Gartner Research has validated that businesses spend betweeen 1-3% of revenues on the hard goods costs of printing.
Irvine, CA (PRWEB) September 30, 2014
IQ Logic, an IT Profit Recovery Consulting company specializing in Managed Document Services (MDS), announced today the launch of a new educational initiative, IQ Logic Business Briefs, dedicated to informing customers about best business practices for Managed Document Services. The new program provides guidance for businesses interested in increased profits by optimizing their document management and business processes.
“An important part of our role as a leading IT Profit Recovery Consultancy is to uncover significant and quantifiable cost savings is utilizing our proprietary “IQ Assessment®” (In-depth & Quantitative) process that reveals previously hidden charges.” said Frank Mendicina, President of IQ Logic. “Gartner research has validated that businesses spend between 1-3% of revenues on the hard goods costs of printing with another 5-6% spent in hidden costs.”
“Our new initiative, IQ Logic Business Briefs, explores all the print and digital information issues that senior managers of IT and Procurement departments wrestle with on a day-to-day basis, said Mendicina.”
The educational program will include a host of informative white papers, seminars and one-on-one “IQ Assessments” from IQ Logic. To kick off the initiative, IQ Logic has published a new white paper, entitled “The Changing Landscape of Managed Document Services”, available for free download.
“Part of IQ Logic’s commitment to customer advocacy is making sure we share all our intelligence to help our clients make more informed decisions,” said Mendicina. “Our IQ Logic Business Brief series represents our collective knowledge about how best to tap into smart document management. And if we disrupt the industry’s status quo by sharing - not hiding - the truth about print management costs, we’re happy to play a part in our customers’ education.”
The IQ Logic Business Briefs series will also include exclusive detailed papers for IQ Logic blog subscribers and informative seminars by invitation from the company.
About IQ Logic
IQ Logic, an IT Profit Recovery Consulting company, provides in-depth “IQ assessments” and a comprehensive strategy to optimize productivity and profitability for their clients. IQ Logic empowers businesses to become more profitable by offering innovative best practices that improve business processes through the integration of digital and paper workflows. The company is part of The Lotus Innovations Fund portfolio.
About The Lotus Innovations Fund
The Lotus Innovations Fund, located in Irvine, California, is a private equity fund transforming Enterprise IT Professional Services companies into SaaS-based companies. By operationalizing a repeatable process with Lotus Innovations’ proprietary methodology and embedded management, the fund has created a new paradigm that accelerates growth and valuations.
The innovative approach to investments in early stage Enterprise IT Professional Services companies and subsequent transformation into SaaS companies creates a systematic deal flow for other private equity firms and strategic alliance partners as each portfolio company is exited by Lotus Innovations.