Skip to the main content.
TOUR
TOUR
Field-to-Office Productivity Platform

The PeerAssist tools help contractors to streamline several construction workflow processes typical burdened by manual processes without disrupting current technologies in your operation. 

Don't Take Our Word For It

Our customers speak for us.  Listen to what they have to say about how PeerAssist has helped their company, how their teams have adopted the technology, and what you can expect when you choose PeerAssist.

Explore Further

We want you to have a great experience from the start with PeerAssist.  Explore our platform on your terms and our team is standing by to answer questions and guide you through a demo around your needs.  

Learning

Check out these resources to determine your ROI, access insightful content in eBook and webinar format to learn more about how PeerAssist can provide value to your organization.  

Industry Trends & Product Info

PeerAssist Connect is our information hub for content related to industry trends as well as PeerAssist product and company information.  Learn who we are and how we work within the industry to get a sense of who you're partnering with.  

Who are we?

Learn more about what we are all about.  Construction runs in our DNA and our customer focus is second to none.  We are motivated to solve real-world problems for our customers.  

Contact Info

We love meeting new people and welcoming back existing friends.  Here is how you can get in touch with PeerAssist. 

2 min read

Cost of re-entering data from paper

Featured Image

In construction, it's easy to fall victim to it's "business as usual".  After all, contractors are buried in project tasks, trying to maintain project schedule to hit already tight deadlines, and racing onto the next project.

One task that has plagued the industry for years is the reliance on paper and even going so far as to manually rekey the information into software once paper forms arrive in the office.

Knowing the costs:

Did you know that a single page costs up to $2 per page?  Think about that for a second...how many forms do you fill out in the field on a daily basis across all your projects?  How many get keyed in over the course of a year - 25,000, 50,000, 100,000?

 

Error Rate:

Now factor in error rate - with an average error rate of data entry being 4% on average, this means that for 10,000 documents, you would have $400 that have bad data.  In construction it's often worse because you must factor in language barriers and handwriting legibility that makes entering the data that much more difficult.

 

Example:

Imagine we acquire and enter 25,000 documents with an average of 1.5 pages each across all projects for a year.  That volume results in cost of $75,000 per year just to enter the data from paper forms.  Add in 1,000 documents being miskeyed and the results are anything from billing the wrong amount to going back and fixing the bad entries ($10 each form for a true cost), suddenly you're approaching $100,000 in cost that gets incurred by your company.  The concerning part of this analysis is that re-entry of data from paper is only part of the puzzle as the overall cost of paper forms is staggering at nearly $5 per form that exists in a construction operation.  In fact, many contractors who have analyzed this cost found they were closer to $10 per form.  Our same example of 25,000 even at the conservative estimate of $5 per form far exceeds a minimum estimate of $125,000 per year and that is a cost that can easily be avoided and put to better use. 

 

Solving the problem:

Solving the problem is easier than in the past with technology being cloud-based and easy for even non-technical users to start choosing forms from a library and starting on any form from scratch.  eDocs by PeerAssist for example can be up and running in minutes and offers immediate impact to your operation.