operating costs for older equipment are higher, and not all newer technology is created equal. Many multifunction printers have an ENERGY STAR rating, just like more recent home appliances.
ADVICE FOR SAVING MONEY: To benefit from the energy-saving features offered by modern, energy-efficient versions, think about replacing your equipment.
7. Employee Time
Even though it’s challenging to assess precisely and is frequently regarded as a “soft cost,” labour is a crucial component of the equation. Consider the fact that some IT departments devote up to 25% of their time on debugging, managing downtime, repairing devices, and fixing network disturbances related to print issues.
Implementing managed print services can minimise these soft expenditures and free up your IT staff to concentrate on important tasks.
8.Security Risks
Most businesses are quite concerned about cybersecurity, and even the most successful corporation could go out of business given the typical cost of a security breach. Network printer security is crucial. However, did you know that around half of all data breaches are paper-based, meaning that anyone can walk up to a printer and just pick up a printed document containing sensitive information or proprietary information?
TIP FOR SAVING MONEY: Make sure that security features like pull printing, card readers, or PIN access are in place before printing any private papers on a shared printer.
You’ll probably become aware of the detrimental effects that wasteful printing techniques and antiquated equipment have on your bottom line once you’ve compiled the data from all of these different elements. As previously said, requesting a free evaluation from a Managed Print supplier is one of the finest and most accurate ways to determine your total print expenditures.
