Adobe Study: Is Paper Now On The Endangered Species List?
New research unveiled today by Adobe Systems Incorporated (Nasdaq:ADBE) reveals important new insights from U.S. managers around digital business processes and paper. According to the study, “Paper: An Endangered Species?” the majority of the managers surveyed had overwhelmingly negative attitudes toward traditional paper-based processes and cite productivity, security, attracting talent and going green as the benefits of a completely digital workflow. The research is based on interviews with 1,051 U.S. managers in small, medium and large businesses.
Below are a few stats from the report:
- 51% of respondents said that a digital workflow makes filing and managing documents easier;
- 98% of respondents noted they still use paper in their transactions involving contracts;
- More than two-thirds believe that paper-based contracts are prone to defacing;
- 76% of respondents said they are impressed by companies that have a strong digital presence;
The data points referenced above come from a study commissioned by Adobe, produced by research firm Edelman Berland and conducted as an online survey among 1,051 U.S. managers who draft, send or sign contracts and agreements at small, medium and large companies. The margin of error for this study (n=1,051) is +/- 3.1%. The survey was fielded between Wednesday, January 30, 2013 and Friday, February 8, 2013.