How To Reduce Data Entry Costs

BusinessManagement

  • Author Ray Feoli
  • Published May 27, 2011
  • Word count 536

Data entry can get expensive.

It takes lots of time and lots of people to get the big projects done.

If you’re looking for ways to reduce data entry costs, you first have to figure out how to reduce the time it takes to complete a project. As the old saying goes: "Time is money."

To do this, you should consider using any of the options below to save time and money on your next data entry project.

Tip #1: Reduce Errors

Data entry errors and mistakes cause projects to take more time and cost more money.

To help reduce errors, you should create a system so information can easily be checked. This starts by properly training your employees before beginning any data entry project.

Be sure employees working on any data entry projects are proficient computer users. You also will want to create an environment that is free of distractions. Finally, you will want to create a system where information is regularly checked.

This will help to reduce errors in your next data entry project.

Tip #2: Create A Plan

When it comes to data entry, you will want to create a plan of action. The worst thing that you can do is start a big project without a plan in place.

Having a plan ensures that everyone is on the same page. This helps to create more efficiency and of course eliminate errors.

Create templates, instructions and other helpful documents to aid employees on how to properly complete a data entry project.

Tip #3: Have Rules

A lot of times, unexpected issues will pop up during data entry projects that will need to be addressed. It’s always good to have a set of rules in place to handle these issues.

For instance, what happens if a document is missing information? How should your employees enter that into the database?

This is where rules come into play. Rules help to ensure consistency, no matter who is doing the data entry project.

Tip #4: Automate the System

Computers and scanners can now eliminate hours of data entry work. Data capture programs and high volume scanners can cut two month projects into two week projects.

To do this, you need to talk with a document imaging company to determine the best software and hardware needed to complete the project.

Even if you decide to go with this option, you will need to:

  • Create a system

  • Have rules

  • Eliminate errors.

The software can only do so much. For instance, computers sometimes have difficulty pulling information on documents that are illegible.

Summary

Following these four tips will help to reduce data entry costs at your business. Remember that it is very important to plan out a data entry project before you start it.

This will help you to save lots of time and money. If you don’t have much experience with data entry, consider bringing in someone with previous experience in managing data entry projects. They will help you to plan out a project.

If you’re looking to automate the process, be sure to talk with a document imaging company. They can help you find the right networked attached scanners and document scanning solutions to get the job done.

Inception Technologies offers networked attached scanners and document scanning solutions. Learn more at inceptiontech.com.

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