The failure to realise the importance of data and information management is unfortunately a growing trend in the professional services industry across Australia.

Professional, accountable and reliable records management can enhance your overall productivity, efficiency and security.

Any interruption to your business could cost you dearly; in terms of lost revenue, reputation, and respect within the industry for failing to plan for such an event. It could even threaten the survival of your business in terms of decreased business productivity and invoicing.

Recent research [3] has revealed that half of Australian small businesses surveyed had lost work due to not backing up files, documents and work effectively. This failure to back up is costing the average Australian business between three and ten percent of revenue. While there are financial implications associated with data loss for business, there is also the operational and reputational cost that could continue to hurt a business long after the data is lost.

Ongoing management of your document storage processes is essential, as most businesses evolve and change over time. In order to maximise efficiency and effectiveness, document and information storage should not simply be thought of as a 'set and forget' system.

Whether you're an accountant, business consultant or architectural firm, following best practice information management and records keeping is imperative to keeping your business running.

To find out more about how Compu-Stor's robust information management systems for professional service organisations can assist with the management of your records and data, helping your business to run more efficiently, call our experienced team on 1300 559 778 or submit a quote today.