How much is your business spending on printing?

Elizabeth Barry 10 November 2017 NEWS

small business printing

Most businesses ignore their printing burden despite wanting to cut costs.

Optimising cash flow can be a tricky balancing act for businesses. Not only can external factors such as third-party price points and invoice payment delays influence your cash flow, but internal budgets have a major impact as well. In between the mass of numbers, important factors that influence your small business' cash flow can get overlooked. And one of these is printing.

Research from IDC has revealed that 43% of businesses list "cost" as their top concern, but printing isn't at the top of SME's list to help them in that endeavour.

“Print is often being overlooked, with 59% of small businesses not having the company directive to reduce print based costs as part of their cost reduction agenda – despite how easy it is to find savings in this area,” said Adam Dodds, research director of channels, alliances and brokerage at IDC Australia and New Zealand.

Now, Canon is looking to help business owners optimise their printing processes and reduce costs. The company has made its Managed Document Services (MDS) available to small- to medium-sized enterprises (SMEs), as well as continuing to offer it to big business.

Businesses that rely on printing can use the MDS system to reduce their print costs, improve efficiencies, increase the security of their documents and reduce their carbon footprint. Research from IDC shows that savings can be up to 30%.

With cash flow still being a major struggle for many Australian small business owners, any tool allowing them to optimise processes and cut costs is a win.

Director of Canon Business Services Gavin Gomes says this new offering allows SMEs to realise the same benefits as large businesses.

“Australia’s large businesses have been saving time and money while reducing their carbon emissions with managed services for years. Canon is focused on how we can deliver big business solutions for smaller businesses, giving them the same opportunities to achieve efficiency, productivity and security as the larger end of town.”

If you're looking for ways to supplement your small business cash flow, you may want to consider your business financing options.

Latest business headlines

Picture: Shutterstock

Get more from finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, read the PDS or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Ask a question
Go to site