by Katherine Macey
Effective filing systems, whether they are paper or digital, are critical to a business’ success. Proper records facilitate business transactions and track the success or failure of the business.
Easy access to documents ensures employees can spend their time working on the projects at hand rather than looking for a piece of paper. Estimates of the time that the average employee spends looking for documents range between 2 and 8 hours per week (statistics gathered by the National Association of Professional Organizers) or 100 to 400 hours per year.
We all know time = $, let’s look at the breakdown. According to Gartner Group, Coopers and Lybrabd, Ernst & Young, the average time to retrieve and refile a paper document is 10 minutes. An average of 3% of documents are lost or misfiled, and have to be recovered at a cost of $120 per document. This equates to a cost of $2,160 to $8,640 per year.
An effective paper filing system will reduce the amount of time people have to look for documents and reduce the number of documents that are lost or misfiled, therefore reducing cost. It’s a win-win-win.
Keys to effective paper filing systems:
- Label files clearly
- Have some order to the filing. You may use different types of systems for docent categories of files.
- Alphabetical – useful for client files
- Categorical – can separate different categories such as vendor files, client files, financial files, etc.
- Chronological – useful for financial files
- Frequency of use – can keep documents that are referred to frequently at the front of a file cabinet.
- Priority based – particularly useful for active projects.
- Create rules for where each type of document should be filled.
- Only have one home for each type of document.
- Create naming conventions for files that everyone uses.
- Have a system for quickly identifying where a document or file folder should be returned to if it is removed from the filing system.
- Keep active files separate from files that need archiving.
Organize to Excel has been working with client files since 2007. We have experience setting up files for a range of small businesses as well as home based businesses and personal files. If you are a busy mom with more kid papers and family bills than you know what to do with, or a real estate agent with closing documents, licenses, and brochures piling up your office, we can help.
by Katherine Macey
I recently attended the National Association of Professional Organizers annual conference. I’m always inspired by the speakers and my fellow organizers. I want to share three particularly amazing resources I think you will love too, all regarding using a minimalist approach to life.
1) This year the opening keynote speakers were a pair of young guys, Joshua Millburn and Ryan Nicodemus, a.k.a. The Minimalists. They shared their stories of letting go of the extra things they had in their lives and the resulting happiness they experienced. You can see their TEDx talk here (https://www.youtube.com/). They continue to blog about their lives, simplifying their existence and pursuing meaningful endeavors at their blog (http://www.theminimalists.com/).
2) Another inspiring blog is Zen Habits (http://zenhabits.net/) by minimalist Leo Babauta. Zen Habits is about “finding simplicity in the daily chaos of our lives. It’s about clearing the clutter so we can focus on what’s important, create something amazing, find happiness.” Leo is a father of six who lives in San Fransisco. I have two children and can only imagine the complexity that six would bring to a life! We simplify our lives by scheduling the majority of the kids after school activities together. They both take Kung Fu, they both take piano. And other than Girl Scouts once every two weeks which only my daughter participates in, they have time to spend playing with their neighborhood friends. Almost a lost art in Los Angeles where kids seem to be scheduled every moment of every day.
3) The third resource I will mention today is the blog Becoming Minimalist (http://www.becomingminimalist.com/) by Joshua Becker. He is part of a family of four living in Arizona and has shared his story with various TV stations and has written several books to inspire you as well.
The best thing about all these writers is that what they say is simple to do. It doesn’t cost you any money, in fact, you may end up making money if you sell the things you no longer need.
How will you make more space in your life today?
What can you let go of that you no longer need?
