PaperAct EFC – is a centralised intelligent document repository which instantly and automatically scans documents, emails, attachments and electronic files, indexes their contents, stores them in commonly used industry formats and makes them readily available for searching, viewing and organising.
PaperAct EFC brings functionality and business benefits to small to medium size businesses previously only available to large corporations and enterprises but at extremely affordable prices.
PaperAct EFC is a small self-contained network connected appliance which replaces the need for costly, space consuming physical filing cabinets and document shelving
Click here to download the Paperact Electronic Filing Cabinet Product Brochure
Did you know that whether you use a manual or an electronic system, you can store and keep paper records electronically.
The ATO accepts the imaging of business paper records onto an
electronic storage medium, provided the electronic copies are:
■ a true and clear reproduction of the original paper records
■ kept for five years
■ capable of being retrieved and read by us at all times.
You don’t have to keep original paper records once they have
been imaged onto an electronic storage medium.
For more information, refer to:
■ Taxation Ruling TR 96/7 Income tax: record keeping –
section 262A – general principles
■ Taxation Ruling TR 2005/9 Income tax: record keeping –
electronic records
■ Practice Statement Law Administration PS LA 2008/14 –
Software system documentation for record keeping
purposes.
Basic record keeping principles and practices apply,
regardless of whether you keep manual or electronic
business records.
You can apply the principles outlined in this guide to either a
paper cash book, or an electronic spreadsheet or package.
Electronic Transactions Act 2000 Victoria approach to Scanning or digitising paper
Essentially, the ETA does away with any presumption at law that paper is a “better” or more “valuable” medium for keeping information than electronic forms. The ETA makes it possible at law for an organisation to decide to scan all documents as they are received, destroy the paper originals, then produce the scan in a court of law in seven years’ time as the evidence of a transaction. Obviously, this may well be an attractive solution for organisations with a space problem, as digital storage takes up a lot less physical room, and is ultimately much less costly, than physical storage of paper.
Your documents do you no good if they can’t be acted upon and be used. How do you make sure that your documents enter and leave your business processes when, and as requried? Capturing your paper documents is the first step in automating your business process. PaperAct is a unique document and data capturing system that ensures your information workflows and business processes are fed as required.
New: PaperAct Wiki Pages can be found here
Congratulations to Spinal Metro Day Care Hospital for sending their first batch of Documents for Shredding !
Spinal Metro Using PaperAct
Save time, Save money, get real value!
PaperAct Unit Illustration
Fact: the process of managing document is cumbersome, repetitive, time consuming, costly and in many cases adds no real value to the end user.
Fact: Managing documents electronically is more effective and efficient than leaving them as paper.
Fact: 63% of US households and 95% of business used a scanning device at home in 2004. How many of you are using scanners efficiently and effectively?
PaperAct solves all these issues and more. Contact us to organise a demo.
Act Now…
PaperAct brings proven,paper and digital capabilities to Small and Medium
Sized Businesses (SMBs) and departments of large organisations at a very
affordable price.
Teams are up and running in minutes, and it’s so intuitive, little training
is needed.
PaperAct assures that:
Streamlining the entire process from document presentment and delivery to
processing, payment, filing, storage and retrieval. PaperAct is a consumer
electronics “hit” for paper and document management comparable in scale to
the simplicity and success that the iPod has achieved as a personal music
device.
More information Can be found on PaperAct Australian Scan Paper website
