Doing more with less seems to be the name of the game recently. Budget and staff cuts occurring while simultaneously increasing the number of projects needed to be complete is a conversation happening at schools throughout the country. The good news for companies such as Pacesetter is that these are the dilemmas we’ve been helping for-profit companies solve for decades. How can we improve efficiencies, reduce overall costs while simultaneously improving the quality and impact of the items being produced? We have a solution that will assist in performing these tasks!
But what does this mean for higher education? Schools are facing some major issues as classes move online for the fall and room and board gets erased from the budget. Endowments have dropped and giving has slowed. Separately these things can have a huge impact on an institution. Collectively? It’s requiring many of them to get creative, and quickly.
A centralized production repository can eliminate as much as 60% of an organization’s staff. Does this seem too good to be true? Check out how a start-up food franchise was able to eliminate 60% of their staff.
The Simple Greek Collateral Management Portal
Here are some shocking statistics on what organizations are facing:
- Workers must conduct up to eight searches to find the right document and information.
- 19.8% of business time—the equivalent of one day per workweek—is wasted as employees are searching for the information they need to do their jobs effectively.
- Knowledge workers spend about 2.5 hours per day, or roughly 30% of the workday, searching for information.
During pre-COVID days those statistics were alarming. Today? There’s even less room in the budget for unnecessary spend. Time is money!
Here are some things to consider as you begin the discovery phase of implementing a centralized print repository.
- How much time are we wasting getting materials to print?
- How much could we save by eliminating the broken procurement process?
- Which vendors share the same values in terms of quality and deliverability as our organization?
- What does the future of our marketing materials look like? Are we set up today to allow for customized communication?