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LabCorp Selected as Finalist for AIIM 2009 Best Practices Award

11 Feb, 2009

LabCorp Selected as Finalist for AIIM 2009 Best Practices Award

State College, PA (February 2009) - Optical Image Technology (OIT) customer, Laboratory Corporation of America (LabCorp), has been chosen as a finalist for the Association for Information and Image Management’s (AIIM) Carl E. Nelson Best Practices Award. The Best Practices Award recognizes excellence in the field of enterprise content management (ECM) and showcases the returns on investment that technology solutions can attain for businesses. The award denotes a standard of excellence that winners have achieved by successfully quantifying and adapting processes that can be repeated within their organization as well as by others. Finalists and winners must demonstrate significant returns on investment resulting from their innovative use of document and process management technology.

As a result of integrating their Microsoft Office processes with OIT’s DocFinity document management and workflow software as well as with their existing data storage system, LabCorp was able to recover $6.1 million dollars in bad debts between 2004 and 2007. Forty-three talented employees were repurposed from tedious data entry/search/filing positions to analytical and service areas. Over $400,000 was also saved in paper expenditures company-wide.

Winners of the Best Practices Award will be selected by the entire professional membership of AIIM. Finalists will be introduced at the annual AIIM awards dinner on March 31 in Philadelphia at 7 p.m., at which time the winners will be announced.

“We are honored to have been chosen as a finalist for the prestigious AIIM Best Practices award. OIT’s DocFinity products have enabled massive savings, better customer service, and a better work environment for our staff. As we look into the future and consider other business challenges that might be addressed with technology, the prospects are exciting.” – Amanda Hassler, IS Project Manager, Workflow Applications, LabCorp

“LabCorp’s long-term vision, dedication to the project and commitment to help its employees embrace change resulted in a phenomenal return on investment. Everyone benefited - the company’s staff, customers, and shareholders. We are proud of what our partnership has achieved, and look forward to helping LabCorp meet other business challenges with similar success.” – Ron Prichard, President, OIT

Since 1986, OIT and its DocFinity suite of workflow and document management software have helped businesses solve their document management and business process needs. OIT offers robust, flexible products including document imaging, workflow, and Web services. Organizations see an ROI and improved productivity with DocFinity.

For more information, please visit www.docfinity.com.

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